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Banking & Finance: News

Karanović & Partners Advises BIG CEE on Major Financing Deal

Karanović & Partners is pleased to have supported BIG CEE in securing a new EUR 72 million financing (part of EUR 100 million financing package) with the European Bank for Reconstruction and Development (EBRD). The funds will be used to expand BIG CEE’s retail portfolio across the Balkans, reinforcing its position as a key player in the region’s commercial real estate market.

Our partner Katarina Gudurić advised BIG CEE on this significant transaction, providing legal support throughout the process.

BIG CEE, a subsidiary of BIG Shopping Centres Israel, develops and manages retail properties across the Balkans, operating 16 centres in Serbia, including major malls and retail parks. The company also owns BIG FASHION Podgorica, the largest shopping centre in Montenegro, and The Capital Plaza, a multifunctional complex, with plans for further expansion in both Serbia and Montenegro, supported by a recent €100 million financing package from EBRD.

 

Partner refers to independent Attorney at Law in cooperation with Karanovic & Partners.

The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.