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NKO Partners Advises CTP on Financing for Real Estate Projects in Serbia

NKO Partners Advises CTP on Financing for Real Estate Projects in Serbia

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NKO Partners has advised industrial real estate developer CTP on a EUR 16.5 million financing for its real estate projects in Serbia from Raiffeisen Bank Serbia. CMS advised Raiffeisen Bank on the transaction.

According to NKO Partners, “four project companies of CTP and Raiffeisen entered into a secured term facilities agreement on June 25, 2020, for purposes of financing development and construction of four facilities and refinancing the existing loan with OTP bank Serbia. Two out of four facilities are located in Belgrade, one is located in Novi Sad, and one is in Kragujevac, and their total net leasable area amounts to approximately 72,000 square meters.”

NKO Partners’ team was led by Senior Associate Marina Nikolic.

Editor's note: After this article was published, CEE Legal Matters learned that CMS's team included, in Serbia, Partner Milica Popovic and Lawyer Ksenija Boreta, and in Sofia, Partner Elitsa Ivanova and Associate Katerina Hristova. More information about CMS's involvement in the deal can be found here.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.