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Harrisons and Karanovic & Partners Advise on EBRD's EUR 27.6 Million Loan to District Center and PKS-LATEX-HLC

Harrisons and Karanovic & Partners Advise on EBRD's EUR 27.6 Million Loan to District Center and PKS-LATEX-HLC

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Harrisons, working alongside CMS, has advised the EBRD on a EUR 27.6 million loan to District Center doo Beograd and PKS-LATEX-HLC doo Cacak. Karanovic and Partners advised District Center doo Beograd and PKS-LATEX-HLC doo Cacak.

The funds will be used to finance the development, construction, and operation of retail parks and shopping centers in Nova Pazova and Cacak, in Serbia.

According to Harrisons, “both companies are ultimately owned by CEE BIG BV from the Netherlands and these loans represent a part of the bigger project which will enable CEE BIG BV to expand its portfolio of modern retail parks and shopping centers in the Western Balkans.”

The Harrisons team included Principal Mark Harrison, Consultant Ines Matijevic-Papulin, and Associate Mina Zeljkovic.

The Karanovic & Partners team included Partner Katarina Guduric.

Editor's Note: After this article was published, CMS informed CEE Legal Matters that its team included Partner Rafal Zakrzewski and Senior Associate Evgeniy Vazhynskiy.

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.