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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.

Karanovic & Partners at a Glance

Karanovic & Partners is a regional legal practice in Southeast Europe with a tradition spanning over 25 years and cooperating offices in Serbia, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, and Albania. With more than 150 attorneys at law working together across the region, we take pride in our work, dedication, and understanding of our clients' industries and needs.

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, start-ups, and NGOs. We see our clients as long-term partners. We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

In our company culture, excellence is a must. We are reliable, adaptive, and fast. We operate under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

We are ambitious to propose innovative legal solutions and we are at the forefront of legal developments in Southeast Europe, pioneering new areas of the law and paving the way for new practices and regulations.

Firm's website.