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Schoenherr Advises Banca Intesa Beograd on Big Fashion Park Project Financing

Schoenherr Advises Banca Intesa Beograd on Big Fashion Park Project Financing

Serbia
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Schoenherr has advised Banca Intesa Beograd on providing EUR 26 million loans to Israeli Big Group company Minel Kotlogradnja Real Estate.

According to Schoenherr, "the loans will be used to refinance the development of a modern retail park Big Fashion Park and to finance the first phase of the residential project Big Fashion Residences. Both projects form part of a unique multifunctional concept combining a retail park, a residential area – developed on the retail park's rooftop, and a business zone, located next to the Belgrade riverside."

Intesa Sanpaolo company Banca Intesa Beograd is a bank operating in Serbia.

The Schoenherr team was led by Attorney-at-Law Jelena Arsic and Associate Marko Kostic.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu