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.