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Wolf Theiss Advises Erste Bank on Sale of Velenjka Shopping Center

Wolf Theiss Advises Erste Bank on Sale of Velenjka Shopping Center

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Wolf Theiss has advised Erste Group Bank on WG Projektiranje’s sale of the Velenjka shopping center in Velenje, Slovenia, to Velenjka doo. The Ptuj-based Mayr law firm reportedly advised the buyer.

According to Wolf Theiss, the transaction involved "the release of mortgages, land debt, and encumbrances on the business share," in an asset and share deal, as well as the transfer of the Velenjka EU trademark held by WG Projektiranje. The transaction closed on March 31, 2023.

The Wolf Theiss team included Vienna-based Counsel Michael Kienzl and Ljubljana-based Partner Klemen Radosavljevic, Counsel Petra Jermol, and Associate Larisa Primozic.

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