Moravcevic Vojnovic and partners in cooperation with Schoenherr has advised Fifth Quarter Ventures on its recent investment in Cosmic.

Former Gecic Law Partner and Head of Dispute Resolution Jovana Velickovic has launched her own law firm in Belgrade – Velickovic Law – specializing in dispute resolution, labor, and corporate law.

Gecic Law has advised JFE Shoji on a EUR 50 million greenfield investment in Serbia through the acquisition of a 10-hectare land plot in the Indjija industrial zone.

Stratulat Albulescu has advised ELI Parks on leasing 4,500 square meters of logistics and office space in ELI Park 4 to Sika.

Croatia ranks third among European Union countries in terms of home ownership, with a significant 91% of Croatians residing in real properties they either own or are owned by a household member. Typically, Croatians primarily use these owned residential properties for personal residential purposes. However, residential real property ownership is also regarded as a lucrative investment avenue. Individuals and companies often invest in real properties, either residential or commercial, on a buy-to-let model. In recent years, a hybrid model of aparthotels arose on the Adriatic coast, in the spatial zones designated for tourism industry. The model allows private investors to own a condominium unit in the tourism zone, utilising it for a specific period annually while deriving profit from its commercial use for the remaining period.

Kinstellar has advised Immofinanz on its sale of the Grand Center Zagreb office building to an undisclosed Croatian real estate firm.