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.