Sat, Oct
82 New Articles

CMS Advises Poseidon Group and Mitiska Reim on Sale of Serbian Retail Parks Portfolio to Immofinanz AG

CMS Advises Poseidon Group and Mitiska Reim on Sale of Serbian Retail Parks Portfolio to Immofinanz AG

Deals and Cases
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

CMS has advised the UK's Poseidon Group and Belgium’s Mitiska Reim on the divestment of their entire portfolio of retail parks in Serbia to Austria’s Immofinanz AG. Tomic Sindjelic Groza reportedly advised Immofinanz on the deal.

According to CMS, “the portfolio consists of four retail parks located in the cities of Zajecar, Leskovac, Sombor, and Sabac, [with] total GLA of 28,200 square meters. Major tenants include supermarkets Tempo and Maxi (Delhaize Serbia), as well as leading international retailers such as C&A, Deichmann, DM, H&M, Intersport, and Jysk.”

CMS’s team included Vienna-based Partners Alexander Rakosi and Sibylle Novak and Attorneys Daniel Kropf and Marie-Christine Lidl, as well as Serbia-based Partners Marija Tesic, Ivan Gazdic, Milica Popovic, and Maja Stepanovic and Attorneys Anja Tasic, Jelena Djordjevic, and Igor Djordjevic.

Serbia Knowledge Partner

The oldest full service commercial law firm in Serbia, founded in 1991, JPM with three decades of experience in assisting local and international businesses presence and growth not only in Serbia but throughout the SEE region.

We have accumulated a wealth of knowledge in every industrial and corporate sector, from energy to banking, transport, manufacturing and telecommunications, while remaining true to a pioneering spirit that has always drawn us to follow the latest trends and developments in providing of our services to clients. Today we use the latest legal tech available in serving our clients and are expanding our services to clients from growing industries such as renewable energy, IT and life sciences, by offering innovative solutions and a pro-active approach to broaching new grounds.

Our expertise, experience, and commitment to professional excellence mean we are routinely involved in landmark cases and transactions, while our high standing among clients and peers sees us ranked among the leading law firms by independent guides such as Chambers & Partners, Legal 500, and IFLR1000.

We are known for working closely with clients and treating their problems as our own. Our lawyers pride themselves on being team players, fast and available, specialised in terms of practice area and industry, but versatile and creative in their thinking. We believe our advice should be tailor-made and that even the thorniest issue has a legal solution.

Our membership of Lex Mundi (the world’s premiere network of independent law firms) and the TLA (a regional alliance of leading firms from Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia) means we have close working relationships with first-rate firms throughout the region and around the world, enabling us to operate as the perfect hub for SEE and other multi-jurisdictional transactions.

Firm's website: http://jpm.rs/

Our Latest Issue