NKO Partners has advised Emmezeta on the development of a distribution center in Novi Sad with Structura to perform the construction works.
Emmezeta is a home decor retailer in the SEE region.
According to NKO, the project “involved the execution of a joint venture arrangement between Emmezeta and Delhaize, a prominent player in the European retail industry from Belgium. The JV agreement detailed the reconstruction of the distribution center, which will be partially leased back to Delhaize.”
Back in 2023, NKO advised Emmezeta on the acquisition of the real estate plot used for this development from Delhaize (as reported by CEE Legal Matters on January 20, 2023).
The NKO team included Partner Djordje Nikolic and Senior Associate Luka Aleksic.
