Schoenherr Advises Banca Intesa Beograd on Big Fashion Park Project Financing

Schoenherr Advises Banca Intesa Beograd on Big Fashion Park Project Financing

Serbia
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Schoenherr has advised Banca Intesa Beograd on providing EUR 26 million loans to Israeli Big Group company Minel Kotlogradnja Real Estate.

According to Schoenherr, "the loans will be used to refinance the development of a modern retail park Big Fashion Park and to finance the first phase of the residential project Big Fashion Residences. Both projects form part of a unique multifunctional concept combining a retail park, a residential area – developed on the retail park's rooftop, and a business zone, located next to the Belgrade riverside."

Intesa Sanpaolo company Banca Intesa Beograd is a bank operating in Serbia.

The Schoenherr team was led by Attorney-at-Law Jelena Arsic and Associate Marko Kostic.