NKO Partners has advised CTP on its fifth acquisition of land in and around Novi Sad – and its second in the Kac industrial zone – intended for the further development of the company's industrial property.
According to the firm, the target land covers an area of almost 10 hectares and was acquired from 16 different individuals and one legal entity.
A year earlier, NKO had also advised CTP on its first acquisition of land in the Kac area (as reported by CEE Legal Matters on July 7, 2022). Subsequently, the firm had also advised on CTP's acquisition of around 20 hectares of land from the City of Novi Sad itself (as reported on August 4, 2022).
The NKO team was led by Senior Associate Luka Aleksic and included Partner Djordje Nikolic.