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Harrisons and Karanovic & Partners Advise on EBRD's EUR 27.6 Million Loan to District Center and PKS-LATEX-HLC

Harrisons and Karanovic & Partners Advise on EBRD's EUR 27.6 Million Loan to District Center and PKS-LATEX-HLC

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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.

Serbia Knowledge Partner

Committed to redefining a law firm's role in an emerging regional market, Gecić Law is a full-service law firm that advises international and local clients from the public and private sectors in navigating the complex legal landscape of the region across multiple practice areas. Members of the Gecić Law team have graduated from leading universities in the US and Europe. They have extensive local and international experience, with a particular focus on EU regulatory frameworks and international trade and a proven track record in providing innovative and practical solutions in the most complex of matters.

Gecić Law is an exclusive member of two leading global alliances, TerraLex and TAGLaw, extending its international footprint. The firm and its lawyers have continuously been recognized in several practice areas by elite global directories, including The Legal 500, Chambers and Partners and Benchmark Litigation. Gecić Law was named Law Firm of the Year: South Eastern Europe 2021 and Law Firm of the Year: Eastern Europe and the Balkans 2020 at The Lawyer European Awards and was repeatedly nominated in other practice areas.

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