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Closing: BIG CEE's Acquisition of Promenada Novi Sad from NE Property Now Closed

Serbia
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In October 2024, Karanovic & Partners announced that BIG CEE's acquisition of Promenada Novi Sad from NE Property (as reported by CEE Legal Matters on July 15, 2024) has now closed.

According to Karanovic & Partners, the deal is worth approximately EUR 177 million.

As previously reported, Karanovic & Partners has advised BIG CEE on its acquisition of Promenada Novi Sad from NE Property. LEF Attorneys advised NE Property.

The Karanovic & Partners team included Senior Partner Milos Vuckovic, Partners Bojan Vuckovic, Bojana Miljanovic Hussey, Katarina Guduric, and Ana Lukovic, and Senior Associates Marko Culafic, Milorad Gajic, and Nikola Siljegovic, Associate Marina Zivanovic, and Junior Associate Pavle Vucetic.

The LEF team included Attorneys at Law Ivan Pantovic and Dijana Grujic.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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