BIG CEE and RC Europe have successfully concluded an agreement for the sale and purchase of two retail parks in Serbia – NEST Obrenovac and NEST Kraljevo. With a GLA of 11,000 m2, NEST Obrenovac, and NEST Kraljevo with a GLA of 9,500 m2, both boast a full occupancy rate of 100%.
Our Senior PartnerMiloš Vučković, along with Senior AssociateMarko Ćulafićand AssociateMarina Živanović, advised BIG on due diligence and the rest of the transaction process.
This strategic move aligns with BIG CEE’s commitment to expand investments into various cities across Serbia. Over the next few months, BIG will focus on optimizing and adapting the shopping centres, rebranding them as BIG in the upcoming Spring-Summer season.
Senior Associate and Associate refer to Independent Attorney at Law in cooperation with Karanovic & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.
