CTP acquired a plot of land in Nis, Serbia, from Eurosalon subsidiary Malford Beograd.
According to the NKO Partners law firm, which advised CTP on the deal, the site “spans nearly six hectares and is situated in a prime industrial zone. CTP plans to develop over 40,000 square meters of industrial and commercial space on this site as part of its ongoing expansion of operations in Nis.”
Serbian sole practitioner Goran Radovac advised the seller on the deal.
CEE Real Estate Matters is an online and eZine format publication dedicated to the fast-moving real estate markets in Central and Eastern Europe. Our diligent team of journalists works tirelessly to bring about news and analysis in five key areas: residential, office, retail, logistics and proptech. We guide real estate professionals through the complexities of these sectors, from stand-out development projects and deals, to financing, legislation and big executive moves.
Our mission is, simply, to be the go-to source of information about real estate markets in Central and Eastern Europe.
