Atterbury and MPC Properties have secured EUR 225 million to refinance a retail portfolio from Erste Group Bank, Erste Bank Novi Sad, and UniCredit Bank Serbia.
DLA Piper and ZSP Advokati advised the banks on the deal (as reported by CEE Legal Matters on December 17, 2025).
According to DLA Piper, the portfolio comprises three major shopping centers in Belgrade, Usce, BEO, and Mercator, and represents the largest real estate refinancing transaction completed in Serbia to date. The transaction enabled an optimized capital structure for the Serbian special purpose vehicles and their underlying retail assets, and was completed under market conditions reflecting continued investor confidence in the CEE and SEE real estate markets.
Image source: atterbury.eu