Under Serbian law, acquisition of title to real estate is traditionally based on a valid legal ground and registration as the decisive act of acquisition. Registration therefore has constitutional relevance, producing erga omnes effects and enabling reliance by third parties.
The transaction involved the divestment of the existing retail asset together with a framework enabling the planned construction of a new, purpose-built development on the underlying land plot.
The property comprises a land plot and a 4,694-square-metre building currently configured with 59 guest rooms and five reception halls. It is a nationally protected heritage monument.
The Sky Park shopping center is one of Vinnytsia’s most prominent retail destinations, comprising approximately 30,000 square meters of space and hosting more than 150 Ukrainian and international tenants.
“Returning to Nove is a great opportunity for me to focus on the fields of law where I am strongest: property law and real estate, contracts, and corporate law,” Volens added.
Under the agreement, the co-funders will jointly provide debt financing to selected subsidiaries of Technical Olympic, establishing a total funding capacity of up to EUR 250 million over the next three years.
Vastint has announced new tenants in the first phase of its Waterfront development in Gdynia, including DP World, Scale Aquaculture Poland, Martico Poland, APA Wojciechowski Architekci, and Kancelaria Grela.
Panattoni has announced that a fourth building with an area of 13,000 square meters is now under development as the final stage of its Swietokrzyskie investment in Kielce.
According to Hillwood, both fully leased assets, now operating under the names Hillwood Wroclaw City I and Hillwood Wroclaw City II, add nearly 100,000 square meters to the company’s portfolio, which now exceeds 2.1 million square meters.
Mitiska REIM acquired Europa Centralna on behalf of the MEREP 3 fund, alongside a co-investment from EBRD, and last year agreed the sale of a 6.6-hectare land plot to Momentum Leisure.
Panattoni Park Warsaw North II was developed by Panattoni and was jointly managed by Griffin Capital Partners and Blue Assets. The property was financed by Erste.
CTP has signed a lease agreement with global consumer goods company Procter & Gamble for a new 37,000-square-meter logistics and production facility at CTPark Prague North.
TriGranit has signed a lease agreement with the Enel-Med medical center for an additional 2,500 square meters of space at Signum Work Station in Warsaw.
Oxygen Park is an office complex located on Aleje Jerozolimskie within Warsaw’s business district (Jutrzenki 137A). The project comprises two six-storey buildings offering over 18,000 square meters of leasable space.
The transaction covers a portfolio comprising eight retail parks and four single-tenant retail assets located in regional cities across Hungary, with a combined gross leasable area of approximately 45,000 square meters.
Proceeds from the transaction will be used to finance new development projects and to fund a share buyback, allowing interested shareholders to realize their investment while supporting the company's next phase of growth.
Proceeds of the loan will be used for the development of the Intercontinental Hotel and an office space building as part of the Delta District Project real estate development in Belgrade.
