CTP Expands in Serbia with Land Acquisition in Nis
Deal News | Apr 15, 2025 | CEE Legal Matters
NKO Partners, a law firm specializing in commercial deals and M&A, recently advised CTP on acquiring a land site in Nis, Serbia. CTP purchased the site from Malford Beograd, a subsidiary of Eurosalon, with sole practitioner Goran Radovac advising the seller. The site comprises nearly six hectares located in a prime industrial zone. CTP plans to expand its industrial and commercial operations by developing over 40,000 square meters of space on the property. NKO Partners played a pivotal role in this transaction with involvement from Partner Djordje Nikolic, Senior Associate Luka Aleksic, and Associate Nikola Obradovic.
Sectors
- Real Estate Development
- Legal Advisory Services
Geography
- Serbia – The acquisition and planned development are occurring in Nis, Serbia, making it a primary focus of the article.
Industry
- Real Estate Development – The article discusses the acquisition of land for the development of industrial and commercial space, a key aspect of real estate development.
- Legal Advisory Services – NKO Partners and legal advisor Goran Radovac's involvement in facilitating the transaction highlights the role of legal advisory services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CTP | Target Company | Company | CTP is expanding its industrial and commercial operations in Nis, Serbia. |
| NKO Partners | Legal Advisor | Company | Advised CTP on the acquisition of the land site in Nis. |
| Malford Beograd | Selling Company | Company | Subsidiary of Eurosalon, sold the land site to CTP. |
| Eurosalon | Parent Company | Company | Parent company of Malford Beograd, which sold the land in the transaction. |
| Goran Radovac | Legal Advisor to Seller | Person | Sole practitioner advising the seller, Malford Beograd. |
| Djordje Nikolic | Partner at NKO Partners | Person | Partner involved in advising CTP on the acquisition. |
| Luka Aleksic | Senior Associate at NKO Partners | Person | Senior Associate involved in advising CTP on the acquisition. |
| Nikola Obradovic | Associate at NKO Partners | Person | Associate involved in advising CTP on the acquisition. |