NLB Komercijalna banka Finances Elleven Office Building in Novi Sad
Deal News | May 05, 2025 | CEE Legal Matters

ZSP Advokati has played a crucial role in advising NLB Komercijalna banka on the financing of the Elleven Office Building in Novi Sad, Serbia. This project is remarkable as it represents the city's first A-class office building equipped with smart systems and earning the prestigious LEED Platinum certification, signaling a commitment to sustainability. The planned office space spans 22,000 square meters, rendering it a significant development in the region. The advisory team from ZSP comprised Partner Jelisaveta Stanisic and Senior Associate Tijana Trivunovic. However, additional details about the deal remain undisclosed.
Sectors
- Real Estate
- Financial Services
- Legal Services
- Renewable Energy & Sustainability
Geography
- Serbia – The Elleven Office Building project, the main subject of the article, is located in Novi Sad, Serbia.
Industry
- Real Estate – The article discusses the financing of a new office building, which directly relates to real estate development.
- Financial Services – The involvement of NLB Komercijalna banka in funding the office development classifies the financial services sector as relevant to the article.
- Legal Services – Legal advisory services were provided by ZSP Advokati for the financing deal, highlighting the role of legal services.
- Renewable Energy & Sustainability – With the Elleven Office Building designed as a LEED Platinum certified facility, the project emphasizes sustainability and environmentally conscious development.
Financials
- Unknown – The financial details regarding the deal or the size of the investment by NLB Komercijalna banka for the project are not disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
NLB Komercijalna banka | Financier | Company | NLB Komercijalna banka provided the necessary financing for the Elleven Office Building project. |
Elleven Office Building | Project | Company | A forthcoming A-class office building in Novi Sad that will feature sustainable design and smart systems. |
ZSP Advokati | Legal Advisor | Company | Provided legal advisory services to NLB Komercijalna banka for the financing of the Elleven Office Building. |
Jelisaveta Stanisic | Partner | Person | A partner at ZSP Advokati involved in the legal advisory for the financing deal. |
Tijana Trivunovic | Senior Associate | Person | A senior associate at ZSP Advokati contributing to the legal advisory team on this project. |