BOJOVIĆ & PARTNERS HAS ADVISED POSEIDON GROUP, A BRITISH PROPERTY INVESTMENT, DEVELOPMENT AND MANAGEMENT COMPANY, ON THE STRUCTURING OF ITS CO-INVESTMENT PARTNERSHIP IN THE RETAIL PARK PROJECT “CAPITOL PARK SOMBOR” WITH MITISKA REIM, ADVISED BY SCHOENHERR.
Capitol Park Sombor will span more than 5,600 sq. m, of which 2,500 sq. m will be occupied by a Lidl supermarket, while the remaining 3,100 sq. m will be divided into ten retail stores. The retail park will provide parking for 250 cars.
The opening is scheduled for autumn 2017.
With a catchment area including neighboring Hungary and Croatia, the retail park will primarily serve the 86,000 residents of the Municipality of Sombor and surrounding Vojvodina towns.
The Bojović & Partners team, which advised on the transaction, was led by Partner Marija Bojovićtogether with Senior Associates Jelena Milačić and Ivan Gazdić.