Bojović & Partners Advises Poseidon Group on Co-Investment Partnership in Capitol Park Sombor with Mitiska REIM

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 Bojović together with Senior Associates Jelena Milačić and Ivan Gazdić.