NKO Partners has advised CTP on its acquisition of 5 hectares of land in Kragujevac from Forma Ideale intended for the expansion of CTPark Kragujevac, a logistics park occupied by Yanfeng Automotive Interiors.
CTP is a developer and manager of customized industrial and logistics parks. Forma Ideale is a furniture producer. Yanfeng is an automotive supplier focusing on interior, exterior, seating, cockpit electronics, and passive safety.
NKO has previously advised CTP on another land acquisition in Kragujevac, in 2020 (as reported by CEE Legal Matters on May 27, 2020).
NKO’s team was led by Partner Djordje Nikolic and Senior Associate Luka Aleksic.