NKO Partners has advised Emmezeta on its acquisition of Novi Sad real estate from Delhaize. Petrikic & Partneri in cooperation with CMS advised the seller.
According to NKO Partners, "the transaction is structured after a leaseback model, whereby Delhaize would manage and operate a part of the facilities which are to be reconstructed, while Emmezeta would use the remainder of the site for its retail operations."
Emmezeta is a furnishings, household appliances, and home decor retailer with multiple stores in Croatia in Serbia.
Belgian retail store company Delhaize operates supermarket chains in eight countries, including Serbia, Romania, and Greece. It is listed on Euronext Belgium.
The CMS team was led by Partner Ivan Gazdic.