DTB advised M7 Real Estate in Croatian Acquisitions

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DTB advised the Croatian subsidiary of M7 Real Estate, a leading specialist in pan-European, regional, multi-tenanted commercial real estate and part of the M7 Investment Group of companies managing properties with a value around €4.0 billion, with respect to the acquisition of two modern urban logistics assets in Zagreb on behalf of the CEREF II fund. Both properties are located in Slavonska Avenue, one of Zagreb’s main arterial roads, and comprise a total of c. 14,000 sq m GLA and c. 8,000 sq m GLA, respectively.

DTB’s banking and finance team led by partner Ms. Martina Kalamiza supported by associates Marta Hren and Lorena Mičik, advised the client with respect to the financing matters.

Commenting the transaction, Ms. Mirta Ceranac Poljak, Managing Director, Croatia at M7 Real Estate remarked: “Given the challenging market environment due to the pandemic, we are very pleased to have concluded these transactions quickly and efficiently.”