According to the firm, the newly acquired land, covering an area slightly above 13 hectares, will be utilized for the further development of CTP's A-class industrial and commercial facilities. 

Earlier this year NKO Partners advised CTP on a 22-hectare plot purchase in Sombor (as reported by CEE Legal Matters on May 2, 2024). In 2023, NKO Partners advised CTP on its fifth acquisition of land in and around Novi Sad (as reported by CEE Legal Matters on July 31, 2023). In 2022, NKO advised CTP on its first acquisition of land in the Kac area (as reported by CEE Legal Matters on July 7, 2022) as well as on its acquisition of around 20 hectares of land from the City of Novi Sad itself (as reported on August 4, 2022).

The NKO team was led by Partner Djordje Nikolic and Senior Associate Luka Aleksic.