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RAIFFEISEN PENSION FUNDS ACQUIRED CITY CENTER ONE SPLIT

Congratulations to our Client Raiffeisen Pension Funds on their successful acquisition of a strategic ownership stake in renowned shopping mall City Center one Split!

The entry of Raiffeisen Pension Funds confirms the exceptional value of an asset managed by CC Real since its inception, but also it marks the first investment by Raiffeisen Pension Funds into the commercial real estate segment following the 2024 legislative liberalization.

Over the past 15 years, CC Real has significantly enhanced the center’s market position and operational results, ensuring the long-term, stable and predictable cash flows that institutional investors seek.

Notably, City Center one Split is the first shopping mall in Croatia aligned with the EU Taxonomy and holds the prestigious DGNB Gold certification. This commitment to sustainability and climate resilience not only minimizes environmental risks but also drives down operational costs and bolsters market value.

Šavorić & Partners is proud to have advised and supported Raiffeisen Pension Funds throughout the entire transaction process. The team was led by Partner Nina Radić Kuzik and Partner Nives Nola.