Karanovic & Partners o.a.d.'s real estate team is recognised for its regional reach and capacity to handle large, multi-jurisdictional developments across Southeast Europe. The practice advises on major sales, acquisitions and development projects, with notable strength in construction structuring, FIDIC documentation and complex permitting issues. Co-heads Miloš Vučković and Ana Luković lead a group active on high-profile hospitality, retail, industrial and infrastructure mandates, including significant hotel, factory and mixed-use developments.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Ana Luković properly advises and gives solutions.'
- 'All the people, from junior to partner level, clearly know what they are doing. They analyse issues from different perspectives, respond within a reasonable time, and arrange immediate meetings when necessary.'
- 'Karanovic & Partners o.a.d team stands out for its deep understanding of local and international regulations and a strong business-oriented mindset. They proactively identify risks and optimise processes, with accuracy, fast turnaround and clear documentation.'
- 'We would like to emphasise our satisfaction with attorney Ana Luković, whose experience and swift, solution-oriented thinking overcame all legal obstacles and ensured the transaction was completed within a very short timeframe.'
- 'Strong regional firm with both local and international expertise. They provide solid commercial advice and are useful when mediating between contrasting parties in a challenging marketplace.'
- 'We recently had the firm help with a difficult lease renewal. Nikola Šiljegović’s attention to detail, communication and availability, even when on leave, were very valuable and appreciated.
Key clients
- Epic Games
- Halkbank
- Hellenic Petroleum Group
- Africa Israel Group
- Inditex
- Bechtel International
- Stellantis (ex- Fiat Chrysler Automobiles)
- BIG CEE
- Soplast Moura Moutinho & Morais
- Next Silicon Ltd
- NIMBLE SOFTWARE SYSTEMS INC.
- Iconic
Work highlights
Advised Halkbank on the purchase of the Holiday Inn Hotel in New Belgrade.
Advised Stellantis on two 2024 transactions: the sale of land in Kragujevac to CTP and the Republic of Serbia within the FAS Free Trade Zone, planned for industrial and manufacturing development, as well as providing ongoing legal support on real estate matters including factory facilities, zoning issues, property restructuring, and transaction planning.
Advising Impresa Pizzarotti & C. S.p.A., in relation to construction of St. Regis Kula Belgrade, which is a 42-floor mixed-use skyscraper currently under construction in Belgrade.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Miloš Vučković; Ana Luković
Other key lawyers
Nikola Šiljegović