
Karanovic & Partners o.a.d.' ‘real estate and construction team excels in handling complex and sophisticated matters’. The practice acts for major real estate developers, construction contractors, blue-chip retailers, and mezzanine and senior lenders on significant real estate transactions (including real estate project finance) property management, lease drafting and construction documents. Current managing partner Miloš Vučković is a highly-rated renewables and mining specialist; and the ’always available’ Ana Luković is an expert in transactions involving real estate and leasing, as well as construction (including FIDIC matters). Milorad Gajić departed the firm in December 2024.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The real estate and construction team excels in handling complex and sophisticated matters.’
‘Their expertise in real estate law, combined with their strategic approach, ensures that even the most intricate issues are resolved effectively and efficiently.’
- ‘Everyone on the team is very bright, and up to date with the current legal landscape and rapid changes in the market.’
- ‘The team has both seasoned professionals with experience and younger lawyers with fresh energy, who all work together very well.’
- ‘The service levels and responsiveness of the firm are exceptional.’
- ‘They are always available and ready to help.’
Key clients
- Epic Games
- JetBrains
- Africa Israel Group
- Inditex
- Bechtel International
- Stellantis
- IKEA
- BIG CEE
- Takenaka Europe
- DS Smith
- Impresa Pizzarotti & C
Work highlights
Advising Impresa Pizzarotti & C on the construction of St. Regis Kula Belgrade, a 42-floor, mixed-use skyscraper currently under construction in Belgrade.
Advising BIG CEE on several real estate acquisitions in the region.
Advising IKEA on property restructuring in Serbia, and several transactions including various new locations throughout Serbia.
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