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Real Estate Law Firm in Bosnia and Herzegovina

As an investor, asset manager, developer, occupier, contractor or construction consortium your real estate deals and construction projects are executed to tight deadlines within complex local legal systems. If, for example, your projects cross international markets, you face issues based on differing real estate, national and international construction law as well as cultural and economic contexts.

With Austria’s most experienced lawyers in construction contract law and over 450 lawyers in 42 countries, we give consistent legal advice across borders, coordinated from your home market. Whether you are in the construction, retail, residential, hotels, infrastructure, care home, office, logistics, renewable energy or student accommodation sectors, we have the specialists to help.

Through decades of experience of doing deals and construction projects across Europe, our multi-jurisdictional teams adhere to the same templates, processes and standards, including project and claim management. This means we can deploy specialist teams to advise you immediately, irrespective of where the real estate assets are or your project takes place.

If you are launching or operating a real estate fund, if you are developing a construction project or setting up a real estate related joint venture, our real estate and construction experts can give you country-specific support. This approach allows us to guide your tax, planning, debt financing, construction and management issues including all kinds of national and international construction disputes and construction claim management in addition to your traditional real estate portfolio and property management work.


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01/03/2024
Pre-conditions to arbitration and the FIDIC 2nd Edition
Amendments to the FIDIC 2nd Edition contracts published in November 2022 have narrowed the definition of “Dispute” to more closely align it with the pre-conditions to DAAB and arbitration proceedings...
23/02/2024
The CBAM – what is it and how will it affect the market?
Regulation (EU) 2023/956 establishing a carbon border adjustment mechanism (CBAM) entered into force on 17 May 2023. The implementation of the CBAM has been divided into a transitional period (from 1...
31/01/2024
CMS advises Actis on acquisition of telecom tower portfolio from Telekom...
Published on 31 January 2024CMS legal teams in Belgrade, Podgorica and Sarajevo have advised Actis on all Serbian, Montenegrin and Bosnian aspects of the acquisition of a carved-out tower portfolio from Telekom Srbija, one of the leading tele­com­mu­nic­a­tions operators in the CEE region.   The carved-out portfolio comprises approximately 1,800 macro towers, of which approximately 1,000 are located in Serbia, approximately 700 in Bosnia and Herzegovina and approximately 100 in Montenegro. CMS has provided legal advice on the buy-side due diligence, structuring of the carve-outs, negotiation of the transaction documents, transfer of the towers, regulatory matters (merger clearance, telecoms and energy supply regulations), tax matters and financing of the transaction. This landmark transaction marks Actis’ entry into the Western Balkans and reinforces Actis' commitment to the CEE region following previous investments in the energy sector in Romania and Bulgaria in 2022. The CMS team which advised on the transaction was led by partner Marija Tešić (Serbia, Montenegro) and included partners Radivoje Petrikić, Ivan Gazdić and Milica Popović, counsels Marija Marošan and Srđan Janković, senior associates Sandra Miljanić, Ksenija Boreta, Jovana Bingulac, Ksenija Ivetić Marlović, Tamara Zejak and Tamara Samardžija, associates Mila Drljević, Milica Tomić,  Jelena Đorđević, Teodora Vujošević and Jovan Bećirić (all Serbia, Montenegro), partners Indir Osmić and Andrea Zubović-De­vedžić, counsel Sanja Voloder, senior associate Ana Terzić and Zlatan Balta, associates Zlatko Mašović, Stefan Ćosović and Zerina Spahić (all Bosnia and Herzegovina).  
19/01/2024
CBAM: Just over a week to comply
As the deadline for the first Carbon Border Adjustment Mechanism (CBAM) report approaches on January 31st, it is crucial for undertakings engaged in importing relevant goods into the European Union to...
01/11/2023
Delay claims under the FIDIC form: Obrascon challenged
A recent decision of the Court of Appeal of the Dubai International Financial Centre has adopted a stricter interpretation of the requirements for notifying delay claims under the FIDIC form, disagreeing...
11/09/2023
CMS Annual Review of English Construction Law Developments: An International...
We are pleased to announce the publication of the 2023 edition of our internationally focused Annual Review of English Construction Law Developments. Now in its thirteenth year, the Annual Review summarises...
30/08/2023
CBAM Implementing Regulation and Extensive Additional Reporting Guidance...
Earlier this month, the European Commission (“EC”) adopted an Implementing Regulation (“IR”) and released extensive Guidance Documents (“Guidance”) on the practicalities of reporting requirements...
17/07/2023
Resource Nationalism in Battery Metals: Risks and Mitigation
With continued warfare in Ukraine, conflict in Sudan and tensions between the U.S. and China, the state of international relations appears increasingly volatile. This fractious landscape sits abreast...
03/05/2023
Real estate transaction costs and taxes in Bulgaria
1. Due diligence costs for the purchase of real estate 1.1 Municipal search Cost Variable depending on the particular municipality. VAT Nil 1.2 Utility search (each service) Cost N/A VAT Nil 1.3 Land...
04/04/2023
European Commission amends Article 102 TFEU guidance paper and announces...
In 2008, the Commission adopted its Guidance on the Commission`s enforcement priorities in applying Article 82 of the EC Treaty (now Article 102 TFEU) to abusive exclusionary conduct by dominant undertakings...
28/03/2023
European Parliament and Council ready to start negotiations on EU Data...
In February 2022 the European Commission presented its proposal for the EU Data Act, which – if adopted - will introduce a far-reaching legal regime on access to and use of non-personal data in the...
20/03/2023
Out with the old, in with the new? Considerations for patentees in opting...
So far in this series of blog posts, we began with an article that highlighted some of the key changes between the current European system of patent prosecution and enforcement and the new Unitary Patent...