Recent work highlights

Planning and environmental

  • Advised GFA and city of Pirot on PPP and public procurement regarding ESCO project – replacement of street lighting.
  • Advised the EBRD on the first street lighting PPP projects in the city of Belgrade and the city of Novi Sad, expected to result in a significant improvement in the cities’ overall energy efficiency.
  • Advised Fintel Energia SPA/MK Fintel Wind in relation to three wind farm projects in Serbia covering all standard and major legal aspects of the projects

Construction and development

  • Advised a German company BMTS Technology regarding future lease of CTP’s facility to be developed in Serbia.
  • Advised a London based investment company Poseidon Group on sale of a land plot to a company holding a Shell license, Coral SRB, for development and operation of the Shell gas station in Belgrade.
  • Advised a leading developer of components for car interiors, process consulting and electronic systems - Fischerwerke, in setting up brownfield production facility.

Investment and disposal

  • Advised the sell-side, Britain’s Poseidon Group and Belgium’s Mitiska REIM, on the divestment of Capitol Park Rakovica, the largest retail park in Belgrade, to Israel’s BIG CEE Group.
  • Advised Rafako on investment agreement and accession to Serbian SPV, for development of Thermal Power Plant in Kovin.
  • Advised a German company, Teletrader, on acquisition of apartments for turist accommodation, drafting SPA, tax issues, etc.

Managers and occupiers

  • Represented a tenant - Toyota Financial Services and Faxi, regarding lease in Nis (Serbia).
  • Advised Ametek Inc. in the course of complex transactions relating to the construction and lease agreements for several production halls, as well as the sale and purchase of real estate.
  • Advised AmRest in relation to the lease negotiations in Serbia (tenant side), as well as on the construction of real estate properties in several locations in Belgrade.


  • Acted for OTP Group: financing of two projects within Lustica Bay marina town in Montenegro: The Chedi Hotel, and Marina.
  • Advised Banca Intesa on financing of development of Delta Planet Niš shopping mall. The project is worth €80m.
  • Advised European Investment Bank on regulatory framework and license overview (construction/engineering local licenses).
  • Advised the EBRD and the IFC on the refinancing of Delta mall acquisitions in Serbia, Montenegro and Macedonia.
  • Advised UniCredit Group on the facility agreements (€60m+) and security documents for financing of the development of Airport City Belgrade, the largest office park in Serbia, and refinancing of the existing loans.


Facts & Figures

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Located in Belgrade

4 real estate lawyers

Languages: Serbian, Bosnian,
Montenegrin, English, German,
Russian, Italian and French

Key contacts

Marija Marošan
Marija Marošan
T +381 11 3208942
Ivan Gazdic
Ivan Gazdic
T +381 11 3208900