MVJ Marković Vukotić Jovković Law Firm
PRACTICE AREAS

Real Estate and Construction in Serbia

We advise international investors, developers, lenders and contractors on real estate and construction matters involving Serbian law.

MVJ regularly acts as Serbian counsel to international law firms on asset-driven transactions, large-scale developments and cross-border real estate projects in Serbia, providing clear, execution-focused advice aligned with international transaction standards, development timelines and closing requirements. We support clients from acquisition and development through construction, operation and exit.

Our work includes real estate acquisitions and disposals, development structuring, land use, zoning and permitting, construction contracts, FIDIC-based arrangements, public infrastructure, leasing, asset management and project implementation.

Our real estate and construction practice is ranked by The Legal 500 in Real Estate and Construction, with partners ranked by Chambers Europe in Corporate/Commercial: Real Estate.

Selected experience

IKEA Group

EUR 60 million development and operation of the IKEA store and AVA Shopping Park in Belgrade, including project structuring, permitting, public infrastructure and construction arrangements.

Victory Gardens / Kadena Properties

Development of a 210,000 m² mixed-use complex in Belgrade, including project development, sales structuring and the disposal of residential units.

BIG CEE

Acquisition of properties and development of retail parks across Serbia, including site acquisition, development structuring and leasing arrangements.

Vantolia Holdings

Acquisition of Blue Center, a Class A business centre in Belgrade of approximately 50,000 m² GLA, including Serbian law due diligence, ownership review and lease analysis.

Services

Real Estate Acquisitions and Disposals
Development Structuring
Land Use and Title Due Diligence
Zoning and Permitting
Construction Contracts
FIDIC-Based Contracts
Public Infrastructure Arrangements
Leasing of Retail and Commercial Premises
Asset Management
Real Estate Finance Support
Cross-Border Real Estate Transactions
Real Estate Regulatory Matters