
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.
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.’
‘Ana Luković - strong dedication to client service, and she is proactive and attentive to detail. Clients appreciate her resourcefulness and efficiency.’
‘Ana Luković is always available, even on short notice. Ana is able to simplify legal issues and explain them to people who are unfamiliar with Serbian law.’
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

Practice head
The lawyer(s) leading their teams.
Miloš Vučković, Ana Luković