Real Estate

Real Estate

Dragoljub Cibulić
Senior Partner (Real Estate)
Phone: +381 11 3284 212
E-Mail: Dragoljub.Cibulic@bdkadvokati.com

Milan Dakić
Partner (Construction)
Phone: +381 11 3284 212
E-Mail: Milan.Dakic@bdkadvokati.com

Our extensive knowledge of the regional real estate market and experience of our team allow us to successfully aid clients when planning, structuring and financing their real estate project, negotiating transactional documentation, managing the entire project cycle, arranging for successful exists and effectively protecting their rights and interests in case of disputes.

Key areas of expertise:

  • Project Structuring: Advising on setting up the most appropriate project structure. Incorporation of project vehicles with adequate management organization.
  • Zoning and planning: Assessing the existing planning documents. Advising on the procedure for adoption of a new planning  document and assisting the investor throughout the process. Working in tandem with technical consultants ensuring the appropriate planning basis for the project. Advising on the necessity of environmental assessment. Negotiating the agreements on land development fee and the agreements on development of municipal infrastructure.
  • Real Estate Acquisition: Real estate title due diligence. In-depth target legal due diligence in case of share deals. Advising on all aspects of a prospective investment. Negotiating transaction documents and executing the transaction.
  • Leasing: Setting-up standard lease documents for commercial landlords. Negotiating heads of terms, lease agreements and supporting lease documentation. Advising on risks related to early termination, fit-out works, rent review process, maintenance and repair obligations etc.
  • Real Estate Finance: Negotiating term sheets, facility agreements and security documents. Perfecting the security package. Advising lenders and borrowers throughout the lending process.
  • Real Estate Joint Ventures: Advising on structuring real estate joint ventures. Analysing associated corporate, tax and financing issues. Negotiating joint venture agreements, shareholder agreements, and other associated documents.
  • Property Management: Advising commercial landlords on day-to-day legal issues arising from managing a real estate portfolio.
  • Real Estate Disputes: Advising on construction disputes between contractor and developer, lease terminations, evictions, lease and service charge claims. Advising on property transaction disputes.
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‘The most reliable team for complex real estate transactions in Serbia. It stands out for its availability, responsiveness, and outstanding expertise in construction contracts and arbitration.’

‘Commercial sense and ability to adapt advice to changing circumstances.’

‘The team looks at things broadly and from all angles, and its advice is always complete, useful, precise and to the point.’

‘The firm stands out for its availability, responsiveness, and outstanding expertise in construction contracts and arbitration involving FIDIC-based and Design & Build contracts.’

LEGAL 500 EMEA 2023 (SERBIA)
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