Prica & Partners received the "Recommended" Law Firms - Tier 1 ranking in the Legal 500 (2009) rating guide covering Real Estate.

Our dedicated real estate team advises on all aspects of commercial real estate matters from buying, selling and leasing property to joint ventures, investment structures, financing, licensing, property disputes, planning and construction projects. Our clients are diverse - they include developers, private investors, retailers, and other major players in the real estate industry.

With respect to real estate law, zoning and planning law, including expropriation law, construction law and procurement law Prica & Partners offers a broad range of services, such as:   

• Obtaining extract from the urban plan or act on zoning conditions;
• Obtaining proof of ownership of the construction land;
• Obtaining main construction project clearance from, inter alia, the electric energy authority, water and sewerage authority, the labor inspection - department for safety at work, and the traffic authority;
• Obtaining building permit;
• Notifying the municipality about commencement of construction works and payment of applicable taxes;
• Obtaining consent regarding regulations on environmental protection;
• Requesting technical examination of the building from municipality commission and use permit;
• Negotiating with the potential buyer /seller regarding the purchase of real estate on behalf of the client;
• Drafting agreements on sale and purchase and lease of the real estate including construction agreements;
• Registering the building with the land or cadastral register.

The legal services we provide also include introducing clients to the newly enacted laws as well as the laws that are yet expected to come to force (i.e. Draft Law on Denationalization and Construction Land which will regulate the conditions, means and procedure of restitution of or reimbursement for the property, now within the territorial boundaries of the Republic of Serbia, seized from natural and legal persons, without any reasonable reimbursement, and transformed into public / state property after 1 January 1945).

Our office has been involved in advising and representing the following clients:

• IKEA and IKEA Group in numerous due diligence processes regarding potential purchase of several land sites in Serbia;
• Raiffeisen Investment AG, Belgrade in the legal due diligence report regarding sale of the joint stock company Robne kuće "Beograd” in bankruptcy, the largest department store chain in Serbia comprising of over forty large buildings, department stores and land, throughout Serbia and Montenegro;
• Peek & Cloppenburg KG, Germany in the legal due diligence regarding potential acquisition / lease;
• EIX Daurada Investment S.L., Spain in legal due diligence of Hotel Serbia in Vršac;
• Anamet S.A., Greece in a potential purchase and development of an industrial land site;
• Hill Investment Group of Connecticut, U.S.A. regarding purchase of a large office building under construction;
• Sidenor S.A., Greece in a potential purchase and development of an industrial land site;
• Raiffeisen BANK, Austria in leasing the entire newly built premises (twelve floors) for the headquarters of the Raiffeisen in New Belgrade, including drafting of the agreements and negotiations in all stages of the process;
• SPRIDER S.A., Greece in leasing of commercial premises for a retail shop;
• DuPont Group in leasing the newly built office space in the business zone of Belgrade, including drafting of the agreements and negotiations in all stages of the process;
• PM LUCAS Enterprises, Cyprus in leasing of the office space from the Serbian company in bankruptcy;
• Cisco Systems Inc., U.S.A. in a lease of a newly built office space in the business zone of Belgrade;
• Braunsberger Holding GmbH, Austria in a potential purchase of land sites and development of shopping centres;
• BIP a.d., a Serbian brewery company in privatization process in sale of its non-core assets, including a hotel on the coast of Montenegro, a hotel in Zlatibor resort, several industrial facilities and warehouses, and also an industrial site in the city centre of Belgrade;
• Vossloh Cogifer, France, an industrial subsidiary of the Vossloh Group in checking ownership documentation of real estate property; 

Prica & Partners are engaged by the World Bank for participation in Doing Business projects annually, covering chapters relating to licensing requirements and property registration for Serbia.

"The focus of Aleksandar Mancev at Prica & Partners is on assistance with due diligence, negotiations and construction issues facing international corporations and investors looking to make land and property acquisitions in Serbia in a range of sectors from retail to hotel and leisure." -Legal 500 (2010)