Partners: USA-Serbia 2020

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CORPORATE

ĐORĐE ĐOKIĆ, PARTNER, VUJINOVIĆ & ĐOKIĆ LAW OFFICE

Be Adaptable The Vujinović & Đokić Law office has rich experience in the field of business law, representing and consulting for the largest domestic and foreign corporate and financial businesses, while it recently also received great acknowledgment for its work

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iscussing the situation on the real estate market, lawyer and partner Đorđe Đokić believes that further development will be dependent on many conditions. He considers that investors who are able to sense the needs of the market could create good business opportunities even under these circumstances.

the business environment is constantly changing its form, which we’ve been reminded of by the COVID-19 Pandemic, it is clear that easy and quick adaptability to circumstances is essential. As such, our task is to recognize the client’s business philosophy, and thus support them in achieving results.

the clear position of the state that the epidemiological situation must not result in work stopping on construction sites was certainly an excellent signal to investors. On the other hand, fear exists among investors regarding the future development of demand, and investments are undeniably slower and more cautious.

Your team has rich experience when How important is it in your work to it comes to advising foreign and do- You recently received a major acknowladapt to the individual and specific mestic investors conducting transac- edgment. Did that surprise you, given needs of each client? tions linked to real estate. How do that the moment and the atmosphere - Adapting to clients and their business you assess the current situation on aren’t ideal for financial arrangements system is no longer an advantage, but this market? and projects? rather absolutely essential - We are proud of the fact if the goal is to provide highthat renowned international The turnover of housing properties has quality services. Globalization, legal directory IFLR 1000 proven to be more resilient to the crisis, which has created a drastic ranked our office among but current prices are unsustainable over increase in supply and an inSerbia’s leading law firms the longer period in the fields of financial and creasingly complex business corporate law. This shows that environment, has led to successful companies today being the ones - At this juncture, the real estate market a well-planned business strategy that’s that have found a unique and original can be assessed as being relatively adaptable to changing conditions can approach. After business models that calm, but uncertain. The turnover of convert any circumstance into an ideal were for decades based on traditional housing properties has proven to be one. This acknowledgment, which we principles, modern business has set more resilient to the crisis, but current received as a relatively young office, creativity and courage as values that prices are evaluated as being unsus- confirms that our principles and values are highly rated. tainable over the longer period. When have been set well, and it will certainly When you add to this the fact that it comes to large investment projects, motivate our further work.

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