Firms To Watch: Real estate and construction

The real estate team at Arsov Natchev Ganeva advises on the acquisition, financing and development of properties throughout Bulgaria and furthermore provides legal advice to its clients during construction projects.
Dobrev & Lyutskanov are well versed in the entire implementation process of real estate investment projects, from initial due diligence through to the sale and purchase agreements.
Georgiev & Kolev Law Offices advises on real estate transactions, lease agreements and construction projects, including the acquisition and development of large retail parks and malls across Bulgaria.
Kolev, Angelov & Miteva Law Firm covers a broad spectrum of real estate matters, from the acquisition of land plots and properties to zoning and permitting issues, leases and related real estate tax matters.

Real estate and construction in Bulgaria

Andonov & Radinska Law Firm

Banks and equity funds, investors and international retailers turn to Andonov & Radinska Law Firm for its ‘unmatched’ real estate and construction expertise. The firm offers comprehensive support on the full lifecycle of construction projects, starting from transaction preparation, due diligence reports, and acquisitions of property or land through to the development of and finally exiting the project. Hristo Andonov and Diliana Radinska have experience of acting on major Bulgarian real estate projects and investments and are therefore well placed to lead the practice.

Praxisleiter:

Hristo Andonov; Diliana Radinska


Referenzen

‘The team has in-depth real estate experience. The practice is unmatched and has 15 years’ experience specialising in shopping malls legal consultancy and legal case studies.’

Kernmandanten

Mall Plovdiv


Scania


Global City Holdings


Cineworld


Avestus Capital Partners


Delta Planet Mall


JYSK


Paradise Center Sofia


Serdika Center Sofia


NEPI Rockcastle


John Cotton Group


Apleona HSG


Retail Park Sliven


Highlight-Mandate


  • Advised a German international discount retail chain in respect of the acquisition of land plots in all regions of Bulgaria for the construction and operation of supermarkets with roof-based solar power plants.
  • Advised JYSK in respect of the operations of its logistics and distribution centre in Sofia.
  • Advised New Europe Property Investments Rockcastle in respect of new leases and the renewal of its existing commercial leases and property management services portfolio.

Boyanov & Co.

Boyanov & Co. stands out for its extensive experience of advising on major projects in the real estate and construction sector, where the team follows a multidisciplinary approach to cover all M&A, energy regulatory, financing and real estate aspects of the projects. Among the firm's impressive work highlights are advising on the acquisitions of shopping malls, the construction of large hotels, the acquisition and financing of office buildings, the construction of renewable energy projects and the development of residential property on greenfield areas. The team is led by property lawyer Nickolay Nickolov, who is well versed in the construction of renewable energy projects, lease agreements, ownership issues and acquisitions, and is supported on projects by Svetlana Tzvetkova.

Praxisleiter:

Nickolay Nickolov


Weitere Kernanwälte:

Svetlana Tzvetkova


Referenzen

‘The team is very well organised, diligent and professional. Their advice is always helpful and well thought through.’

Kernmandanten

Actis Eastern Europe Energy S.a.r.l. (part of Actis group)


FHL Kiriakidis group


Golf Okol AD (part of Markan Holding)


PCI Pharma Support


Cleves EOOD


Silver Star Motors


Ideal Standard – Vidima AD


DSK Bank AD


Mondelez Europe Services GmbH


Jacobs Douwe Egberts OPS BG EOOD


Schreiber foods


Highlight-Mandate


  • Advised Actis Eastern Europe Energy S.a.r.l. on the acquisition of a Bulgarian company developing a PV project with a capacity AC of 199 MW.
  • Advised DSK Bank AD on the funding of EUR 88 million for the construction of a solar park in Bulgaria.
  • Advising Golf Okol on the “Okol Lake Park” project, which includes residential, office and retail buildings, a school, a hospital, a 5* hotel and restaurants.

CMS

Logistics, retail, construction and materials, energy and insurance are among the industries in which the extensive client base of the CMS real estate and construction team is active. The mandates handled by the team cover a broad spectrum, including the financing of retail, commercial, industrial, residential and leisure facilities, real estate transactions, due diligence reviews, the preparation of construction agreements and related disputes; it is frequently engaged on cross-border matters owing to the firm's global set up. Dispute resolution, public procurement and real estate expert Antonia Kehayova co-heads the practice alongside Jenia Dimitrova, who clients regard as ‘one of the best real estate lawyers in Sofia’.

Praxisleiter:

Jenia Dimitrova; Antonia Kehayova


Weitere Kernanwälte:

Vaska Solakova


Referenzen

‘They are highly specialised in real estate, not aggressive in their approach and have team members with different skillsets that complement each other.’

‘Jenia Dimitrova is one of the best real estate lawyers in Sofia. She has extensive experience and has advised on some of the largest transactions in the country within different segments – office, retail, industrial and others. She is very skilled in providing relevant and persuasive arguments.’

‘CMS have been extremely helpful. The team have provided timely and commercially minded advice. I highly recommend them.’

Kernmandanten

CTP


EKO Bulgaria


Cordeel Bulgaria EAD


Trans Vision


UniCredit S.p.A.


Highlight-Mandate


  • Advised CTP on the acquisition of land and of over 10 logistics buildings located in two locations in Sofia.
  • Assisted on the sale of EKO Bulgaria’s real estate assets in Sofia and Varna and assisted with the expansion of EKO’s gas station network.
  • Advising UniCredit Italy on the full amendment and restatement of the real estate financing agreement for a shopping centre in Sofia.

Dimitrov, Petrov & Co

Transactional work is at the heart of the Dimitrov, Petrov & Co real estate and construction practice, which assists major international and local clients with all stages of the process, including the initial research, due diligence, negotiations and preparation of legal documentation and the resulting tax implications of the transaction. In addition to this, the team is frequently instructed to advise on the structuring of joint ventures, the development, planning, investment and financing of real estate projects, and the drafting of leasing and maintenance agreements. Boyana Milcheva, who is considered ‘one of the most respected real estate lawyers in the country’, leads the practice alongside Alexander Todorov, who has extensive experience in real estate-related transactions and disputes. Pavlina Ivanova is another key lawyer in the team who primarily focuses on real estate and foreign investment matters.

Praxisleiter:

Boyana Milcheva; Alexander Todorov


Weitere Kernanwälte:

Pavlina Ivanova; Nikolay Kolev


Referenzen

‘A law firm’s strengths are often a combination of its people, practices, reputation, and values. DPC has it all. The team is extremely capable, diverse and dedicated to the client’s success. With them I know that I will receive an exceptional legal service.’

‘The real estate team of DPC is capable, knowledgeable and trustworthy. Their open and transparent communication style was invaluable, as it allowed me to feel involved and informed at every stage of our joint work.’

‘If you’re looking for a lawyer who will tirelessly fight for you and will provide unwavering support, Boyana Milcheva is the attorney you can trust. Boyana shows remarkable depth of knowledge and expertise in construction and real estate. Pavlina Ivanova and Nikolay Kolev from the team are also very dedicated, leaving no stone unturned in their pursuit of a favourable outcome. Their attention to detail and meticulous research were evident in every document they prepared.’

Kernmandanten

ABDS Invest


European Wind Farms Bulgaria ApS


Targovska companya


J Investment


Medika 2012


Sliven Eparchy (part of the Bulgarian Orthodox Church)


Mareshki Nedvizhimi Imoti


Orbiko Bulgaria


Varna View Residence


Securax


Pepkor Europe GmbH


Pilco EOOD


Lucid Link


Man-at-work


Highlight-Mandate


  • Advised ABDS Invest on the development of two solar power plants of 5 MW each.
  • Advising European Wind Farms Bulgaria ApS regarding the development of a solar power plant.
  • Advised Targovska companya on the acquisition of grain storage.

Djingov, Gouginski, Kyutchukov & Velichkov

Djingov, Gouginski, Kyutchukov & Velichkov leverages the expertise of its multidisciplinary team to offer a comprehensive legal service to its real estate and construction clients, including but not limited to advice on acquisitions, investment in greenfield developments, zoning and environmental issues, insurance matters and real estate litigation. The firm’s client roster includes foreign and domestic contractors and investors who operate in the retail, hospitality, energy and infrastructure sectors. Founding partner Stephan Kyutchukov has extensive experience in high-value real estate projects, as does fellow practice head Kaloyan Krumov, who advises commercial and real estate property developers on greenfield and brownfield projects. Maya Mircheva is also a key contact in the practice.

Praxisleiter:

Stephan Kyutchukov; Kaloyan Krumov


Weitere Kernanwälte:

Maya Mircheva; Nikolina Stefanova


Referenzen

‘DGKV is a highly distinguished and reputable law firm in Bulgaria, with a wide range of fields of expertise in which they work. Their big advantage is the individual approach to each client’s needs and they are very quick in finding the proper solution to any given legal matter.’

‘The legal team from DGKV that we work with stands out for its exceptional professionalism, wide range of skills and precise approach in handling complicated legal matters, as well as finding fast and accurate solutions.’

‘Djingov, Gouginski, Kyutchukov & Velichkov stands out due to its exceptional combination of expertise, professionalism, and a client-centric approach. The team possesses deep knowledge of the real estate and construction sector, including a strong grasp of local laws and market dynamics. Our experience with Djingov, Gouginski, Kyutchukov & Velichkov has been exceptionally positive. Their unique blend of expertise, client-centricity, and innovation sets them apart in the real estate and construction legal landscape.’

Kernmandanten

SOF Connect


Grand Hotel Bulgaria 2016 AD


NEPI Investment Management SRL


Omniva LLC


LEM International SA


Acibadem City Clinic EAD


AP Capital AD


AVANTech, Inc


Oman Investment Authority


European Parliament, Luxembourg


Woodward Bulgaria EOOD


Mango (Punto Fa S.L.)


Hercesa Bulgaria EOOD


Dell Emerging Markets


Deutsche Lufthansa AG


Foundever Bulgaria EOOD


Provitech Solutions ЕООD


Highlight-Mandate


  • Advised SOF Connect on drafting several agreements on the FIDIC terms for the expansion of the open parking area of Sofia Airport and the refurbishment of the existing covered parking.
  • Advised AVANTech, Inc. on a contractor’s claim under the engineering and construction agreement for a project regarding the treatment of radioactive wet solid waste for the State Enterprise Radioactive Waste Kozloduy Nuclear Power Plant.
  • Advised AP Capital AD on a series of acquisitions of 5 residential real estate development companies in the region of Sofia.

Kambourov & Partners

Kambourov & Partners is instructed on commercial, residential and industrial infrastructure projects, most recently seeing an increase in its work on retail centres and office buildings. The real estate and construction team has in-depth expertise not only in the construction process, but in the entire lifespan of properties, ranging from due diligence reports, land acquisition and the surrounding regulations to the planning, financing and investment in projects, and finally leasing and landlord and tenant concerns. Atanas Shopov has ‘exceptional expertise in real estate and construction matters’ due to his lengthy experience of advising on commercial, infrastructure and industrial projects for a range of clients.

Praxisleiter:

Atanas Shopov


Weitere Kernanwälte:

Dimitar Alexandrov


Referenzen

‘The team provides prompt and high-quality services where the motivation of the lawyers and their level of expertise is consistently shown. Responses were accurate and always provided in close cooperation with the in-house lawyers of our company and their service was excellent.

‘Atanas Shopov has exceptional expertise in real estate and construction matters. He always demonstrates a problem-solving attitude and is extremely devoted to achieving a result in the client’s interest. He has excellent knowledge of the industry.’

‘We are very pleased to work with a team with such a deep expertise in various fields.’

Kernmandanten

Escatec


Alpiq AG


WITTE Automotive


CNNP Rich Energy Co.


Vivacom


Kaufland Bulgaria


Citygas Bulgaria


Kapsch Trafficcom AG


WING


Schwarz IT Bulgaria


Kamenitza AD


HS Timber


United Group


Monolit


Atland Investments


Ares Engineering


Highlight-Mandate


  • Advised Escatec on its entry into the Bulgarian production market, including providing advisory support on property leasing.
  • Provided assistance to WITTE Automotive on expanding its production capacity through a EUR 25 million investment by the company.
  • Advised Kaufland on the real estate aspects of its EUR 25.6 million investment in the reconstruction of the Central Sofia Market Hall.

Kinstellar

Kinstellar covers a multitude of matters across the real estate and construction space, including major property acquisitions, commercial leases for clients in various sectors and regulatory advice. The firm has particular strength in advising international real estate investors on investment structuring and the acquisition of real estate portfolios, entry into the Bulgarian market, and various planning and zoning matters. Antonia Mavrova is the practice head and brings extensive knowledge of lease agreements and retail, logistics and office projects to the team. She is supported by Atanas Mihaylov and Mladen Minev, who add to the firm's ‘strong expertise in real estate and deep knowledge of the Bulgarian market’.

Praxisleiter:

Antonia Mavrova


Weitere Kernanwälte:

Atanas Mihaylov; Mladen Minev


Referenzen

‘Kinstellar offer a very good service level and respond quickly. They keep an eye on the market and all legal developments and are always ready to think outside the box and provide creative solutions. Their advice is commercial and practical, while at the same time safeguarding our interests.’

‘Antonia Mavrova is not only diligent and proactive, but also very commercially aware and thinks one step ahead. She is very client-focused and has a passion for the industry. Antonia is very knowledgeable in a wide variety of real estate transactions and provides great advice on all aspects of the project.’

‘Mladen Minev is a very strong professional, knowledgeable and highly reliable. He has a strategic approach and is excellent when it comes to complex cases with high stakes.’

Kernmandanten

TAWAL


CTP Invest


CTPark Kappa EOOD


Global Trade Center


Allianz Bulgaria Holding


Mеrkle


HAVI Logistics


Lion’s Head Investments AD


KBC Bank NV


Highlight-Mandate


  • Advised HAVI Logistics on the negotiation of a key long-term lease agreement for a distribution centre that is being built for HAVI’s supply chain.
  • Advised CTP on five real estate acquisitions in Bulgaria, including the latest acquisition of four land plots in the area of Plovdiv for the extension of CTP’s logistics facilities.
  • Advised Lion’s Head Investments on the up to approximately EUR 100 million refinancing of investment loans provided by UniCredit Bulbank.

Penkov, Markov & Partners

Penkov, Markov & Partners' wide-ranging real estate and project development practice encompasses advice on high-profile real estate construction projects, including luxury real estate developments, major transactions, the acquisition of land for energy infrastructure, and real estate litigation. Milena Gaidarska is frequently instructed on major construction projects, in which she completes due diligence reports, gives administrative support and secures permits from the relevant authorities. Atanas Valov is another key practitioner in the team and is an ‘established and well-known name in this field’.

Praxisleiter:

Milena Gaidarska


Weitere Kernanwälte:

Atanas Valov; Boris Strijlev


Referenzen

‘Milena Gaidarska is an exceptional professional with huge knowledge of the market and the technical and legal side of the procedures. She is able to carry a big workload and to manage and oversee projects efficiently. She is our most trusted advisor.’

‘We work mainly with Atanas Valov. He shows diligence, fast thinking, good negotiation skills and the ability to convince the counterparty and overcome their arguments. Milena Gaidarska shows significant knowledge of the regulatory framework regarding the construction process. She is also very experienced in property management matters. Boris Strijlev is well-prepared on our matters, hard-working and responsive.’

‘The team at Penkov, Markov & Partners, and especially Atanas Valov and Milena Gaidarska, are very smart, cooperative and experienced professionals. Atanas demonstrates exceptionally deep knowledge. He is well prepared, has great knowledge of the legislation and reacts quickly.’

Kernmandanten

Arteks Engineering AD


Infinity Capital AD


Magna MK EOOD


Nadezhda Home EOOD


Primo Plus EOOD


Kamsar Ink OOD


Enikom-Sofia-Sever EOOD


GD Capital Management AD


Mach More OOD


Eurostar OOD


CEP Renewables SL


P&O Real Estate OOD


Borovete 1 AD


Global Biomet EOOD


Luxury Real Estate EOOD


Arteks Zlaten Vek OOD


Artstroy Group


4Smart OOD


NV Create Building EOOD


BG Nova AD


Zagorka AD


Klett Bulgaria OOD


Kare Bulgaria LTD


Glorient Investment BG OOD


APK Brezovo OOD


BG Plant OOD


Imelius OOD


Speedway EAD


Highlight-Mandate


  • Advising a public company on a major acquisition of a company which owns a large number of plots of land located on the coast.
  • Advising Arteks Zlaten Vek OOD on all legal matters related to the completion of the construction of the Golden Age project, with a total budget in the amount of EUR 100,000,000.
  • Advising Magna MK EOOD on the development of a skyscraper, designated for multifunctional purposes (including offices, a residential park and a hotel).

Andrey Delchev and Partners - Eurolex Bulgaria

Andrey Delchev and Partners - Eurolex Bulgaria stands out for its work with governmental departments and public bodies on major transport infrastructure projects in Bulgaria. The team is also engaged by private companies and investors regarding zoning, land use and compulsory purchase when it comes to the development of facilities for various purposes. Stoyan Barzakov leads the group and is experienced in infrastructure regulation, concessions and privatisations.

Praxisleiter:

Stoyan Barzakov


Weitere Kernanwälte:

Magdalena Valova


Referenzen

‘We appreciated their reliability, responsiveness, and resourcefulness throughout their work on our matter. They have considerable experience in the real estate field and have worked on multiple projects in the spheres of state and municipal property and infrastructure.’

‘Magdalena Valova is extremely competent, talented, well-prepared, and professional. Her expert advice has been instrumental to a number of successful deals we have entered into throughout the years. My overall impression of the team is entirely positive.’

Kernmandanten

Nova City Group


Trace Group Hold


Asarel Medet


Ministry of Regional Development and Public Works


Geodesy, Cartography and Cadastre Agency


Asso Home


Nipex Pharma Ltd.


Highlight-Mandate


  • Advised Nova City Group on negotiations, legal due diligence, real estate investment deals and construction law cases.
  • Advised the Ministry of Regional Development and Public Works on a project for the management and registration of all state and municipal property in Bulgaria.
  • Advised Nipex Pharma Ltd. on the acquisition of a large municipal property, including the negotiations, the privatisation process and the final acquisition.

Georgiev, Todorov & Co

Georgiev, Todorov & Co‘s real estate and construction department offers advice on various matters, covering sale and purchase agreements, construction agreements and other contract drafting and due diligence reviews, as well as contentious matters, representing clients before various institutions and administrative courts. Miglena Peneva leads the practice and provides the full scope of legal services to construction companies and real estate entrepreneurs. Arno Mamasyan is also a key name to note.

Praxisleiter:

Miglena Peneva


Weitere Kernanwälte:

Arno Mamasyan


Referenzen

‘The firm has an outstanding team of professionals who can handle really complex matters and this is why Georgiev, Todorov & Co. is our main legal advisor.’

‘Miglena Peneva is an outstanding lawyer with deep and vast knowledge in the area of real estate and construction.’

‘I cannot recommend the real estate practice of Georgiev, Todorov & Co. more highly, particularly Miglena Peneva. Great team with impressive coordination. The firm has all the technology, systems, and diversity of people to handle complex and sophisticated matters.’

Kernmandanten

BLD Zapad OOD


Park Lane Mladost OOD


EIS Construction Company AD


Vitez Prospect AD


Bulgarian Branch Chamber “Roads”


Toplivo AD


Yambol Municipality


Ministry of Agriculture, Food and Forestry


National Association of Property Developers


OBONATO BUILD EOOD


Tobo Group


Atex Properties AD


AG Capital


G.P.Group


Pamporovo JSC


European Parliament


Highlight-Mandate


  • Advised BLD Zapad OOD and Park Lane Mladost OOD regarding the purchase of major real estate assets.
  • Prepared the legal due diligence of a portfolio of 8 major properties in and outside the city of Sofia for Atex Properties.
  • Advising Vitez Prospect JSCo (formerly Hemus Motorways) in relation to the territorial status of the properties included in highway routes.

Jordanov, Ignatov, Ivanov Law Firm

The real estate and construction team at Jordanov, Ignatov, Ivanov Law Firm ‘demonstrates excellence’ in a broad spectrum of real estate and construction matters. The firm handles corporate real estate transactions, due diligence reports for land acquisition and leasing agreements on the real estate side. For its construction mandates, the team is involved in drafting and securing building permits and advising on the development of complex construction projects; a notable example is its ongoing advice to long-term client Bulgarian Property Developments on the construction of a large residential and commercial project in Sofia. Founding partners Ivan Jordanov and Rumen Ignatov jointly lead the practice.

Praxisleiter:

Ivan Jordanov; Rumen Ignatov


Weitere Kernanwälte:

Nikolay Ignatov; Dimitar Ivanov


Referenzen

‘The Jordanov, Ignatov, Ivanov Law Firm team has multifaceted expertise and impeccable skills and our satisfaction with its services remains unwavering. The legal team at JII consistently demonstrates swift responsiveness and an exceptional grasp of our business intricacies. Its ability to adapt to our evolving needs and provide effective solutions has been a cornerstone of our successful collaboration.’

‘Rumen Ignatov’s insights and guidance have consistently proven invaluable to our organisation. Nikolay Ignatov possesses an exceptional mastery of regulatory and administrative procedures, and shows proficiency in navigating the intricate web of regulations and procedures.’

‘The real estate department at JII Law Firm has consistently exceeded our expectations, demonstrating excellence in every aspect of our collaboration. Their extensive expertise in real estate matters, combined with their unwavering dedication, has been instrumental in achieving successful outcomes.’

Kernmandanten

Bulgarian Property Developments EOOD


Varna Logistics EAD


Arco Vara SA


Fairplay International AD


BPD Ring Road EOOD


Lindner Bulgaria EOOD


Core Construction EOOD


Mundus Services AD


BPD Industrial Real Estates Fund REIT


Industrial Zone Pleven OOD


Tavilog EOOD


Pleven Retail Centre ЕOOD


Castello Precast OOD


Smart Organic AD


Casa Nobile EOOD


Highlight-Mandate


  • Providing a comprehensive advisory service to Bulgarian Property Developments in relation to the creation of a mixed residential and commercial project.
  • Advising Varna Logistics AD on the potential sale of its logistics facility.
  • Acting as legal counsel for Lindner Bulgaria EOOD in relation to its Residential Park Lozen project.

Schoenherr

Schoenherr is well known for its full-service offering in relation to complex construction projects, including office, retail and industrial real estate and energy infrastructure or green projects. Further specialisms of the real estate team are advising on high-end real estate transactions and assisting investors entering the Bulgarian market with regulatory issues. Dimitar Vlaevsky and Elena Todorova jointly lead the team and are supported by Kristina Lyubenova.

Praxisleiter:

Dimitar Vlaevsky; Elena Todorova


Weitere Kernanwälte:

Kristina Lyubenova


Referenzen

‘Schoenherr Bulgaria’s real estate and construction team has been an invaluable help for our organisation in its expansion in the Balkans region. We received the expected quality of service, and their excellent cross-border support has provided us with the confidence to kickstart our project.’

‘Fast, efficient, reliable and competent.’

‘Dimitar Vlaevsky has in-depth commercial knowledge and awareness combined with solid experience and impressive legal skills.’

Kernmandanten

Business Park Sofia


Queisser Pharma


RGREEN Invest SAS


Avenue One Holdings, LP


LILLY Bulgaria


Revetas Capital


MET Group


SAP LABS Bulgaria


Leoni AG


Mall Varna EAD


OMV Bulgaria


Smurfit Kappa B.V.


Alfa Group


Concordia Bulgaria


Husqvarna Group


Highlight-Mandate


  • Advising LILLY Bulgaria in connection with the acquisition of a property for the development and construction of its main warehouse for Bulgaria.
  • Advising Business Park Sofia on daily matters related to its operations.
  • Advised Queisser Pharma Bulgaria on the asset deal acquisition of its new office space in Sofia.

Wolf Theiss

Wolf Theiss is engaged by real estate investors and developers for ongoing legal support on construction projects, frequently in relation to renewable energy projects. This covers the full array of services, from due diligence reports and drafting and negotiating the terms of acquisitions to zoning issues and the issuance of permits and licences. Radosveta Kojuharova leads the practice, where her strengths lie in real estate due diligence and deal financing. The department was strengthened at junior level at the start of 2023 when Ivelina Atanasova joined from Gugushev & Partners Law Office and Alexander Arshinkov joined the firm from Popov, Arnaudov & Partners.

Praxisleiter:

Radosveta Kojuharova


Weitere Kernanwälte:

Ivelina Atanasova; Alexander Arshinkov; Teodor Toshev


Referenzen

‘The team has robust and vast market experience and knowledge thanks to Radosveta Kojuharova. She leads every real estate deal confidently and calmly.’

‘Great in-depth knowledge and market experience. Apart from the partner, the associates are also quite experienced, and this is a sign of a promising future for the real estate practice of the firm.’

‘The Wolf Theiss team is extremely professional. Starting with Radosveta Kojuharova, everyone we have worked with on one or another task has been exceptional and very helpful.’

Kernmandanten

AG Capital


Lion’s Head Investments


Amarat Properties


Park Lane Developments


Willi Elbe


Sellercloud


Regus (now IWG plc)


Intuitive Surgical Operations


River Park Sofia


On International


ACBO The Association of Commercial Building Owners in Bulgaria


SAP


METKA EGN


Pet Network International


RegioCom


Highlight-Mandate


  • Providing full legal assistance to Intuitive Surgical Operations on the development and construction of its EUR 40 million manufacturing facility in Bulgaria.
  • Advising Regus on four different projects concerning subleases in its signature buildings in Sofia.
  • Representing Park Land Developments in all legal aspects of the development of EasyPay’s EUR 25 million headquarters in Sofia.

CasePro

Large corporations, real estate developers, investors and private individuals regularly turn to CasePro's real estate team for assistance with commercial transactions, negotiating leases and drafting construction agreements during development projects. The team is led by Spartak Yovchev, who is praised by clients for his 'broad knowledge base'.

Praxisleiter:

Spartak Yovchev


Weitere Kernanwälte:

Boyan Lazarov; Plamena Krasteva; Silvia Stoyanova


Referenzen

‘Spartak Yovchev has a broad knowledge base that covers many practice areas, especially real estate and construction. In addition, Plamena Krasteva has the ability to meet the deadlines announced and excels thanks to her great analytical skills. Also very important for us is the fact that both of them are so good with communication (especially in English) and we have formed a very strong client-counsel connection. Furthermore, Silvia Stoyanova provides strong support when taking difficult decisions during complex deals.’

‘I know the CasePro team to be extremely competent, highly ethical, and very knowledgeable, especially in real estate and construction law, where my firm relies on their partnership of professional expertise.’

‘Boyan Lazarov is a top professional! He is reliable and dedicated.’

Kernmandanten

America for Bulgaria Foundation


Litexco Bulgaria


Bulgarian Burger


Property Club Bulgaria


Lufthansa Technik Sofia


SumUp EOOD


SumUp Ltd. Bulgarian Branch


Quanterall


Rhythm Engineering – Bulgaria


Scale Focus


SumUp Services GmbH


Lindstrom


Paysafe


Tamarind Properties


SumUp EU Payments


Property Club Project 1


Property Club Project 2


Property Club Project 3


Defacto Retail Limited


Sirketi Bulgaria Ltd.


Pure Energy Ventures Limited


Martindale Holdings Ltd.


Software AG


Crypto.com


Pontica Solutions


WHG Services (Bulgaria) Limited


DSV Road


SumUp Real Estate GmbH


PAPATAK


Expert Solutions


Goodtill


TDB Play


CONCRETE FUND


Ostent 1


Rosbuild


Signature Properties Naum


Puzzle Brands JSC


Cherkovna Invest 2 LLC


INNG Estates OOD


Fresh and Frozen Storage


Highlight-Mandate


  • Advised long-term client Lufthansa Technik Sofia OOD on the closing of a complex real estate project.
  • Assisted Fresh and Frozen Storage with the execution of a complex transaction for the acquisition for EUR 1M of logistics facilities together with an adjacent land plot and power stations.
  • Assisted DSV Road EOOD with the successful closing of all stages of the significant real estate project related to the sale of the client’s land plots.

Deloitte Legal Law Firm

Deloitte Legal Law Firm frequently assists clients with the full scope of the preparation and structuring of real estate transactions, with a particular focus on commercial centres and office buildings in Bulgaria. Litigation expert Zvezdelina Filova is the practice head.

Praxisleiter:

Zvezdelina Filova


Kernmandanten

Hellenic Dairies SA


Highlight-Mandate


  • Advising on the real estate aspects of the acquisition of United Milk Company EAD, leading to the expansion of Hellenic Diaries SA in Bulgaria.

Dinova Rusev & Partners

Dinova Rusev & Partners' practice covers a litany of real estate matters, consisting of completing due diligence for energy infrastructure projects and the drafting and negotiating of various contracts and lease agreements, as well as representation in arbitration and court proceedings related to real estate assets. The team led by Georgi Vladov has particular expertise in advising on matters relating to shopping malls and hospitality services.

Praxisleiter:

Georgi Vladov


Weitere Kernanwälte:

Anelia Dinova; Iliya Grozdanov


Referenzen

‘Dinova Rusev and Partners adopt an interdisciplinary approach and have the capacity to provide the full range of services related to the acquisition, financing and construction of real estate projects. They go the extra mile to help clients create and implement effective strategies to meet specific business needs.’

‘Georgi Vladov has exceptional expertise in real estate transactions. He also has the ability to swiftly bring in experts and incorporate expertise from other practices when it comes to specific requests outside of the team’s core legal competencies. He is very responsive and has excellent communication skills, with a focus on detail when necessary for the client to understand.’

‘A highly experienced team which delivers results in the most efficient way. Business oriented, with services that create value.’

Kernmandanten

AP Retail I EOOD


United Energy


Venafi


Al in Motion


Svartehavet


Greenville Bulgaria


UL China


Victoria Bank, Moldova


Gorubso Kardjali AD


House Market Bulgaria


MG Consult EOOD


Amit Construction


Everty


Highlight-Mandate


  • Advising United Group on a complex EPC contract for a solar project in Bulgaria.
  • Advising Venafi on leasing its new office in Sofia.
  • Advising AP Retail I EOOD on all aspects of the operation of The Mall, including a number of internal reconstructions.

Gugushev & Partners Law Office

Gugushev & Partners Law Office handles a broad spectrum of real estate and construction matters, advising on the negotiating and drafting of contracts and due diligence reports for acquisitions, leasing agreements and surveys of plots of land. The practice is led by recently promoted partner Ivan Tsvetkov, who is well versed in finance matters.

Praxisleiter:

Ivan Tsetkov


Weitere Kernanwälte:

Stefan Gugushev; Bogomil Dimov


Referenzen

‘The Gugushev & Partners team is always prepared, knowledgeable and easily reachable. Their leadership is impeccable, and any partners involved always have a plan to not only complete any task in an appropriate and timely manner but also to go above and beyond by offering novel solutions that end up improving the situation at hand.’

‘Stefan Gugushev always demonstrates a staggering amount of knowledge both on the legal side of the issue, as expected, but also on the business side.’

‘Bogomil Dimov showed great insight into the applicable legal issues and was always happy to explain what exactly was happening during the process.’

Kernmandanten

Key Bio Industry Bulgaria Ltd


Ecorentimpex Ltd.


Infinity Solar 1 Ltd.


Facility Management Group Ltd.


El Bonus Ltd.


Black Peak Capital Ltd.


KG Engineering Ltd.


Arkel Ltd.


V Partners Ltd.


Malinov Dom Ltd.


Design Factory Ltd.


Totim Sofia Ltd.


Stefan 2022 Ltd.


Perihelion Ltd.


Murgova & Partners Attorneys at Law

Murgova & Partners Attorneys at Law is praised by clients for its ‘in-depth knowledge and innovative approach’ in the field of real estate and construction. The team is well versed in the full scope of real estate matters, including but not limited to assisting with the purchase and sale of properties and the preceding due diligence documentation, real estate financing, day-to-day operations and drafting leasing agreements. Petya Murgova leads the practice and has particular expertise in real estate transactions. Juliana Tsankova-Arsenova provides key support.

Praxisleiter:

Petya Murgova


Weitere Kernanwälte:

Alexander Moskov; Simeon Krastev; Alexander Stoimenov; Juliana Tsankova-Arsenova


Referenzen

‘The team supported us with accurate legal advice and detailed research related to the requirements of the local legislation. We count on the team of Murgova & Partners for all our cases in this field as they have proven to have an in-depth knowledge and innovative approach, resulting in positive outcomes for us.’

‘Petya Murgova has significant experience in the field of real estate and construction. She has broad experience in real estate deals and transactions, and she provides us with appropriate legal advice concerning potential risks.’

‘We can trust Simeon Krastev and Alexander Stoimenov in our daily business activities because they are highly motivated professionals and well-prepared legal experts and devoted to the client’s requirements and interests.’

Kernmandanten

Duev 90


Specialized Hospital for Rehabilitation


Arhinex


Fobos Auto


PIM Haskovo


DMT 2010


N – Style


Asha Invest


AGK Consulting and services


Chateau Louise et Louis


Eurospeed


Nanev invest


Arh Engineering


Natif Proekt


Interior


Highlight-Mandate


  • Advised DMT on the drafting, negotiation and completion of an agreement for the establishment of the right of construction for the construction of a residential building in city centre of Sofia.
  • Advised Chateau Louise et Louis on the drafting, negotiation and completion of an agreement for pipeline, heating and ventilation services for the client’s hotel in France.
  • Advised Building Express on numerous acquisitions of real estate in connection with the client’s construction activities.

Popov, Arnaudov & Partners

Popov, Arnaudov & Partners provides comprehensive legal services relating to large real estate transactions and acquisitions. This includes completing due diligence reports, advising throughout negotiations, compiling documentation and representation in any related litigation proceedings. A notable client for the firm is multinational company XXXLutz, which Sibina Eftenova's team supports with various real estate issues related to its expansion in Bulgaria. Hristo Koparanov co-heads the practice alongside Eftenova.

Praxisleiter:

Sibina Eftenova; Hristo Koparanov


Referenzen

‘They are quick in urgent situations.’

‘They tend to treat our matters like their own and take into consideration our company’s brand identity.’

Kernmandanten

MD Immobilien (part of XXXLutz)


Next Level Fitness Ltd.


ES R SUPRIME RESIDENCE 10 Ltd


NY Creative


Eurotur Grоup


HLFC Ltd.


Aiko (part of XXXLutz)


MAXI I


New Directions


MPA Handels


Highlight-Mandate


  • Conducted the full legal due diligence of land intended for the construction of a retail centre to operate under the Moemax brand in Pleven.
  • Providing full legal services to Next Level Fitness, including on real estate matters.
  • Providing advice on the project for the construction of a retail centre under the Aiko and Moemax brands in Plovdiv.

BWSP Ilieva Voutcheva & Co Law Firm

Real estate transactions, due diligence reviews of properties, administrative proceedings, and the drafting and reviewing of construction contracts form BWSP Ilieva Voutcheva & Co Law Firm‘s advisory offering in the real estate and construction space. The practice group is jointly led by Diliana Ilieva and Rossitsa Voutcheva.

Praxisleiter:

Diliana Ilieva; Rossitsa Voutcheva


Referenzen

‘They have a holistic advisory approach, not only covering the legal aspects but also considering the business impact.’

‘Some strengths of Rossitsa Voutcheva and Diliana Ilieva are their personal approach to clients, clear communications and great stakeholder management.’

‘The law firm is comprised of competent, capable and very effective individuals. They are results orientated and focused and always complete the tasks and issues assigned. I feel like we can count on them always, on a daily basis and for more complicated transactions related to company’s investments and scaling plans.’

Kernmandanten

Stroy Alliance Invest Ltd.


EcoSafe Ltd.


MS Asset Development Ltd.


ECO SOLINVEST Ltd.


GRADEC VIL Ltd


Paramont Gardens


CPC Europe Ltd.


Castello Precast Ltd.


Realty Ltd.


SAAV Engineering Ltd.


Highlight-Mandate


  • Advised Stroy Alliance Invest Ltd on the development of its new residential building project in Sofia, valued at EUR 10,000,000.
  • Advised MS Asset Development Ltd on the development of a residential complex comprising seven houses valued at EUR 1,900,000.
  • Advised Paramont Gardens on a new residential complex valued at EUR 7,000,000.

Kinkin & Partners

Kinkin & Partners‘ real estate, urban planning and construction works team covers a broad spectrum of matters ranging from project financing and the assessing of investment intentions to assistance with urban planning procedures, public procurement and the negotiation of lease agreements, among others. Practice head Adriana Nacheva has extensive experience in urban planning procedures and related owners’ rights.

Praxisleiter:

Adriana Nacheva


Weitere Kernanwälte:

Dilian Kolev


Referenzen

‘They have assisted us in plenty of cases and have teams working in a variety of fields. They follow the changes in construction regulations over the years and come up with strong evidence in cases.’

‘The individuals are experienced and completely devoted to their work. Dilian Kolev has excellent expertise in the field of real estate. Adriana Nacheva leads the team with great professionalism.’

‘Dilian Kolev was extremely professional and competent, and always available.’

Kernmandanten

Agria JsC


Held Bereenderungs GMBH & CO.KG


Interclima Engineering Ltd.


Quattro Properties Ltd.


Seagull-2014 Ltd.


Highlight-Mandate


  • Assisting Agria JsC with challenges relating to the ownership and legal status of 8 bungalows, including conducting due diligence, locating documents, and obtaining certificates to safeguard against removal orders.
  • Assisting the owner of a historic property in Sofia with tenant lease negotiations and ensuring compliance with heritage regulations.
  • Successfully resolved legal issues for a client regarding an inherited property in Sofia.

Penkova & Partners Law Firm

The real estate and construction team at Penkova & Partners Law Firm offers a comprehensive advisory service with regard to real estate and construction projects and transactions, with particular experience in the amendment, negotiation and termination of lease agreements, covering residential complexes, retail centres and hotels. Founding partner Victoria Penkova leads the team.

Praxisleiter:

Victoria Penkova


Weitere Kernanwälte:

Diana Milkova; Yavor Tankov


Referenzen

‘Penkova & Partners Law Firm provide a wide range of specialised legal services with attention to quality, and we therefore trust and rely on the firm. The team is great at ensuring we are legally protected against all the risks involved in lease agreements.’

‘Victoria Penkova has an excellent reputation in the field of real estate and construction, and she is able to provide high-quality expertise in all aspects of the transactions. Diana Milkova is great at providing efficient solutions for real estate matters, identifying all potential risks, and is very responsive, experienced, and determined to provide excellent advice and the best approach.’

‘Penkova & Partners Law Firm stands out as a team of greatly experienced and vastly knowledgeable professionals. The law firm is our to-go choice due to their ability to see the big picture and to guide us through complex cases. This synergises perfectly with the team’s in-depth approach to every issue, their responsiveness, attention to detail, and clear and concise manner of communication, making the law firm not only a formidable legal advisor, but a trustworthy business partner as well.’

Kernmandanten

Regent’s Property Advisors EAD


CAF Signalling S.L.


adidas Bulgaria EAD


Saint George Palace Ltd.


Varna Mall EAD


Inter Ceramic OOD


Highlight-Mandate


  • Advising Regent’s Property Advisors EAD in regard to the construction of a retail park and the conclusion, amendment and termination of lease agreements.
  • Advising CAF SIGNALLING, S.L. on the construction of signalling and telecommunications systems and the European Rail Traffic Management System in regard to the development of the Sofia railway junction.
  • Advising adidas Bulgaria EAD with regard to the conclusion, amendment and termination of lease agreements.

Tokushev And Partners Law Office

Tokushev And Partners Law Office counts real estate transactions and acquisitions as its core focus in this sector. The firm is also involved in construction-related tax planning, negotiation of concession agreements and mortgages. Viktor Tokushev and Stiliyan Nedev jointly lead the practice and have extensive experience in real estate transactions.

Praxisleiter:

Viktor Tokushev; Stiliyan Nedev


Kernmandanten

RAK 2019


UBB Interlease


Intercapital Property Development REIT


Aktiv Properties REIT


Viplast


M B S EAD


Highlight-Mandate


  • Advised RAK 2019 on the acquisition of EUR 18 M receivables from different entities backed with mortgages.
  • Advised BGI IMO on the acquisition of a hotel and residence building complex for EUR 2.9M.
  • Advised Aktiv Properties REIT with regard to real estate transactions of EUR 5M (relating to land plots and buildings) and corresponding collaterals thereto, secured with mortgages.