Firms To Watch: Real estate and construction

Komarevski Dimitrov & Partners, Attorneys-at-Law are adept in a litany of real estate and construction matters, including due diligence of land plots and properties, zoning and construction issues and real estate acquisitions, recently in the residential and renewable energy sectors.
Dobrev & Lyutskanov has considerable experience in land plot acquisitions, establishing ownership and title transfers on behalf of both private companies and public entities.
Kolev, Angelov & Miteva Law Firm advises on real estate transactions, lease agreements and construction projects, including the acquisition and development of large retail parks and malls across Bulgaria.
KGK Law Firm‘s real estate offering was significantly bolstered in January 2024 when Bozhko Poryazov joined the team from Popov, Arnaudov & Partners. He strengthens the team in construction matters and real estate investments.

Real estate and construction in Bulgaria

Boyanov & Co.

Boyanov & Co. is adept at a multitude of matters across real estate, including property and land acquisitions and their financing, due diligence reviews, zoning issues and construction support in connection with renewable energy construction projects, retail, residential and mixed-use projects. Practice head Nickolay Nickolov has experience in all aspects of real estate transactions and construction matters, including cross-border mandates. Hristian Gueorguiev joined the practice from Dinova Rusev & Partners in February 2024.

Praxisleiter:

Nickolay Nickolov


Weitere Kernanwälte:

Hristian Gueorguiev; Svetlana Tsvetkova


Kernmandanten

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


FHL Kiriakidis group


Golf Okol AD (part of Markan Holding)


Trelleborg Sealing Solutions


Cleves EOOD


Silver Star Motors


Ideal Standard – Vidima AD


DSK Bank AD


Mondelēz Europe Services GmbH


Jacobs Douwe Egberts OPS BG EOOD


Eurobank Bulgaria AD


Highlight-Mandate


  • Advised Rezolv Energy on acquisition and development of a PV project (St George Solar Park) with a capacity of 229 MW.
  • Advised consortium of banks on the financing of the construction and operation of a 160 MW photovoltaic power plant in Bulgaria located at the Maglizh Municipality.
  • Advising Golf Okol AD on the acquisition and development of ‘Okol Lake Park’ – an entirely new, greenfield residential area with golf course, residential, office and retail buildings, a school, a hospital, and 5* hotel.

CMS

The real estate and construction team at CMS is ‘well organised with very good knowledge of the local real estate market’ and is chosen by logistics, retail, construction and particularly renewable energy developers and companies as well as banks for advice on land plot and property portfolio acquisitions and sales. As part of this, the team carries out due diligence investigations, title and zoning issues and the financing aspects. Leading the team is Jenia Dimitrova is well versed in zoning, construction and leasing matters and often advises on real estate transactions, and Antonia Kehayova who is known for her transactional work, including for shopping centres, production facilities, offices and residential properties.

Praxisleiter:

Jenia Dimitrova; Antonia Kehayova


Weitere Kernanwälte:

Gentscho Pavlov; Dimitar Zwiatkow; Vaska Solakova; Reni Yanakieva


Referenzen

‘Small team, well-organised with very good knowledge of the local real estate market and best practices. They are able to understand our business needs and provide quality and practical solutions. They are more suitable for more complex issues and transactions.’

‘They are experts in the real estate sector and specifically Bulgarian real estate law and the local market. They have very good experience in dealing with complex matters and propose practical solutions. People to mention: Jenia Dimitrova and Vaska Solakova – both are very knowledgeable and responsive, great quality advice.’

‘The big advantage of CMS is, that they have professionals, that cover basically all important legal questions for the business. So you can discuss and get comprehensive advise from one hand on complex issues – company law, labour law, M&A activities, specific businesses like real estate, energy, telecom etc.’

Kernmandanten

MP Property


Global Biomet


EKO Bulgaria EAD


Astronergy


ResultsCX


Cordeel Bulgaria


ENKA İNŞAAT ve SANAYİ A.Ş.


Highlight-Mandate


  • Advised MP Property on the sale of a development land of c. 12,000 sq.m.
  • Assistance to EKO Bulgaria, part of Hellenic Petroleum Group, the biggest industrial and trade corporation in Greece, on the expansion of their gas station network in Bulgaria through acquisition of and the development of properties, and/or leasing.
  • Global Biomet on the due diligence and on the potential acquisition of of c. 40,000 sq.m. of land in Sofia with a view to its development with a residential project.

Dimitrov, Petrov & Co

Dimitrov, Petrov & Co use their ‘in-depth knowledge of regulations related to land development, building legislation and environmental compliance’ to assist clients with complex development projects and real estate transactions across agriculture, renewable energy, logistics and luxury projects. The team handle due diligence reviews, construction contract drafting and tax advice on transactions. Boyana Milcheva and Alexander Todorov jointly lead the practice, with the former advising on property investments, construction matters and the management of development projects, and the latter bringing expertise in real estate related litigation. Pavlina Ivanova is praised as a ’very talented lawyer’ and has extensive experience in various contract types.

Praxisleiter:

Boyana Milcheva; Alexander Todorov


Weitere Kernanwälte:

Pavlina Ivanova; Nikolay Kolev


Referenzen

‘Boyana Milcheva stands out with her leadership and exceptional legal knowledge and expertise at international level! She is among the few experts in FIDIC in Bulgaria. Pavlina Ivanova is following her in her steps and is also very talented lawyer who is always available to help. Nikolay Kolev is an amazing expert who has the capacity to explain complex terms in plain language.’

‘Despite tight deadlines, they remained calm, efficient and responsive to all of our concerns. This kind of commitment and professionalism is rare and was greatly appreciated.’

‘Boyana Milcheva’s deep understanding of real estate law was evident at every stage of our work on the project. From navigating complex contract terms to ensuring compliance with local regulations, her legal expertise gave us confidence that every potential issue was being thoroughly addressed. Pavlina Ivanova’s ability to think creatively and propose solutions showed her dedication to protecting our interests. Her negotiation skills were also critical in achieving favourable terms for us.’

Kernmandanten

Chromtek


Realty Investments


European Wind Farms Bulgaria ApS


Electrawinds Bulgaria


Lued Holding


Sliven Eparchy (part of the Bulgarian Ortodox Church)


Mareshki Nedvizhimi Imoti


Orbiko Bulgaria


Agrix Group


Pepkor Europe GmbH


Pilco EOOD (part of Ameta Group)


Lucid Link


Edelweiss Development


Windkraft Simonsfeld


Highlight-Mandate


  • Advising Realty Investments on the acquisition of an office building.
  • Advising Edelweiss Development on land acquisition for the development of large-scale residential project, including due diligence, construction and advising also on the sale of properties in the building.
  • Advised Lucid Link on the conclusion of a long-term lease agreement for office premises.

Djingov, Gouginski, Kyutchukov & Velichkov

Corporates and investors operating in the office, retail, hospitality, energy and transport spaces seek the services of Djingov, Gouginski, Kyutchukov & Velichkov when it comes to land plot and infrastructure acquisitions, financing and investment, construction and zoning as well as for support with a plethora of contract types including FIDIC, EPC and lease agreements. Founding partner Stephan Kyutchukov is an expert in concessions, real estate and financing matters and leads the practice alongside Kaloyan Krumov, who has extensive experience in the real estate and construction field, including on greenfield and brownfield development projects. Further key contacts in the team include Nikolina Stefanova and Maya Mircheva.

Praxisleiter:

Stephan Kyutchukov; Kaloyan Krumov


Weitere Kernanwälte:

Nikolina Stefanova; Maya Mircheva


Referenzen

‘DGKV is without doubt the best legal practice in Bulgaria. The collaboration of the team, the areas of expertise, the attitude to clients needs and depth of knowledge is exceptional and I would gladly recommend them to any foreign investor or local clients.’

‘Attention to the client, attention to detail, depth of knowledge and expertise, knowledge of the market, practice and precedents. They hold clients’ best interest at heart.’

‘Kaloyan Krumov is a very experienced lawyer, with deep knowledge in various legal sectors. He remains composed under stress.’

Kernmandanten

European Parliament


SOF Connect AD


NEPI Investment Management SRL


Euroports Group BV


BalkanTel OOD


American University in Bulgaria


AgroTime EOOD


Froneri Bulgaria EOOD


Arco Vara Bulgaria EOOD


Dell Emerging Markets


BOX NOW OOD


Acibadem City Clinic EAD


AP Capital Group


Highlight-Mandate


  • Advised Euroports Group BV on the sale of its local subsidiary’s logistics and warehouse terminal in Devnya, Bulgaria.
  • Advised SOF Connect AD, the operator of Sofia Airport, in drafting and negotiating key contracts for the EPC development of a new baggage handling system at Terminal 2.
  • Advised the American University in Bulgaria for the development of new student housing in Blagoevgrad.

Kambourov & Partners

Kambourov & Partners maintain an active real estate practice, capable of advising an impressive roster of domestic and international clients on planning and construction matters, legal due diligence, acquisitions and real estate disputes, most recently urban planning disputes. The team covers work across a variety of areas including transport, energy, office and manufacturing. Atanas Shopov leads the practice and is experienced in residential and recreational projects, leading all stages of the developments.

Praxisleiter:

Atanas Shopov


Weitere Kernanwälte:

Dimitar Alexandrov


Referenzen

‘Their team delivered exceptional service in real estate matters and outstanding legal support.’

‘A special appreciation to Atanas Shopov with her thorough understanding of the market, attention to detail and proactive approach ensured smooth and successful achievement of the company.’

‘The team provides prompt and high-quality services where the motivation of the lawyers and their level of expertise are constantly expressed. We assess the level of service as excellent and we emphasise that the answers to the legal questions were provided by Kambourov & Partners law office in due time. Responses were accurate and always provided in close cooperation with in-house lawyers of the company.

Kernmandanten

Cineworld creditors


Escatec


NEPI Rockcastle


Maxima Bulgaria


Artemida BSI AD


Intercontinental Management


AG Capital


Kaufland Bulgaria


Witte Automotive Bulgaria


Monolit


Schwarz IT


Citygas Bulgaria


AtScale


Highlight-Mandate


  • Advised Cineworld creditors on the Bulgarian real estate aspects of the acquisition of all Cineworld sites in Bulgaria in relation to the multijurisdictional securitisation of collaterals in Cineworld Group stemming from the movie theatre chain’s filing for bankruptcy.
  • Advised Intercontinental Management on various real estate matters in relation to the management and maintenance of the Intercontinental hotel in Sofia.
  • Assisted AG Capital on a complex development project involving 140 plots of land.

Kinstellar

Described as the ‘go-to team for all real estate matters’, Kinstellar acts for Bulgarian and European investment companies and real estate developers on commercial and logistics development projects, real estate portfolio acquisitions and real estate aspects of M&A transactions, as well as drafting complex lease agreements. Practice head Antonia Mavrova supports clients in retail, logistics and office developments and frequently supports real estate investors. The team grew in February 2024 when Desislava Dimitrova joined from Penkov, Markov & Partners.

Praxisleiter:

Antonia Mavrova


Weitere Kernanwälte:

Desislava Dimitrova; Simeon Vachev; Mladen Minev; Atanas Mihaylov


Referenzen

‘This practice distinguishes itself through a unique combination of specialised expertise, innovative strategies and a strong client-focused approach. Unlike many other firms, the team integrates a deep understanding of the industries they serve with a forward-thinking outlook, allowing them to deliver solutions that are both practical and strategically insightful.’

‘Antonia Mavrova – extremely loyal, devoted and trustworthy person. Very knowledgeable in her work.’

‘Working with Kinstellar’s real estate team, especially Simeon, was a seamless experience. Their expertise is evident, but what really stood out was their proactive approach and attention to detail. They didn’t just provide legal counsel; they made sure we and the client understood every part of the process and how it would impact the case.’

Kernmandanten

Mitiska REIM


Lion’s Head Investments


AG Capital


United Energy Group


CTP


DORADO 1


Advance Business Center / GTC


HAVI Logistics


Concentrix Bulgaria


Glavbolgarstroy


KBC Global Services Bulgarian Branch


TAWAL


RingCentral


Terraverde CE AD


Park Lane Developments


OL Digital


Highlight-Mandate


  • Advising Mitiska REIM on a new entry into the Bulgarian real estate market by structuring a joint venture with Park Lane for the development of retail parks.
  • Advising Lion’s Head Investments on the acquisition of land plots for the development a logistics park.
  • Advising a Bulgarian investment company on the acquisition of a shopping centre in Bulgaria by acquiring the debt owed by the owners in exchange for ownership over the properties.

Penkov, Markov & Partners

Penkov, Markov & Partners' real estate real estate and project development practice takes on a broad spectrum of transactional and development mandates, encompassing complex due diligence reviews, residential development projects and PV projects. The team has maintained and built a strong client roster of investors, architecture and construction companies and hotel operators. The department is led by Milena Gaidarska and Atanas Valov who are singled out by clients as ‘great real estate lawyers with many years of experience and many big projects serviced by them’.

Praxisleiter:

Milena Gaidarska; Atanas Valov


Weitere Kernanwälte:

Koycho Marinov; Boris Strijlev; Anelia Licheva


Referenzen

‘Milena Gaidarska is among the most experienced lawyers in Sofia on the real estate market, really hard-working, focused and a leader in the negotiations. Atanas Valov is also very talented real estate lawyer and is proficient in construction law. Anelia Licheva is smart, prudent and with deep knowledge of ownership and zoning law. Boris Strijlev is also one of the bright young lawyers in their team that has developed significant expertise in restitution law and zoning law.’

‘This is perhaps the area in which the team at their firm is best and most recognisable. They have worked on some of the largest projects in Bulgaria in all areas of property law. The fact that their team consists of people who have worked together very successfully for decades confirms this assessment.’

‘Milena Gaidarska is well known in Bulgaria as one of the exceptional legal practitioners in the real estate. In this regard, she is constantly in demand for new major projects, yet has always been responsive and found time to assist us. Atanas Valov has established himself as a much respected expert and is a big name in our jurisdiction as a real estate legal practitioner. Both Milena and Atanas worked as a team in many projects for our company basically covering all areas of legal support necessity. We could not have done so well without their support.’

Kernmandanten

BSPF (Property 2) LIMITED


Arteks Engineering AD


BA Glass Bulgaria EAD


Eurowind Energy A/S


Global Biomet EOOD


Eurostar OOD


Grund I.G. Immobilien GmbH


Infinity Capital AD


Primo Plus EOOD


Kamsar Inc OOD


Mach More OOD


GD Capital Management AD


Enikom-Sofia-Sever EOOD


BLB Properties EOOD


Luxury Real Estate Company EOOD


Gurmazovo House EOOD


PSS Stroitelstvo AD (former Pipe System)


4Smart OOD


BT Development Services


Dana Bulgaria OOD


Pegas MK OOD


Hotel International AD


ITS 2005 EAD


Highlight-Mandate


  • Advised BSPF (Property 2) LIMITED on a EUR 27m acquisition of Grand Hotel Varna and the adjacent plots of land and smaller seaside hotels in the portfolio of the previous owner.
  • Advised Eurostar OOD on the acquisition and development of a 75 MW photovoltaic power plant in Elhovo with a market value of circa EUR 100m.
  • Advised Pegas MK OOD on the EUR 9m acquisition of the National Hipodrum in Bankya, consisting of more than 500,000 sq m. of land and adjacent infrastructure.

Andonov & Radinska Law Firm

Andonov & Radinska Law Firm continues to provide comprehensive advice to retail operators, shopping centres and supermarkets concerning transaction preparation, due diligence, lease, leaseback, commercial and property management agreements as well as assistance on the construction of roof-based solar power. Hristo Andonov and Diliana Radinska jointly lead the team and both bring their extensive experience infrastructure transactions and real estate development projects to the practice.

Praxisleiter:

Hristo Andonov; Diliana Radinska


Referenzen

‘Accesability, reliable, honest, fair and to the point. Able to close a deal.’

‘Diliana Radinska is an experienced real estate lawyer, with a focus on lease agreements.’

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 JYSK (Denmark) in respect of the operations of their EUR 100m+ logistics and distribution centre in Sofia, Bulgaria, as well as in respect of JYSK’s projects for the expansion of their distribution centre by 14,000+ m2 and the construction of a large-scale roof-based solar power plant.
  • Advised New Europe Property Investments Rockcastle (NEPI Rockcastle) in respect of new leases and renewal of its existing commercial leases and property management services portfolio, both in the context of the post-COVID-19 situation, in Paradise Center and Serdika Center at a total value of USD 500+m.

Andrey Delchev and Partners - Eurolex Bulgaria

Real estate investors, construction companies as well as public bodies are among Andrey Delchev and Partners - Eurolex Bulgaria’s regular client base, who turn to the firm for support with due diligence, as part of large land and property acquisitions, and during public procurement and tender infrastructure projects. Practice head Stoyan Barzakov has extensive experience advising on infrastructure concessions, privatisation deals and project financing aspects.

Praxisleiter:

Stoyan Barzakov


Weitere Kernanwälte:

Magdalena Valova; Ivaylo Katov


Referenzen

‘This practice stands out for its combination of deep legal expertise and specialised knowledge. The team’s ability to navigate intricate regulatory frameworks and privatisation agreements sets them apart from other firms. Clients would value their thoroughness in examining property titles and legal nuances, as well as their strategic approach to litigation.’

‘The individuals we’ve worked with are exceptional for their in-depth expertise in specialised areas like WSS and energy law, combined with their dedication to tackling complex legal challenges. Magdalena Valova and Ivaylo Katov have been particularly remarkable. Their standout qualities include a meticulous approach to every detail and a proactive attitude, which sets them apart from competitors. We’ve especially valued their ability to distil complicated legal matters into clear, actionable solutions.’

Kernmandanten

Nova City Group


Trace Group Hold


Asarel Medet


Consortium Tech Park


‘European Railways’ Consortium


Council of Ministers


Sofia Municipality


Ministry of Regional Development and Public Works


Ministry of Transport and Communications


Doral Bulgaria


Highlight-Mandate


  • Advises Nova City Group in negotiations, legal due diligence, consultancy regarding real estate investment deals and representation in construction law cases.
  • Assisted Trace Group Hold on all legal aspects of several large-scale cross-border corporate and infrastructure projects, including the participation of the Client in the tender for the organisation, planning and implementation of the rail infrastructure project Niš – Brestovac (estimated value: EUR 686m).
  • 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 is singled out by clients for its ‘exceptional expertise in managing complex and large-scale real estate matters’. The firm is highly regarded in the litigation field and continues to act on a number of real estate disputes, while also handling a plethora of non-contentious matters, namely due diligence, contract drafting and real estate transactions. Litigation expert Miglena Peneva leads the practice and is well versed in all stages of construction and concession projects. Arno Mamasyan is a key name in the department and handles many contentious property and real estate matters.

Praxisleiter:

Miglena Peneva


Weitere Kernanwälte:

Arno Mamasyan


Referenzen

‘We have engaged Georgiev, Todorov & Co. for the due diligence of several major real estate properties. The real estate practice of the firm is impressive and stands out with depth of knowledge and expertise and the ability to handle really complex and sophisticated matters. The team has also good level of responsiveness and communication, which is important for us. Overall, we are very satisfied with the legal services provided.’

‘Miglena Peneva is our preferred and trustful legal advisor for many years, and we have strong confidence in her work. She is without doubt an excellent expert in real estate and construction. There are no secrets for her and her meticulous attention to the detail makes her a trusted professional. She is a creative lawyer, who can do what seems impossible to provide a working solution to even the hardest problems.

‘Georgiev, Todorov & Co. stands out in the real estate and construction sector due to its exceptional expertise in managing complex and large-scale real estate matters. The team has demonstrated a profound understanding of both the legal and commercial aspects of the real estate and construction markets. The firm has all the means as technology, systems and people diversity to handle complex and sophisticated matters.’

Kernmandanten

BLD Zapad OOD (Part of AG Capital)


Park Lane Mladost OOD (Part of AG Capital)


EIS Construction Company AD


Vitez Prospect AD


Bulgarian Branch Chamber ‘Roads’


G.P. GROUP JSC


Toplivo AD


OBONATO BUILD EOOD


Tobo Group


Atex Properties AD


Highlight-Mandate


Jordanov, Ignatov, Ivanov Law Firm

Clients continue to use the services of Jordanov, Ignatov, Ivanov Law Firm for their ‘ability to handle complex projects with deep understanding of both legal and commercial aspects’. The practice is adept at all aspects of the development lifecycle, from the due diligence and plot acquisition through the construction and the eventual leasing arrangements. Ivan Jordanov leads the team alongside Rumen Ignatov, who has recently advised on a series of built-to-suite projects.

Praxisleiter:

Ivan Jordanov; Rumen Ignatov


Weitere Kernanwälte:

Nikolay Ignatov


Referenzen

‘For over a decade, we have forged a strong and enduring partnership with Jordanov, Ignatov, Ivanov, and our satisfaction with their services remains unwavering. The legal team at JII consistently demonstrates swift responsiveness and an exceptional grasp of our business intricacies. Their ability to adapt to our evolving needs and provide effective solutions has been a cornerstone of our successful collaboration.’

‘Rumen Ignatov, the managing partner, stands as an exceptional luminary in his field, possessing an unrivalled depth of expertise. His insights and guidance have consistently proven invaluable to our organisation. Furthermore, Nikolay Ignatov possesses an exceptional mastery of regulatory and administrative procedures, a skill set that has not only streamlined our operations but also resulted in substantial time and cost savings.’

‘The real estate and construction team at Jordanov, Ignatov and Ivanov has consistently provided us with exceptional, tailored advice. Their ability to handle complex projects with a deep understanding of both legal and commercial aspects sets them apart. What we value most is their practical approach, attention to detail and responsiveness throughout the entire process.’

Kernmandanten

Bulgarian Property Developments EOOD


Varna Logistics EAD


Tavistock Group


Fairplay International AD


BPD Ring Road EOOD


Core Construction EOOD


Mundus Services AD


Industrial Zone Pleven OOD


Tavilog EOOD


Pleven Retail Centre ЕOOD


Castello Precast OOD


Smart Organic AD


Casa Nobile EOOD


Montis Aqua Capital OOD


Offices Cherkovna EOOD


Highlight-Mandate


  • Advised Bulgarian Property Developments for the creation of a mixed residential and commercial project.
  • Advised Tavistock Group on the sale of their logistics facilities in Sofia, Varna and Ruse, spanning on over 200 000 sq m. of land and including more than 120,000 m2 of warehouses to Lion’s Head for over EUR 71m.
  • Advising Castello Precast OOD Project on a project involving the construction of an industrial copper wires production facility.

Schoenherr

Schoenherr’s broad practice supports both strategic investors with the real estate aspects of their market entry and M&A transactions, while also advising companies across real estate, pharma, retail and energy on green development projects. The team covers property acquisitions, due diligence, lease agreements and ongoing operational advice as part of complex development projects. Dimitar Vlaevsky, who acts for oil and gas clients, real estate developers and construction clients on a range of development projects and transactions, and Elena Todorova, who often handles the real estate aspect of corporate transactions, jointly lead the practice.

Praxisleiter:

Dimitar Vlaevsky; Elena Todorova


Weitere Kernanwälte:

Alexandra Doytchinova


Referenzen

‘Schoenherr Bulgaria team is very competent and provides assistance of first level quality.’

‘Alexandra Doytchinova is one of the best partners and legal expert a company could work with. She is dedicated, knowledgeable, is able to guide the client through the transaction and obtain the best conditions possible in any deal. She is very hard-working expert and definitely a legal superstar.’

Kernmandanten

Immobul EOOD


Business Park Sofia


AU Optronics


Borealis AG


CVC Capital Partners


Queisser Pharma


RGREEN Invest SAS


Avenue One Holdings, LP


LILLY Bulgaria


Revetas Capital


MET Group


SAP LABS Bulgaria


Leoni AG


OMV Bulgaria


Smurfit Kappa B.V.


Highlight-Mandate


  • Advised Immobul EOOD in connection with the sale of an office building in Sofia.
  • Advised LILLY Bulgaria in connection with the acquisition of a real property for the development and construction of its main warehouse for Bulgaria.
  • Advised BPS on daily matters related to the operation of Business Park Sofia as well as on major strategic developments.

Wolf Theiss

The real estate and construction team at Wolf Theiss handle a litany of matters, including due diligence of properties and land, acquisitions, zoning and planning support and environmental compliance. The team has recently advised a number of real estate investors on diverse real estate developments, including residential, built-to-site, logistics and on renewable energy projects. Praised for her ‘extraordinary specialist knowledge’, Radosveta Kojuharova leads the practice and operates across all areas of real estate and construction law.

Praxisleiter:

Radosveta Kojuharova


Weitere Kernanwälte:

Ivelina Atanasova; Jasmina Uzova


Referenzen

‘Wolf Theiss’ real estate team stands out for its exceptional commitment to tailored client service, industry expertise and forward-thinking solutions. Potential clients would want to know that the team’s strengths lie in their deep understanding of complex legal issues, combined with an ability to offer practical, commercially-aware advice.’

‘Radosveta Kojuharova is especially noteworthy for her strategic insight and ability to simplify complex issues, making them approachable and actionable. Senior associate Ivelina Atanasova also deserves mention for their meticulous attention to detail and dedication to responsiveness, which ensures that projects stay on track and no detail is overlooked.’

‘The entire team in this area is excellently performing. The client gets for every specific matter advice on a level which leaves no questions open. The team accompanies the project from acquiring a plot, preparing all the steps of developing the estate until the finalisation of the construction contract. As a client you get led through these phases and never have doubts that all legal aspects are covered. For clients with no experience in Bulgaria this is extremely helpful.’

Kernmandanten

AG Capital


Lion’s Head Investments


Park Lane Developments


NIKMI


Real Estate Development


Intuitive Surgical Operations


SAP


Regus


RegioCom


Inter Expo Center


On International


METKA EGN


Renalfa


ACBO The Association of Commercial Building Owners in Bulgaria


Highlight-Mandate


  • Advised Lion’s Head Investments on their acquisition of shares in the logistics company BPD. This transaction, valued at EUR 71.4m.
  • Advised Park Lane Developments, throughout their real estate projects in Bulgaria.
  • Advised the developer of the River Park Sofia residential project, spanning 215,000 sq m. and featuring 352 houses.

CasePro

Clients praise CasePro for their ‘talented and devoted team of experts with outstanding legal knowledge’. The practice is well versed in the negotiation and drafting of lease and rental agreements, due diligence and real estate transactions, and has recently advised a number of fast-food chains in such matters, both locally and across Europe. Practice head Spartak Yovchev supports corporate clients, investors and private individuals in various real estate matters.

Praxisleiter:

Spartak Yovchev


Weitere Kernanwälte:

Boyan Lazarov; Plamena Krasteva; Silvia Stoyanova; Damyana Lazarova


Referenzen

‘We worked mostly with Silvia Stoyanova and she was extremely dilligent and very punctual about her work. She went the extra mile for us, when it came to contract revisions and additional research, which made an extremely good impression to us and made us feel very confident about the contracts we were signing.’

‘I had the pleasure of working with Spartak and Plamena and I can’t recommend them highly enough. They are always available to answer my questions and provided clear, concise advice every step of the way.’

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

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


GCS Solutions


Puzzle Recruitment


Translation Services Plus


TILLER SYSTEMS, S.L.


Paysolut UAB


Highlight-Mandate


  • Advised Fresh and Frozen Storage with the execution of a complex transaction for acquisition of logistics facilities together with adjacent land plot and power stations in one of the industrial zones of Sofia, Bulgaria.
  • Advised Bulgarian Burger EOOD with regard to all due diligence and transaction assistance stages of the purchase and of a real estate property to be used by the company for construction of a new restaurant with a top location at Plovdiv’s historical centre.
  • Advised TILLER SYSTEMS, S.L., part of the world group of companies of SumUp, on the long-term lease of its new office location in Barcelona, Spain.

Dinova Rusev & Partners

The ‘extremely knowledgeable team’ at Dinova Rusev & Partners has considerable experience in the implementation of lease agreements with a particular focus on shopping malls and office spaces, while other recent matters include contractual support and due diligence for various renewable energy development projects. Practice head Georgi Vladov has experience in both contentious and non-contentious real estate matters.

Praxisleiter:

Georgi Vladov


Weitere Kernanwälte:

Iliya Grozdanov; Radoslav Zahariev


Referenzen

‘Extremely knowledgeable team. They hold great experience in structuring and assisting in the execution of large scale deals.’

‘Approachable and personable. Focused in getting the job done. Kudos to Georgi Vladov for his direct approach, knowledge and ability to deliver excellent advice.’

‘Dinova Rusev’s services are always prompt and adequate, reliable and in-line with the current legislation.’

Kernmandanten

AP Retail I EOOD


Crowe Bulgaria


Ignitis Renewables


Ligna Group


Industrial Service Group


Taalery


Gemcorp


United Energy


MG Consult EOOD


Venafi


Al in Motion


Svartehavet


Greenville Bulgaria


UL China


Victoria Bank, Moldova


Gorubso Kardjali AD


House Market Bulgaria


Amit Construction


Everty


Highlight-Mandate


  • Advised the Bulgarian member of a global retail chain on acquisition of two land plots, sale of one land plot and establishment of in rem construction right.
  • Advised Crowe Bulgaria on leasing of their new office in Sofia.
  • Advised Bulgarian subsidiary of Alpha Bank on sale of its hypermarket in Burgas to a local investor.

Gugushev & Partners Law Office

Gugushev & Partners Law Office's broad real estate and construction team acts for domestic and international companies on land plot and property acquisitions, due diligence and ownership research and ongoing operational support as part of residential, commercial and renewable energy development projects. Clients praise practice head Ivan Tsvetkov for his expertise on both transactional and dispute mandates.

Praxisleiter:

Ivan Tsvetkov


Weitere Kernanwälte:

Olga Shopova; Stefan Gugushev


Referenzen

‘They have strong negotiation skills and a proven ability to manage complex transaction aspects with foresight and precision.’

‘Partner Ivan Tsvetkov is an outstanding real estate and business lawyer, not only a transactional lawyer, but also a litigator, which is a rare combination. Client gets the benefit of clever deal solutions which would also stand the test of the courts. Associate Olga Shopova stands out with a diversified experience and great approach upon liaising with governmental and municipal authorities.’

Kernmandanten

ERPI Ltd.


Facility Management Group Ltd.


Infinity Solar 1 Ltd.


Arkel Ltd.


KG Engineering Ltd.


Animex Ltd.


Ecorentimpex Ltd.


V Partners Ltd.


Malinov Dom Ltd.


Design Factory Ltd.


Stefan 2022 Ltd.


Perihelion Ltd


Highlight-Mandate


  • Advised ERPI Ltd. on the acquisition of a 19-acre land plot in downtown Sofia, valued at EUR 9m.
  • Advised V Partners Ltd. in the procedure for the acquisition of a newly built EUR 3m house, part of Pancharevo Park.
  • Advising KG Engineering Ltd. in concluding a contract for the construction of the ‘electrical’ part, for a photovoltaic plant with a nominal power of 42 megawatts.

Murgova & Partners Attorneys at Law

Murgova & Partners Attorneys at Law has built up a strong presence in the real estate and construction market, where it advises on lease agreements, due diligence and right of construction, acquisitions and disposals, while also serving a number of investors on their transactions. Managing partner Petya Murgova acts on real estate and public procurement development projects and leads the practice alongside Simeon Krastev, who combines expertise in the healthcare and real estate sectors. Yordanka Chakarova joined the team in June 2024 from Georgiev & Kolev Law Offices.

Praxisleiter:

Petya Murgova; Simeon Krastev


Weitere Kernanwälte:

Alexander Stoimenov; Angel Panorov


Referenzen

‘Excellent communication and quick response to all questions.’

‘Petya Murgova is a real estate specialist. She has a personal approach to the client.’

‘The firm’s team has in-depth expertise and long-standing practice in the specific requirements of the property of state-owned hospitals and public enterprises. During our cooperation, the firm’s team has approached each case with a complex and detailed approach and helped to achieve optimal results.’

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 2010 on the drafting, negotiation and completion of an agreement for establishment of right of construction for the construction of a residential building in the heart of the city centre in 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 Chateau hotel in France.
  • Advised Building Express on a number of purchase and sale investment transactions in connection with the complex projects of the client related to the construction of residential buildings in Sofia.

Popov, Arnaudov & Partners

Popov, Arnaudov & Partners advise Bulgarian and European manufacturing and retail companies in relation to their real estate and construction activities in Bulgaria, including on acquisitions, due diligence and ownership reviews, construction agreements and ongoing operational advice. Sibina Eftenova and Ekaterina Dinova lead the practice together, the latter of both having joined the firm in February 2024, and bolstering the firm's real estate disputes capabilities. Bozhko Poryazov left the team in January 2024 to lead the real estate department at KGK Law Firm.

Praxisleiter:

Sibina Eftenova; Ekaterina Dinova


Kernmandanten

TBM-2000


MD Immobilien – part of XXXLutz


MAXI I


MPA Handels


Odelo Bulgaria EOOD


Brothers SZ


Ani Dushkova


EST AD


Ministry of justice


Highlight-Mandate


BWSP Ilieva Voutcheva & Co Law Firm

The ‘strong, multidisciplinary team’ at BWSP Ilieva Voutcheva & Co Law Firm offers assistance with regard to real estate transactions, due diligence and the drafting of various leasing, construction and rental contracts. Diliana Ilieva and Rossitsa Voutcheva are active on real estate and construction mandates and jointly head up the team.

Praxisleiter:

Diliana Ilieva; Rossitsa Voutcheva


Referenzen

‘BWSP Ilieva Voutcheva & Co Law Firm has a strong multidisciplinary team that can provide fast and efficient solutions for advisory on real estate acquisition and disposal.’

‘Dilyana Ilieva – proactive and adaptive attitude towards client preferences, good time of execution of agreed terms, research oriented on topics requiring industry input.’

‘Great team of professionals in different areas. It’s very valuable that they have legal and tax under one roof. They were also very helpful in connecting us with specialists from other practice areas outside of the company. All was timely communicated. They managed to finish all our matters on time.’

Kernmandanten

NDB Ltd.


Castello Precast Construction Ltd.


Sath Health Jsc


Digital Lab – Dr. Parusheva Ltd.


Paramont Gardens


Stroy Alliance Invest Ltd.


Fulda Bulgaria Ltd.


Realti Ltd.


Global Coffee Ltd.


Highlight-Mandate


  • Advised Fulda Bulgaria Ltd. on securing construction rights for a prestigious land plot near Vitosha Mountain to develop a modern residential and mixed-use complex.
  • Advised Castello Precast Construction Ltd. on the transfer of real estate assets between group companies, including overseeing the entire spin-off.
  • Advised SAT Health Jsc. on rent agreements for a medical center.

Deloitte Legal Law Firm

Deloitte Legal Law Firm advise on real estate financing, transactions and complex construction agreements, particularly in relation to commercial centres and office buildings, and offer comprehensive advice which is enhanced through cross-departmental collaboration. Zvezdelina Filova leads the broader legal practice in Bulgaria and often handles energy mandates.

Praxisleiter:

Zvezdelina Filova


Weitere Kernanwälte:

Konstantin Ivanov


Kernmandanten

Hellenic Dairies SA


Highlight-Mandate


  • Advised Hellenic Dairies SA in respect of the acquisition of United Milk Company EAD (UMC) which would lead to the expansion of Hellenic Diaries SA in Bulgaria.

Kinkin & Partners

Kinkin & Partners assists clients with questions of ownership, planning and environmental regulations, real estate acquisitions as well as negotiations with real estate investors and the implementation of their investments. Practice head Adriana Nacheva has a broad practice and is well versed in real estate transactions.

Praxisleiter:

Adriana Nacheva


Kernmandanten

Interclima Engineering LTD


Chuchuline Trading LTD


Kosovets Ltd


Laurea Ltd


MMS-99 Ltd


Highlight-Mandate


  • Advised an individual with regards to an inherited property in Sofia.
  • Assisted an individual in securing his partners right to live in his property.
  • Advised Chuchuline Trading on acquiring ownership of two internal roads that are only used by them in their properties.

Penkova & Partners Law Firm

Penkova & Partners Law Firm stand out for their ‘knowledge on all aspects of the construction cycle’, while also frequently advising on lease and rental agreements and construction disputes. The team has a strong foothold in the retail sector, but also advises across the residential, transport and agriculture sectors. Managing partner Victoria Penkova leads the team an is a specialist in the construction field.

Praxisleiter:

Victoria Penkova


Weitere Kernanwälte:

Yavor Tankov; Boyanka Hristova; Diana Milkova


Referenzen

‘Victoria Penkova has excellent reputation in the field of real estate and construction and she is able to provide high quality expertise for all aspects of the transactions. Diana Milkova is very proactive and client-oriented.’

‘They stand-out in the market with their ability to act as a big law firm, to respond always on time, with their practical knowledge on all aspects of the construction cycle and with their experience and proven reputation.’

‘Victoria Penkova has been instrumental in navigating highly complex cross-border construction projects, using an in-depth knowledge of local and international law. We also rely on Yavor Tankov for his ability to manage multiple stakeholders and provide effective solutions on the matters assigned to him.’

Kernmandanten

BLACK SEA CENTER BSC EAD (Varna Mall EAD)


CAF Signalling S.L. (Spain)


Regent’s Property Advisors EAD


Inter Ceramic OOD


adidas


Barentz-Bulgaria EOOD


Saint George Palace Ltd.


BELENSKI INVEST OOD


TEDi Turgovia na drebno EOOD


Highlight-Mandate


  • Advised BLACK SEA CENTER BSC EAD (previously Varna Mall EAD) on preparation and review of commercial lease, services and insurance agreements.
  • Rendered legal advice to Regent’s Property Advisors in connection with the management of its project in the region of Pernik – Retail Park Pernik Plaza and in Northern Bulgaria – Retail Park Prista.
  • Advised CAF Signalling S.L. on numerous matters under a contract for design and construction of signaling and telecommunication systems and the European Rail Traffic Management System in connection with the development of the Sofia railway junction: Sofia – Voluyak railway section.