Bulgaria

Bulgaria

​Recent work highlights

Planning and environmental

  • Supported M + W Group in preparation for their bid regarding the construction of the largest waste-to-energy facility in Bulgaria.
  • Advised a client on real estate matters regarding the development of a shopping mall in the city of Sofia and on the first sale of an office building in Bulgaria.

Construction and development

  • Advised Kaolin AD on the agreement relating to the construction of a production unit.
  • Advised Swietelsky, a leading Austrian construction company, on issues related to the construction of railroad segments in Bulgaria.
  • Advised Robul Bulgaria on a real estate acquisition deal, including support on the preliminary agreement, due diligence of real estate and final real estate transaction.

Investment and disposal

  • Advised Revetas on the establishment of two SPVs, the sale of a logistics project, the amendment of an existing financing as well as the partial repayment thereof, the regulation of the horizontal condominium relation in a logistics and office real estate project.
  • Advised Europa Capital on the sale of Mall of Sofia, a 23,600m² shopping centre with 10,400m² of office space, to GTC.
  • Tishman International Management on the sale of its real estate office development.
  • Advised Austrian Private Equity Funds on the sale of the 75,000m² office building Megapark.

Managers and occupiers

  • Advised SKF Motion Technologies | on ongoing legal matters, including lease agreements, corporate, real estate, commercial matters.
  • Advised Ocado Technology on a long-term lease agreement.
  • Advised an Austrian steel trader on drafting and negotiation of lease agreements in relation to logistic and storage premises.
  • Advised a GTC affiliate company, developing a two-phased office project in Sofia with a total gross leasable area of c. 32,000m², on the negotiation of a lease agreement with an anchor tenant.
  • Advised Tesla, on bringing their charging stations lease documentation in compliance with Bulgarian law and on all related permitting and registration matters.

Financing

  • Advised UniCredit Bank Austria on the restructuring of a real estate financing in Bulgaria.
  • Advised OTP Bank / DSK Bank on the refinancing of two shopping malls including structuring, due diligence, new finance documents, signing and closing.
  • Advised UniCredit S.p.A. / UniCredit Bulbank on the restructuring of a €116m real estate financing, tax and corporate restructuring, debt deleveraging, new development, amendment and restatement of facilities agreement and new security package.

 

Facts and figures

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Located in Sofia

2 real estate partners
and 9 lawyers

Languages: Bulgarian, English,
German, French, Hebrew
and Russian

Key contacts

Contact
Antonia Kehayova
Antonia Kehayova
Senior Associate
Attorney-at-Law
T +359 2 447 1322
Jenia Dimitrova
Jenia Dimitrova
Counsel
Head of Real Estate
T +359 2 923 4853