Advising Real Estate Management

With respect to real estate assignments we have put stress on providing counsel to companies providing to their Bulgarian and foreign clients a wide range of related services, such as assessments, acquisitions, planning and construction, property management, representation of owners in relations with third parties, exit strategies. Our recent occupation with the Bulgarian company Home for You Ltd. is focused exactly on perfection of various models of up-to-date complex management of real estate business. We already witness the application of several appropriate legal schemes and incidental solutions in some complexes at the Black Sea Coast, such as holiday complex Oasis 1. Furthermore, we apply tailor-made legal patterns to residential areas and closed complexes under construction in Sofia and around the country, e.g. high-class residential areas Crystal Bell and Botanica.

Another significant aspect of this practice area is providing legal advice to large malls. The law firm has rendered service to one of the oldest malls in Bulgaria, i.e. TSUM, Sofia, and also represents Central Hali Mall, Sofia in litigation issues. Currently we advise Central Mall, Veliko Tarnovo with respect to management and relations with tenants.