Areas of practice

Real Estate & Construction Law

As real estate develops into a truly global industry, our ability to quickly and efficiently provide legal services through our network of law firms in structuring cross-border investments and transactions is essential. Furthermore, large real estate transactions demand guidance from lawyers who are thoroughly proficient not only in real property law, but in many other fields, including banking and financial, corporate, commercial and public law. Therefore the lawyers in our real estate group frequently join with other highly experienced practitioners from our firm in order to successfully execute the complicated real estate deals assigned to us. Last but not least, we are experienced in cooperating with other professionals such as architects, engineers, valuators, real estate agents, property managers, notaries public, and others.

How we can help

• We advice on real estate acquisitions and disposals, including title review, advice on choice of vehicle, deal structuring, negotiation
• We advice clients on real estate financing practices and structures available in Bulgaria, including on maters of joint ventures for real estate investments, and (together with our firms’ Financial Services Law Team) through structuring regulated REITs. We advice lenders and borrowers on real estate transactions financing, negotiating loan portfolio sales, mortgage loan syndications and participations
• We assist clients with the legal aspects of planning and development of a real estate project
• We advice on the legal aspects of property management, including leasing contracts, real estate agency agreements and mandates, building management agreements, and various outsourcing agreements
• We fully assist client with all regulatory aspects in a construction project; we assess the impact of current zoning status of a land and the maximum achievable construction parameters with regard to such land, or support our clients in the administrative procedures related to amending land use; we advise clients on environmental law and other specific regulations affecting a real estate project
• We draft agreements between investors, consultants, engineers and contractors, as well as render legal support during all stages of the construction and development of real property
• We advise clients on exit strategies, including through securitization
• We have significant experience in handling complex, long-term projects that involve drafting documentation, review, negotiations, planning, closing of deals
• We advise our client on all dispute resolution matters in the real estate industry

Key real estate and construction law practice areas

• Real estate law
• Conveyancing assistance
• Financial vehicles relevant to real estate investments
• Regulatory construction and zoning law
• Contractual construction and zoning law, contracts under FIDIC
• Commercial law relevant to real estate (use of real estate)
• Real estate related litigation