Kinstellar has advised the Mitiska European Real Estate Partners 3 on its entry in Bulgaria via a joint venture with Park Lane Developments. CMS advised Park Lane Developments.
Mitiska European Real Estate Partners 3 is a real estate fund managed by Mitiska REIM, a specialist investor in European convenience real estate.
Park Lane Developments is a commercial property company developing and managing prime office, logistics/light-industrial, and retail park assets in CEE.
According to Kinstellar, Mitiska REIM and Park Lane Developments plan to “develop and open at least five prime retail parks in Bulgaria over the next five years.”
The Kinstelalr team included Partner Antonia Mavrova, Counsel Atanas Mihaylov, Senior Associate Denitsa Kuzeva, and Associate Yasen Toshev.
The CMS team included Partners Atanas Bangachev and Jenia Dimitrova, Senior Associate Katya Todorova, and Junior Associate Nikola Naydenov.
