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Kinstellar and CMS Advise on Mitiska REIM’s Joint Venture with Park Lane Developments for Development of Retail Parks in Bulgaria

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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.

Kinstellar at a Glance

Kinstellar is a leading independent law firm in Emerging Europe, Turkey and Central Asia, with offices in Bulgaria (Sofia), Croatia (Zagreb), the Czech Republic (Prague), Hungary (Budapest), Kazakhstan (Almaty and Astana), Romania (Bucharest), Serbia (Belgrade), Slovakia (Bratislava), Turkey (Istanbul), Ukraine (Kyiv), and Uzbekistan (Tashkent).

Operating as a single fully integrated firm, Kinstellar delivers consistently high quality services across all jurisdictions in an integrated and seamless style. We are particularly well suited to servicing complex transactions and advisory requirements spanning several jurisdictions.

Firm's website.