Andonov & Radinska Law Firm > Sofia, Bulgaria > Firm Profile

Andonov & Radinska Law Firm
1000 SOFIA

Bulgaria > Real estate and construction Tier 1

Andonov & Radinska Law Firm’s track record in real estate and construction mandates is unparalleled, as the team advises on high-profile transactions and projects, notably involving shopping malls, as well as retail and office lease agreements, multiplexes and energy plants, among others. Founding partners Hristo Andonov and Diliana Radinska jointly lead the practice group and are noted for their expertise in handling major projects in this space. The team counts New Europe Property Investments Rockcastle, JYSK and Avestus Capital Partners among its roster of key clients.

Practice head(s):

Hristo Andonov; Diliana Radinska

Other key lawyers:

Snejana Hristozova; Katerina Uzunova


‘In-depth knowledge and understanding of the sphere of business, unmatched attention to details.’

‘Partner Diliana Radinska is extremely engaged, thorough and knowledgeable on all aspects.’

Key clients

Mall Plovdiv


Global City Holdings


Avestus Capital Partners

Delta Planet Mall


Paradise Center Sofia

Serdika Center Sofia

NEPI Rockcastle

John Cotton Group

Apleona HSG

Work highlights

  • Advised New Europe Property Investments Rockcastle in respect of new leases and renewal of its existing commercial leases and property management services portfolio, in Paradise Center and Serdika Center, at a total value of $500m.
  • Advised Avestus Capital Partners regarding new leases and renewal of its existing commercial leases and property management services portfolio, in Mall Plovdiv, at a total value of €10m.
  • Advised John Cotton Group (UK) in respect of a long-term lease acquisition of 4,000 m2 production facilities and buildings in Sofia for the start-up of its first pillows and duvets factory in Bulgaria.

The firm: Andonov & Radinska specialises in providing legal services to foreign investors and businesses in Bulgaria. The core areas are M&A, real estate, real estate projects and developments, construction, energy, companies and joint venture, banking and finance, corporate and commercial, antitrust, employment and intellectual property.

A&R enjoys a solid record of successful mandates on projects, some of which are recognised as benchmarks for Bulgaria, as well as a clientele of international and domestic businesses of high reputation and integrity, among them General Electric, Computer Sciences Corporation (CSC), PCC Germany, Quinlan Private, Avestus Capital Partners, Europa Capital Partners, Southeast Europe Equity Fund (SEEF), Eleven Accelerator Venture Fund, Gefco France, Global City Holdings, Cineworld, Ogilvy, KPMG, Intersnack, ZyXEL, Belvedere Group, Bulgarian Health Insurance Fund, Cibank (KBC Group), Bank Leumi, Raiffeisen Leasing, Lindner and Yellow Book USA.

The quality of service and vast expertise, combined with an in-depth understanding of clients’ businesses and goals, give A&R a sharp competitive edge in the Bulgarian legal market. It has been recognised both by clients and in the guild, where the firm successfully co-operates, on an ad hoc basis, with foreign law firms in matters related to Bulgaria among them Baker and McKenzie, Weil, Eversheds, Hogan Lovells, Jones Day, Herzog Fox & Neeman.

Areas of practice: A&R has been at the top of the Bulgarian real estate market in recent years. The firm has acted as legal counsel to some of the biggest and most successful real estate projects and transactions, covering shopping malls, commercial centres, office developments, solar parks, wind power parks, farms and vineyards, oil refineries, residential developments, hospitals, factories and industrial sites, infrastructure networks, as well as virtually all aspects of the related activities: title reviews, due diligence, transaction structuring, acquisition documentation, financing, construction contracts, management contracts and exit. A&R’s achievements in this field won it the World Finance ‘Best Real Estate Law Firm in Bulgaria’ award. Similarly highly rated is A&R’s work in the area of M&A, where in the last few years the firm has been engaged in over 60 M&A transactions varying from mid-size to €120m+. Through years of varied experience, A&R has proven its competence and ability to carry a deal through, whether working on the seller or buyer side. It provides comprehensive legal advice and assistance from the efficient structuring of a transaction, execution of transaction term sheets and the establishment of the investment vehicle (companies or joint ventures), through to the due diligence process, negotiation and drafting of transaction documents, obtaining of finance and ensuring regulatory compliance, to the successful closing and post-closing matters.

Corporate and commercial services are an important instrument in developing long-term partnerships between a firm and its clients. A&R has many success stories of such partnerships and the vast majority of clients have not only mandated the firm in the initial steps of their investment but have relied on the firm’s ongoing assistance in the legal aspects of their day-to-day operations. Such assistance includes advising on corporate and regulatory matters, employment issues, data protection and management, financing and corporate restructuring, as well as drafting and counselling on all types of business-specific contracts.

Banking and finance is another sector in which A&R has gained considerable experience and recognition through representing both financial institutions and borrowers, with a particular focus on project finance, working capital loans and asset leases.

IP rights have become another of A&R’s core service areas. The firm has substantial experience in trade marks and copyrights.

M&A Hristo Andonov
M&A Diliana Radinska
Real estate Hristo Andonov
Real estate Snejana Hristozova
Projects and construction Hristo Andonov
Projects and construction Diliana Radinska
Banking and finance Hristo Andonov
Banking and finance Jana Pehlivanska
Corporate and commercial Diliana Radinska
Corporate and commercial Silvana Angelova
Contracts Diliana Radinska
Contracts Jana Pehlivanska
IPR Diliana Radinska
IPR Jana Pehlivanska
Employment Silvana Angelova
Regulatory Katerina Uzunova
Companies Silvana Angelova
Energy and renewable energies Jana Pehlivanska
Energy and renewable energies Snejana Hristozova
Antitrust and competition Diliana Radinska
Antitrust and competition Jana Pehlivanska
Litigation and arbitration Hristo Andonov
Litigation and arbitration Diliana Radinska
Number of lawyers : 10