The real estate and construction team at Georgiev, Todorov & Co is regularly sought out by both Bulgarian and international investors for assistance in due diligence, contract drafting, acquisitions and representation in administrative matters. At the helm of the practice, Miglena Peneva is well known in the market for representing real estate entrepreneurs and construction companies in administrative and judicial proceedings. The team also benefits from Arno Mamasyan, who is active in construction projects.
Legal 500 Editorial commentary

Accolades

Client satisfaction: NPS ®

Testimonials

Collated independently by Legal 500 research team.

  • 'This practice is recognised for its exceptional expertise in real estate law, particularly in handling complex and high-value transactions with precision and efficiency. The team combines technical excellence with strong commercial acumen, ensuring that legal advice is always aligned with the client’s broader business objectives.'
  • 'Miglena Peneva shines with her professionalism, combined with her ability to communicate complex legal issues in a clear and accessible manner, which makes working with her a seamless experience. Miglena has become a trusted advisor to us, someone who not only understands the legal nuances but also appreciates the broader business context in which we operate.'
  • 'The practice is particularly strong in complex, high-value transactions and development projects, where multiple stakeholders, regulatory approvals, and financing structures intersect. It is also highly experienced in resolving disputes in the construction and real estate sectors, whether through litigation, arbitration, or negotiated settlements. Compared to other forms, the lawyers are not only adept at structuring transactions and navigating local regulations, but also at anticipating market trends and aligning advice with clients’ business strategies.'
  • 'Miglena Peneva stands out with her in-depth understanding of the sector, which combined with her sharp analytical skills, makes her a standout in the real estate sector. Her dedication to client service is exceptional. Her strategic insight, attention to detail, and unwavering commitment to achieving the best outcomes have made our collaboration both effective and enjoyable.'
  • 'I was fortunate enough to find some of the best experts I had worked with in my career at Georgiev, Todorov & Co. Without any doubt, Miglena Peneva is a lawyer who stands out with her professional attitude, vast experience, and deep knowledge in the matter of real estates. She was able to solve a very complicated property related problem, thus helping our business growth and its sustainably. Skillful and trustful lawyer who has the capability to change the game.'
  • 'The firm has really strong practice in real estate and construction, and we are very satisfied with the provided legal services. The team knows in depth all concerning regulations and on top has a strong track record in providing successful legal advising in real estate and construction, which is why they are our preferred choice of legal advisor. We have had a very successful cooperation and will continue our joint work.'

Key clients

  • BLD Zapad OOD (Part of AG Capital)
  • Park Lane Mladost OOD (Part of AG Capital)
  • EIS Construction Company AD
  • Vitez Prospect AD
  • Bulgarian Branch Chamber "Roads"
  • Agri Grain
  • Toplivo AD
  • OBONATO BUILD EOOD
  • Tobo Group
  • Atex Properties AD

Work highlights

Advised Atex Properties on the acquisition of a portfolio of Alpha Bank's properties in Bulgaria by Atex Properties, a joint venture between Atland Investment and Credilink, and the deal was successfully completed in late 2024.
Advised EIS Construction Company AD regarding the construction of the Intermodal terminal in Ruse town, investigation of the ownership and the territorial status of the properties.
Represented Agri Green in a purchase and sale transaction of a very large building in the center of Sofia (with over 12 separate sites in it), together with the land.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Miglena Peneva

Other key lawyers

Arno Mamasyan