Penkov, Markov & Partners' wide-ranging real estate and project development practice encompasses advice on high-profile real estate construction projects, including luxury real estate developments, major transactions, the acquisition of land for energy infrastructure, and real estate litigation. Milena Gaidarska is frequently instructed on major construction projects, in which she completes due diligence reports, gives administrative support and secures permits from the relevant authorities. Atanas Valov is another key practitioner in the team and is an ‘established and well-known name in this field’.
Testimonials
Collated independently by Legal 500 research team.
- 'Milena Gaidarska is an exceptional professional with huge knowledge of the market and the technical and legal side of the procedures. She is able to carry a big workload and to manage and oversee projects efficiently. She is our most trusted advisor.'
‘We work mainly with Atanas Valov. He shows diligence, fast thinking, good negotiation skills and the ability to convince the counterparty and overcome their arguments. Milena Gaidarska shows significant knowledge of the regulatory framework regarding the construction process. She is also very experienced in property management matters. Boris Strijlev is well-prepared on our matters, hard-working and responsive.’
‘The team at Penkov, Markov & Partners, and especially Atanas Valov and Milena Gaidarska, are very smart, cooperative and experienced professionals. Atanas demonstrates exceptionally deep knowledge. He is well prepared, has great knowledge of the legislation and reacts quickly.’
‘Penkov, Markov & Partners is perhaps the top real estate legal provider in Bulgaria. We are confident that in complex legal cases they are able to come up with really clever and workable solutions by thinking outside the box.’
‘Atanas Valov has already acquired a great deal of experience and is established as a well-known name in this field. Milena Gaidarska is one of their excellent experts in real estate law who we rely on a lot. Another key team member of theirs is Boris Strijlev, who provides high-quality and very helpful legal support.’
‘The team is very dedicated and punctual. These are very important strengths when it comes to real estate restitution claims in Bulgaria.’
‘In the field of real estate, we work with Atanas Valov. He is very responsible, hardworking and customer oriented.’
‘We have received excellent services and results from Penkov, Markov and Partners, which usually surpass our expectations. The team are highly educated, motivated to solve problems and experienced. All our questions are answered, communication is excellent, and their strategy is smart.’
Key clients
- Arteks Engineering AD
- Infinity Capital AD
- Magna MK EOOD
- Nadezhda Home EOOD
- Primo Plus EOOD
- Kamsar Ink OOD
- Enikom-Sofia-Sever EOOD
- GD Capital Management AD
- Mach More OOD
- Eurostar OOD
- CEP Renewables SL
- P&O Real Estate OOD
- Borovete 1 AD
- Global Biomet EOOD
- Luxury Real Estate EOOD
- Arteks Zlaten Vek OOD
- Artstroy Group
- 4Smart OOD
- NV Create Building EOOD
- BG Nova AD
- Zagorka AD
- Klett Bulgaria OOD
- Kare Bulgaria LTD
- Glorient Investment BG OOD
- APK Brezovo OOD
- BG Plant OOD
- Imelius OOD
- Speedway EAD
Work highlights
- Advising a public company on a major acquisition of a company which owns a large number of plots of land located on the coast.
- Advising Arteks Zlaten Vek OOD on all legal matters related to the completion of the construction of the Golden Age project, with a total budget in the amount of EUR 100,000,000.
- Advising Magna MK EOOD on the development of a skyscraper, designated for multifunctional purposes (including offices, a residential park and a hotel).
Lawyers
Practice head
The lawyer(s) leading their teams.
Milena Gaidarska