Penkova & Partners Law Firm stand out for their ‘knowledge on all aspects of the construction cycle’, while also frequently advising on lease and rental agreements and construction disputes. The team has a strong foothold in the retail sector, but also advises across the residential, transport and agriculture sectors. Managing partner Victoria Penkova leads the team an is a specialist in the construction field.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Victoria Penkova has excellent reputation in the field of real estate and construction and she is able to provide high quality expertise for all aspects of the transactions. Diana Milkova is very proactive and client-oriented.’

  • ‘They stand-out in the market with their ability to act as a big law firm, to respond always on time, with their practical knowledge on all aspects of the construction cycle and with their experience and proven reputation.’

  • ‘Victoria Penkova has been instrumental in navigating highly complex cross-border construction projects, using an in-depth knowledge of local and international law. We also rely on Yavor Tankov for his ability to manage multiple stakeholders and provide effective solutions on the matters assigned to him.’

  • ‘We are working with the managing partner Victoria Penkova, who is leading the real estate and construction team of the law firm and is one of the most experienced lawyers in real estate and construction in our country.’

  • ‘Penkova & Partners Law Firm stands out with outstanding professional expertise. Even at first impression it becomes clear that the firm is very well-managed and organised.’

  • ‘Victoria Penkova is a key expert in real estate and construction, with a very high reputation and extensive knowledge in any construction issue and she is able to provide unmatched level of legal services. Yavor Tankov stands-out with his deep knowledge and ability to respond to our requirements and feedback, he is very careful in considering all circumstances and risks.’

  • ‘Penkova & Partners stand out in the real estate and construction sector for their deep industry knowledge. Their real estate and construction team is unmatched in their ability to handle every aspect of the project lifecycle, from real estate due diligence, through planning and zoning issues to the commissioning of the construction.’

  • ‘I’ve worked extensively with Victoria Penkova for more than 15 years and she is without question the go-to expert for complex real estate transactions and construction projects. She extremely skilled in drafting of construction contracts, in negotiations and commercial lease contracts. Yavor Tankov also has sharp attention to detail and strong grasp of construction law.’

Key clients

  • BLACK SEA CENTER BSC EAD (Varna Mall EAD)
  • CAF Signalling S.L. (Spain)
  • Regent's Property Advisors EAD
  • Inter Ceramic OOD
  • adidas
  • Barentz-Bulgaria EOOD
  • Saint George Palace Ltd.
  • BELENSKI INVEST OOD
  • TEDi Turgovia na drebno EOOD

Work highlights

  • Advised BLACK SEA CENTER BSC EAD (previously Varna Mall EAD) on preparation and review of commercial lease, services and insurance agreements.
  • Rendered legal advice to Regent’s Property Advisors in connection with the management of its project in the region of Pernik - Retail Park Pernik Plaza and in Northern Bulgaria - Retail Park Prista.
  • Advised CAF Signalling S.L. on numerous matters under a contract for design and construction of signaling and telecommunication systems and the European Rail Traffic Management System in connection with the development of the Sofia railway junction: Sofia – Voluyak railway section.

Practice head

The lawyer(s) leading their teams.

Victoria Penkova

Other key lawyers

Yavor Tankov, Boyanka Hristova, Diana Milkova