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Largest transaction on Bulgarian real estate market (2007/12/18)
Eurolex Bulgaria was the legal consultant of Bridgecorp Jsc on the acquisition by the client of the parent companies of LANDMARK PROPERTY MANAGEMENT S.A., one of the biggest companies on the real estate market in Bulgaria (the Buyer’s consultant was Credit Swiss Securities and CMS Cameron McKenna). Bridgecorp Jsc is owned by the current managers of Landmark Bulgaria – Richard Macdonald and Tanya Koseva-Boshova. The portfolio of the group consists of 22 properties in Bulgaria and 1 in Turkey, with a total lease area of 92,300 sq. m, and 61,400 sq. m of land for building purposes. The assets of Landmark include also several office buildings in Sofia and Varna, a commercial park in Plovdiv, land intended for the construction of a golf course project and a university building in Istanbul. Amongst the main lessee in the Landmarks buildings are Post Bank, Nova TV, Deutsche Bank, DHL, CMS Cameron McKenna, Baumax, Deloitte, EVN, Unica, and Alexandra Video.

The value of the deal is 210 million Euros, which makes it the biggest transaction on the Bulgarian real estate market so far.

The Company


“Eurolex Bulgaria” Ltd. is a consulting company, providing highly professional business legal, finance and accounting services to Bulgarian and foreign companies and individuals in their activity in multiple sectors of the dynamically developing Bulgarian economy. The company consults also public persons in connection with the economic and administrative reforms, implementation of big investment projects, branch management etc. “Eurolex” is working on many projects, financed by authoritative international institutions like the World Bank, The European Bank for reconstruction and development, The Japanese bank for international cooperation, The European investment bank, USAID, CIDA and programs like PHARE, ISPA and SAPARD. The company's clients are among the best adapted to the new market environment in Bulgaria representatives of the private and public sector.

Since its establishment in 1997 the company made a name for itself as one of the leading companies on the Bulgarian consultancy market, mostly as a result of its highly qualified legal team and its steady policy of individual approach and high quality service to its clients.

At present the “Eurolex” team includes 5 partners, 13 legal consultants and 4 associates. The company also has a qualified team of economists and accounting specialists, which allows a complete service of the trade activity of its clients. The legal and finance experts of “Eurolex” have graduated the most prestigious educational institutions in Bulgaria and have specialized in universities and educational institutions in the USA, France, Great Britain, etc.

The company has long successful partnerships with some of the biggest international consulting companies like Cameron McKenna, Pricewaterhouse Coopers; Denton Wilde Sapte etc. “Eurolex” is a contractual party for mutual representation and partnership with Firon-Bar-Nir&Co. (Europe) Ltd., one of the biggest Israel legal companies. The company has agencies or partner legal offices in most of the big Bulgarian cities.
    


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