October 2021 – Kinstellar Sofia team has successfully supported Park Lane Developments with the largest investment deal on the Bulgarian office market for the last three years. SAP, a world leader in business software, has acquired Park Lane Office Center in Sofia.
The office building is a world-class office property developed by Park Lane Developments, part of AG Capital group. It already hosts Allianz Bulgaria headquarters which brought together 600 of its employees from 9 different locations. Recognising the potential of the building, SAP Labs has decided to invest in the property and relocate all its employees in Bulgaria to the new office centre while implementing flex work.
Kinstellar's team included Partner Antonia Mavrova and Managing Associate Atanas Mihaylov who acted as external counsel to Park Lane's in-house team.