July 2025 – Kinstellar is pleased to announce it has advised Park Lane Developments, a leading commercial property company in Bulgaria and its joint venture with Mitiska REIM, a major real estate investor, on the acquisition of a sizeable land plot of nearly 22,000 sq. m in Varna, Bulgaria, for the development of a new retail park.
The retail park will feature a variety of national and international brands and represents a significant addition to the region’s commercial infrastructure. This marks Mitiska's third retail park investment in Bulgaria, reinforcing its growing presence in the market.
The Kinstellar team was led by Antonia Mavrova (Partner) and Atanas Mihaylov (Counsel), with key support from Denitsa Kuzeva (Senior Associate) and Simeon Vachev (Senior Associate).