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Kinstellar paves the way for a EUR 25 million financing deal for a new major office building in Sofia, Bulgaria

July 2020 – Kinstellar has successfully represented OTP Bank and its Bulgarian subsidiary, DSK Bank, in negotiating a EUR 25 million loan for the construction and operation of Balkan Business Center, a major office complex in Sofia.

The 20-storey building has a built-up area of nearly 50,000 m2 and combines 12 office floors and six parking levels. Construction is planned to be completed by the end of 2020.

The team was led by Svilen Issaev, Counsel and Head of the Banking & Finance practice in Sofia, and included Antonia Mavrova (Partner), Kristina Lyubenova (Senior Associate), Maya Medzhedelieva (Senior Associate) and Denitsa Kuzeva (Associate).

For more infotmation please contact Svilen Issaev, Counsel, at