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Kinstellar advises Allianz Bulgaria on the largest office property deal on the Bulgarian market in 2020

December 2020 – Kinstellar has successfully advised Allianz Bulgaria on the consolidation of its operations in one office building in Sofia—Park Lane Office Center. The property is currently under construction and expected to be completed by mid-2021.

Kinstellar’s real estate team in Sofia successfully supported Allianz with the structuring of leasing relations, the implementation of the built-to-suit concept, and property management aspects. Allianz signed a ten-year agreement with the building developer, Park Lane Developments, for the lease of 6,000 sq. m. over three floors—a move that marks the most significant office leasing transaction in Bulgaria in 2020.

The consolidation of the group in this modern building will contribute to a healthy and efficient work environment appealing to both Allianz’s customers and employees.

Kinstellar Sofia’s team included Antonia Mavrova (Partner) and Atanas Mihaylov (Managing Associate).

For more information please contact Antonia Mavrova, at

e-mail

.