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KBC Group €55 million acquisition of an office space in Millennium Center Sofia

27/6/2018
Real estate acquisition
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€ 55 million

$ 64 million

Announced

27/6/2018

Overview:

  • Millennium Center is the second highest building in Sofia and consists of office spaces, residential building and a hotel.
  • The acquired office space covers an area of 29,795 sq m over 24 floors and will be used as headquarters for KBC Group's Bulgarian subsidiaries DZI and United Bulgarian Bank.

Mihail Georgiev - Data analyst

Jurisdiction:

Bulgaria

Deal type:

Real estate acquisition

Practice area:

M&A

Governing law:

Bulgaria

Industry sector:

Real estate

Firms:
Kambourov & Partners

Party: NIKMI AD (Seller)

Tokushev & Partners

Party: KBC Group (Acquirer)

Lawyers: Ivan Antov, Stiliyan Nedev, Teodora Yakova (left the firm), Viktor Tokushev

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