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CMS and Hristov & Partners Advise on Cordeel’s Sale of Sofcor Logistics to CTP

CMS and Hristov & Partners Advise on Cordeel’s Sale of Sofcor Logistics to CTP

Bulgaria
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CMS has advised Cordeel Group N.V. on the sale of a mixed-use logistics and office development to CTP. Hristov & Partners advised the buyer on the deal.

According to CMS, the acquisition was structured as a share deal in respect of the shares in Cordeel’s subsidiary Sofcor Logistics EOOD. “The development consists of 31,000 square meters of warehouses and 4,000 square meters of offices and is leased to Orbico, one of the largest distribution companies in Bulgaria, under a long-term build-to-suit lease.”

CMS’s team included Partner Atanas Bangachev, Counsel Jenia Dimitrova, and Trainee Diyan Georgiev.

Hristov & Partners’ team included Partners Pavel Hristov and Biliana Shagova, Senior Associate Dragomir Stefanov, and Of Counsel Kremena Stoyanova.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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