CMS Budapest has advised Belgian real estate developer Atenor on the sale of Building D of the Vaci Greens complex to an unnamed Hungarian private fund.
The Vaci Greens complex, which was initiated by Atenor in 2008, includes six Class A office buildings with a total surface area of over 130,000 square meters. The complex, which is located in the heart of the dynamic Vaci Corridor business district in the Hungarian capital, has obtained the "BREEAM Excellent" environmental certificate. The 15,650 square meter Building D is already 60% pre-leased to high-profile international tenants such as Unilever, Aon, and Atos.
Previously, CMS Budapest has also advised Atenor on the sale of Vaci Green Building A (as reported by CEE Legal Matters on February 20, 2017) and Building C (as reported on December 19, 2016).
The CMS team assisting Atenor was led by Partner Gabor Czike and included lawyers Ildiko Bodas and Mark Molnar.
CMS did not reply to an inquiry about counsel for the buyers.
