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CMS Advises Atenor on Sale of Vaci Greens Building D

CMS Advises Atenor on Sale of Vaci Greens Building D

Hungary
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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.

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

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