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EY Law and Andrea Kovacs Advise on Budapest Office Building Acquisition

EY Law and Andrea Kovacs Advise on Budapest Office Building Acquisition


Solo practitioner Andrea Zsuzsanna Kovacs has advised Austrian investor List Group on the sale of its Austria House office building to a Hong Kong based company backed by overseas investors. The Hong Kong company was advised by EY Law Hungary.

Austria House is located in the commercial center of Budapest at Varmegye Street 3-5. Built in 1992 and renovated in 2011, the building is now leased by a total of 13 tenants, including Takenaka, CNS Europe, and Extreme Net.

The EY Law team consisted of Managing Partner Ivan Sefer, Senior Lawyer Laszlo Krupl and trainee lawyer Mark Seres. The EY financial advisory team consisted of Zoltan Domotor, Robert Benczik, and David Antal, and the EY tax advisory team consisted of Tibor Palszabo, Peter Vadasz, and Arpad Tamas.


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Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

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