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Kinstellar Assists Rubik Ventures on Sale of Budapest Office Building

Kinstellar Assists Rubik Ventures on Sale of Budapest Office Building

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Kinstellar has assisted Rubik Ventures (Luxembourg) on its sale of the SPV owning an office building in Budapest to Videoton Group. The property, located at 30 Bocskai St., in Budapest's 11th district, is 5,000 square meters and is fully leased to Colas Hungaria Zrt.

The Kinstellar team consisted of Counsel Akos Nagy, Managing Associate Monika Frank, Associate Agnes Szabo, and Junior Associate Barnabas Sagi.

When contacted by CEE Legal Matters, Kinstellar explained that it was not able to disclose more details on the deal, including the identity of the buyers or their counsel.

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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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