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Kinstellar Advises M7 on Loan and Logistics Park Acquisition

Kinstellar Advises M7 on Loan and Logistics Park Acquisition

Hungary
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Kinstellar's Budapest and Prague offices have advised M7 Real Estate on its EUR 68.5 million senior debt facility from Starwood European Real Estate Finance and on its acquisition of Aerozone Logistics Park in Budapest from CA Immo Group and Union Invest. 

M7 recently closed its first Central European fund for third-party investors, known as M7 Central European Real Estate Fund I (M7 CEREF I), after collecting EUR 60 million of investor capital.

The multi-tenanted logistics park acquired from CA Immo Group and Union Invest covers 64,600 square meters and is located close to Budapest's airport.

The Kinstellar Budapest team was led by Partner Anthony O‘Connor and included Managing Associate Akos Mates-Lanyi and Associate Levente Hegedus. The Kinstellar Prague team was led by Partner Klara Stepankova and included Counsel Martina Brezinova and Associate Rudolf Schichor.

Kinsteller did not reply to our inquiry about the identity of counsel for the lenders in the first deal, nor the sellers in the second.

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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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