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Noerr Advises K&H Bank on Financing for Acquisition of and CMS Advises Siemens on Sale of Real Estate Complex in Budapest

Noerr Advises K&H Bank on Financing for Acquisition of and CMS Advises Siemens on Sale of Real Estate Complex in Budapest

Hungary
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Noerr has advised K&H Bank on the financing of the Wing Groups’ acquisition of the "Siemens Offices" real estate complex in Budapest from Siemens. CMS advised Siemens on the acquisition itself, while DLA Piper reportedly advised Wing.

The property acquired by K&H Bank has approximately 40 thousand square meters of rentable area, which includes eight properties. A part of the area is rented by Siemens.

The Noerr team was led by Partner Edina Schweizer.  

The CMS team consisted of Partner Gabor Czike and Associate Nora Devenyi.

DLA Piper at a Glance

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, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.