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Oppenheim and KPMG Legal Advise on Sale of Budapest's Klotild Palace

Oppenheim and KPMG Legal Advise on Sale of Budapest's Klotild Palace

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Oppenheim has advised the Beghelli Group on the sale of Klotild Palace, an English neo-baroque building in Budapest's 5th district currently housing the Buddha-Bar Hotel Budapest, to ABA Gate Hungary Kft., a company owned by private investors from Qatar. KPMG Legal advised the buyer on the transaction, which was valued at approximately EUR 48 million.

The KPMG Legal team was led by Attorney at Law Adam Kaplonyi and included Attorney at Law Manuela Grosu and Junior Associates Mercedesz Merenyi and Imre Juhasz.

Editor's Note: After this article was published, Oppenheim informed CEE Legal Matters that its team consisted of Partner Mark Pinter, Senior Associate Janos Fodor, and Junior Associate Judit Haraszti.

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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.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

Firm's website: http://www.wolftheiss.com/

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