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Oppenheim and Bird & Bird Advise on Sale of Arpad Center in Budapest

Oppenheim and Bird & Bird Advise on Sale of Arpad Center in Budapest

Hungary
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Oppenheim has advised Immofinanz on its sale of the Arpad Center office building in Budapest to asset and property management company ConvergenCE. Bird & Bird advised ConvergenCE on the deal.

The Arpad Center, located at the foot of the Arpad Bridge over the Danube, totals 5,400 square meters and offers 63 parking spaces. 

The Oppenheim team was led by Partner Mark Pinter and included Senior Associate Janos Fodor, Associate Judit Haraszti, and Junior Associate Kata Szanto.

The Bird & Bird team consisted of Counsel Ferenc Matrai, Senior Associate Daria Szabo, Associate Adam Boross, and Trainee Petra Matuszka.

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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