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Noerr Advises K&H Bank on Development Financing of Gizella Loft in Budapest

Noerr Advises K&H Bank on Development Financing of Gizella Loft in Budapest

Hungary
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Noerr’s Budapest office has advised K&H Bank on financing provided to Wing Zrt. for development of the Gizella Loft office building.

According to Noerr, Gizella Loft is "the tallest building on the Gizella Campus and one of the first office buildings on the new office corridor developing on the Ring Road in Budapest.”

Wing Zrt. is a privately owned Hungarian real estate company. During its nearly 20 years of operation, the company has invested more than EUR 1.5 million in developing real estate and has a developed project portfolio covering approximately 1 million square meters.

Noerr’s team included Partner Edina Schweizer and Junior Lawyer Barbara Herczegfalvi.

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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. 

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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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