09
Fri, May
78 New Articles

KSB Advises on VGP’s Expansion of Warehouse Space in Slovakia and Hungary

KSB Advises on VGP’s Expansion of Warehouse Space in Slovakia and Hungary

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Kocian Solc Balastik has advised the VGP Group on expanding its warehouse space in Slovakia and Hungary.

According to KSB, "VGP has expanded the Bratislava VGP Park by 140,000 square meters of warehouse space and is in the process of building a new VGP park in Zvolen, which will have a total area of 52,000 square meters."

"In Hungary, the first stage of the Budapest Aerozone VGP Park was completed with a 10,000 square meters warehouse for tenant Boxy Logistics," the firm reported. "Three more stages are to follow to complete the entire site, which will have a total area of 50,000 square meters."

VGP is an Antwerp-headquartered logistics and semi-industrial real estate developer, manager, and owner. The company has over 300 employees and operates assets in 11 European countries directly and through its joint ventures with Allianz Real Estate.

The KSB team included Partner Jiri Hornik and Lawyer Richard Hamran.

KSB did not respond to our inquiry on the matter.

Hungary Knowledge Partner

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.

Firm's website.

Our Latest Issue