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Dentons Advises on Development and Sale of Green Court in Budapest

Dentons Advises on Development and Sale of Green Court in Budapest

Hungary
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Dentons has advised Belgium-based real estate developer Codic on the development of the Green Court multifunctional project in Budapest and on its EUR 77 million sale to Groupama Gan REIM. CMS reportedly advised Groupama.

According to Dentons, “the project consists of a residential, office, and retail complex with approximately 20,200 square meters of lettable space. The investor, acting on behalf of SCPI Affinites Pierre, purchased the Green Court office complex in an asset transaction, which closed successfully in November 2022.”

Dentons’ team included Partner Judit Kovari, Senior Associates Anna Gerendas and Rita Varnagy, and Associates Eszter Szolnoki, Zsombor Franko, and David Demcsak.

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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.

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