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Kinstellar Advises M7 on Loan and Logistics Park Acquisition

Kinstellar Advises M7 on Loan and Logistics Park Acquisition

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Kinstellar's Budapest and Prague offices have advised M7 Real Estate on its EUR 68.5 million senior debt facility from Starwood European Real Estate Finance and on its acquisition of Aerozone Logistics Park in Budapest from CA Immo Group and Union Invest. 

M7 recently closed its first Central European fund for third-party investors, known as M7 Central European Real Estate Fund I (M7 CEREF I), after collecting EUR 60 million of investor capital.

The multi-tenanted logistics park acquired from CA Immo Group and Union Invest covers 64,600 square meters and is located close to Budapest's airport.

The Kinstellar Budapest team was led by Partner Anthony O‘Connor and included Managing Associate Akos Mates-Lanyi and Associate Levente Hegedus. The Kinstellar Prague team was led by Partner Klara Stepankova and included Counsel Martina Brezinova and Associate Rudolf Schichor.

Kinsteller did not reply to our inquiry about the identity of counsel for the lenders in the first deal, nor the sellers in the second.

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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