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Dentons Advises KGAL on Acquisition of Kalvin Square and City Zen Office Buildings in Budapest

Dentons Advises KGAL on Acquisition of Kalvin Square and City Zen Office Buildings in Budapest

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Dentons has advised German asset manager KGAL Investment Management GmbH on its EUR 60 million acquisition of the Kalvin Square and City Zen office buildings in downtown Budapest from Europa Capital. 

The Kalvin Square Office Building is a prominent “A” category office complex on one of the busiest traffic hubs in Budapest, surrounded by amenities. The CityZen Office Building is also “A” category, freshly renovated and BREEAM certified for its high environmental standards.

The Dentons team on the deal was led by Partner Judit Kovari and included Partner Marcell Szonyi, Associates Boglarka Zsofia Joo, Judit Sos, and Eszter Fodor, and Trainee Associates Zsofia Lascsik and Kinga Nagyesi.

Weil Gotshal & Manges reportedly advised Europa Capital on the deal.

Image Source: officerentinfo.hu

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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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