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EY Law and Andrea Kovacs Advise on Budapest Office Building Acquisition

EY Law and Andrea Kovacs Advise on Budapest Office Building Acquisition

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Solo practitioner Andrea Zsuzsanna Kovacs has advised Austrian investor List Group on the sale of its Austria House office building to a Hong Kong based company backed by overseas investors. The Hong Kong company was advised by EY Law Hungary.

Austria House is located in the commercial center of Budapest at Varmegye Street 3-5. Built in 1992 and renovated in 2011, the building is now leased by a total of 13 tenants, including Takenaka, CNS Europe, and Extreme Net.

The EY Law team consisted of Managing Partner Ivan Sefer, Senior Lawyer Laszlo Krupl and trainee lawyer Mark Seres. The EY financial advisory team consisted of Zoltan Domotor, Robert Benczik, and David Antal, and the EY tax advisory team consisted of Tibor Palszabo, Peter Vadasz, and Arpad Tamas.


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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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