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EY Law and Szecsenyi & Partners Advise on K6 Office Building Sale in Budapest

EY Law and Szecsenyi & Partners Advise on K6 Office Building Sale in Budapest

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EY Hungary has advised a Hong Kong based private investment fund partnering with Wigan Acquisitions as local co-investment partner on the acquisition of the K6 office building in downtown Budapest. The seller, a US-based real estate investment company, was represented by Szecsenyi & Partners.

The K6 office building is an A-category office building with approximately 1,400 square meters of office space as well as retail area on the ground floor and six upper levels. The asset is fully let out to tech company Skyscanner and to the Utazom.com travel agency.

According to EY, “this is another transaction that we advised as a ‘one-stop-shop,’ meaning that EY provided the client with assistance in legal, financial, and tax matters using the synergies of Big Four services.”

EY Law’s team included Senior Lawyer Laszlo Krupl, Partner Tibor Palszabo, Associate Partner Szabolcs Posta, and Trainee Lawyers Zsofia Marianna Kiss-Kozslik and Roberta Nazzicone, as well as Senior Managers Balazs Gal and Robert Benczik and Advisor Arpad Tamas.

The Szecsenyi & Partners team included Managing Partner Laszlo Szecsenyi and Attorney Janka Szabo. 

In response to our inquiry, Szecsenyi & Partners explained that the firm's client did not wish to be identified.

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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