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Noerr Advises K&H Bank on Financing for Acquisition of and CMS Advises Siemens on Sale of Real Estate Complex in Budapest

Noerr Advises K&H Bank on Financing for Acquisition of and CMS Advises Siemens on Sale of Real Estate Complex in Budapest

Hungary
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Noerr has advised K&H Bank on the financing of the Wing Groups’ acquisition of the "Siemens Offices" real estate complex in Budapest from Siemens. CMS advised Siemens on the acquisition itself, while DLA Piper reportedly advised Wing.

The property acquired by K&H Bank has approximately 40 thousand square meters of rentable area, which includes eight properties. A part of the area is rented by Siemens.

The Noerr team was led by Partner Edina Schweizer.  

The CMS team consisted of Partner Gabor Czike and Associate Nora Devenyi.

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