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CEELM Comparative Legal Guide: Corporate Governance 2023

Schoenherr Advises Fressnapf Hungary on Millennium Gardens Lease

Schoenherr Advises Fressnapf Hungary on Millennium Gardens Lease

Hungary
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Schoenherr has advised Fressnapf Hungary on its agreement to lease 1,700 square meters of office space in the Millennium Gardens building from TriGranit. Orban & Perlaki reportedly advised TriGranit.

According to Schoenherr, Millennium Gardens, "located in the 9th district of Budapest, will consist of an office building with a total leasable area of approximately 37,000 square meters. The office complex is the last new office building on the Danube riverbank in south Buda and is expected to receive a BREEAM certification."

Fressnapf is a Germany-based pet-food company, operating in Hungary since 2002.

Founded in 1997, TriGranit is a real estate development platform operating in Central Europe. The company has offices in Budapest, Warsaw, and Krakow.

The Schoenherr team was led by Attorney-at-Law Laszlo Krupl and included Attorney-at-Law Adrian Menczelesz.

OPL at a Glance

OPL is a legal consultancy in Budapest which works in partnership with the leading challenger law firm, gunnercooke. Our office is 35+ strong which lands us in the Top 10 of the Hungarian legal market in size, but our team members come from 8 different countries which makes us one of the most diverse and international legal teams in whole CEE region. But we are unique from other perspectives as well: OPL gunnercooke is an eco-system consisting of many legal ventures owned by OPL. We own one of the region’s leading policy and regulatory firms, but we also own a legal software developer company, a monitoring boutique, and a legal startup which matches freelance lawyers with clients via an online platform. With the combined offering of these companies, our clients may receive not only a comprehensive legal support, but also a unique perspective.

We are proud of our employment law practice. The team consists of practicing lawyers, HR professionals and academics, which make them capable of handling the most comprehesive and sophisticated labour queries. OPL’s employment team serves multinational clients, NGOs, trade unions and SMEs, but our team members are very socially consious, so the team often takes on employment matters of private individuals as pro bono cases.

Apart from the usual day-to-day contentious and non-contentious employment and data protection questions from clients, our tea also regularly carries out project-based services of differing scale. This can vary from conducting complex employment compliance programs to revising or drafting HR policies through matters concerning collective redundancy until transfer of undertakings. We also provide training to management, human resources professionals and staff on all aspects of employment law.

In the recent years, we built up a network of employment law specialists in the CEE region, with whom we cooperate on an everyday basis. Through this network, we advise clients on their employment and labour matters as a single point of contact across the whole region.

We have been a best friend of the international alliance, L&E Global since 2019. Our employment lawyers regularly contribute to hrportal.hu, a major website for Hungarian HR professionals and the European Employment Law Cases (EELC), an online database of judgements of national courts, the European Court of Justice and the European Court of Human Rights in the field of employment law.

You can learn more about the Firm at OPL's website.