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Oppenheim Advises Immfinanz on Sale of Budapest Central Business Center to ConvergenCE

Oppenheim Advises Immfinanz on Sale of Budapest Central Business Center to ConvergenCE

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Oppenheim has advised Immofinanz on the sale of the Central Business Center office building in Budapest's 2nd district to ConvergenCE. Bird & Bird reportedly advised ConvergenCE

The building, which contains 10,000 square meters of office space with 156 parking spaces in an underground garage, also has an 800-square-meter courtyard complete with its own restaurant. 

The Oppenheim team consisted of Partner Mark Pinter, Senior Associate Janos Fodor, Associate Judit Haraszti, and Junior Associate Kata Szanto.

Editor's Note: After this article was published Bird & Bird confirmed its involvement on behalf of ConvergenCE. The firm's team consisted of Senior Associate Daria Szabo, Associate Adam Boross, and Junior Associate Petra Matuszka.

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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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