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LKT Advises GLP on Lease of Warehouse and Office Space to Fiege Group

LKT Advises GLP on Lease of Warehouse and Office Space to Fiege Group

Hungary
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Lakatos, Koves & Partners has advised GLP on the lease of a 43,000 square meters warehouse and office space within the Sziget Logistics Center to Germany-based Fiege Group.

GLP is an investment manager in the logistics real estate sector and the Fiege Group is a provider of logistics services. 

According to LKT, “the rented logistics center is located in Szigetszentmiklos, South of Buda, with direct access to the M0 ring road and brings new technical parameters to the market with its best in class features, also introducing the GLP Design Standard.” 

The LKT team included Partner Attila Ungar and Associate Kata Molnar.

The firm did not reply to our inquiry about the deal.

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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