Dentons advises Globe Trade Centre S.A. on acquisition of real property located in Váci út 85 in Budapest
- September 20, 2018
The newly acquired property is located in the Váci Corridor, one of Budapest’s largest and fastest growing office locations, on which GTC will start the development of Center Point 3 office building soon offering an additional approximately 35,000 sq. m. of gross leasable area of office and commercial space to the already existing space of the Center Point Office Building. With this acquisition, GTC reinforces its position as the leading developer in the Budapest property market.
“We are proud to have had the opportunity to support our long-term client GTC in this transaction,” said partner Judit Kővári, head of Dentons’ Budapest Real Estate group, who led the Firm’s deal team. “Our sustained work for one of the leading real estate players in the region is a strong endorsement of our trusted advisor status in this sector.”
Robert Snow, CEO of GTC Hungary said: "Dentons delivered a high quality and full service legal solution to assist us on this transaction, and we value their capabilities and experience.”
The Dentons team which advised on the deal was led by partner Judit Kővári, with support from associates Boglárka Zsófia Joó and Rita Várnagy, as well trainee associate Zsófia Lascsik.
For further information, please contact
Head of Business Development & Marketing – Hungary
- T: +36 1 488 5200
- E: email@example.com
Marketing and Business Development Coordinator
- T: +36 1 488 5200
- E: firstname.lastname@example.org
Dentons is the world's largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons' polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.