Oppenheim and KPMG Legal Advise on Sale of Budapest's Klotild Palace

Oppenheim and KPMG Legal Advise on Sale of Budapest's Klotild Palace

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Oppenheim has advised the Beghelli Group on the sale of Klotild Palace, an English neo-baroque building in Budapest's 5th district currently housing the Buddha-Bar Hotel Budapest, to ABA Gate Hungary Kft., a company owned by private investors from Qatar. KPMG Legal advised the buyer on the transaction, which was valued at approximately EUR 48 million.

The KPMG Legal team was led by Attorney at Law Adam Kaplonyi and included Attorney at Law Manuela Grosu and Junior Associates Mercedesz Merenyi and Imre Juhasz.

Editor's Note: After this article was published, Oppenheim informed CEE Legal Matters that its team consisted of Partner Mark Pinter, Senior Associate Janos Fodor, and Junior Associate Judit Haraszti.