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Dentons Advises on Development and Sale of Green Court in Budapest

Dentons Advises on Development and Sale of Green Court in Budapest

Hungary
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Dentons has advised Belgium-based real estate developer Codic on the development of the Green Court multifunctional project in Budapest and on its EUR 77 million sale to Groupama Gan REIM. CMS reportedly advised Groupama.

According to Dentons, “the project consists of a residential, office, and retail complex with approximately 20,200 square meters of lettable space. The investor, acting on behalf of SCPI Affinites Pierre, purchased the Green Court office complex in an asset transaction, which closed successfully in November 2022.”

Dentons’ team included Partner Judit Kovari, Senior Associates Anna Gerendas and Rita Varnagy, and Associates Eszter Szolnoki, Zsombor Franko, and David Demcsak.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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