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Hogan Lovells, Dorda Brugger Jordis, Cechova & Partners, Grama Schwaighofer Vondrak, and Rowan Legal Advise on Warehouse Portfolio Sale

Hogan Lovells, Dorda Brugger Jordis, Cechova & Partners, Grama Schwaighofer Vondrak, and Rowan Legal Advise on Warehouse Portfolio Sale

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Partos & Noblet, the associated Budapest office of Hogan Lovells, working with Grama Schwaighofer Vondrak Rechtsanwalte in Austria and Rowan Legal in Slovakia, has advised South Africa's JSE-listed Accelerate Property Fund on the acquisition and financing of a portfolio of nine retail warehouse properties tenanted by OBI subsidiaries from the Supernova Privatstiftung group. Supernova was advised by Dorda with Slovak law advice provided by Cechova & Partners.

The portfolio consists of six properties in Austria and three properties in Slovakia. The aggregate acquisition value is EUR 82.1 million.

The Hogan Lovells team advising the Accelerate Property Fund was led by Budapest-based real estate Partner Christopher Noblet, working with Senior Associate Laszlo Jen. Commenting on the transaction, Noblet said: "We feel privileged to have been able to work together with Accelerate Property Fund on this acquisition, their first deal in Europe."

Assisting Hogan Lovells on Austrian law aspects was a Grama Schwaighofer Vondrak Rechtsanwalte team led by Attorney Georg Zacherl and including Banking Partner Wolfgang Freund, Real Estate Partner Andreas Schwaighofer, and Associate Maximilian Waldstein. The Rowan Legal team advising on Slovak law was led by Partner L'udovit Micinsky.

The Dorda team advising Supernova was led by Partner Felix Horlsberger and Attorney Christian Ritschka. Slovak law advice was provided by Partner Katarina Cechova of Cechova & Partners.  

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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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