bpv JÁDI NÉMETH advised FLE GmbH in buying Office Garden I

24 January 2017

bpv JÁDI NÉMETH has acted as sole legal counsel of the purchaser in a recently closed major Hungarian real estate deal; the acquisition of Office Garden I, a category A office building in Budapest's 11th district. 

Our firm carried out the pre-acquisition due diligence and provided complex advisory for the buyer FLE GmbH during the whole course of the purchase of this high quality real estate. The team was led by Dr Marc-Tell Madl, LL.M. MBA and consisted of Dr Attila M. Kovács, partner who mainly worked on the financing aspects of the deal as well as Dr Balázs Kovács, senior associate, whose real estate sector specific knowledge also secured the outstanding professional care and diligence in this matter.

FLE GmbH (part of the LFPI Group) is headquartered in Vienna, Austria and received full administrative and professional support of the German native speaker colleagues at bpv JÁDI NÉMETH.

Dr. Marc-Tell Madl, LL.M. MBA commented on the deal: We were happy to provide legal support for another German speaking client in a strategically important deal securing the first step in our Client’s expansion into the CEE market.