EY Hungary has advised a Hong Kong based private investment fund partnering with Wigan Acquisitions as local co-investment partner on the acquisition of the K6 office building in downtown Budapest. The seller, a US-based real estate investment company, was represented by Szecsenyi & Partners.
The K6 office building is an A-category office building with approximately 1,400 square meters of office space as well as retail area on the ground floor and six upper levels. The asset is fully let out to tech company Skyscanner and to the Utazom.com travel agency.
According to EY, “this is another transaction that we advised as a ‘one-stop-shop,’ meaning that EY provided the client with assistance in legal, financial, and tax matters using the synergies of Big Four services.”
EY Law’s team included Senior Lawyer Laszlo Krupl, Partner Tibor Palszabo, Associate Partner Szabolcs Posta, and Trainee Lawyers Zsofia Marianna Kiss-Kozslik and Roberta Nazzicone, as well as Senior Managers Balazs Gal and Robert Benczik and Advisor Arpad Tamas.
The Szecsenyi & Partners team included Managing Partner Laszlo Szecsenyi and Attorney Janka Szabo.
In response to our inquiry, Szecsenyi & Partners explained that the firm’s client did not wish to be identified.