IFLR1000

KGAL Investment Management €60 million acquisition of Kalvin Square and City Zen buildings

25/8/2017
Private acquisition
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€ 60 million

$ 71.2 million

Completed

25/8/2017

Overview:

  • KGAL Investment Management has acquired Budapest office buildings Kalvin Square and City Zen for €60 million from Europa Capital.
  • The two office building are in downtown Budapest and are rated category A for office complexes.

 Katrin Kostadinova - Data analyst 

Jurisdiction:

Hungary

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

Hungary

Industry sector:

Real estate

Firms:
Dentons Réczicza

Party: KGAL Investment Management (Acquirer)

Lawyers: Judit Kővári, Marcell Szőnyi

Weil Gotshal & Manges

Party: Europa Capital (Seller)

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