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Schoenherr and Molnar and Bereczky Advise on Situlus Holding's Sale of Industrial Site in Hungary

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Schoenherr has advised Seidel Hungaria Ingatlankezelo on its sale of an industrial asset located in Ajka, Hungary to Muszertechnika Holding. Molnar and Bereczky advised Muszertechnika Holding.

The asset has a 3,500 square meter gross leasable area.

Seidel Hungaria Ingatlankezelo is the Hungarian subsidiary of the Austrian-based Situlus Holding, an independent investment company founded in Graz.

Muszertechnika Holding operates in the industrial production and financial services sectors, with a focus on electromobility projects and the production of geodetic instruments. It is primarily active in the electronics, automotive, and real estate sectors

The Schoenherr team included Austria-based Partner Clemens Rainer and Hungary-based Partner Laszlo Krupl, Attorney at Law Lilla Szepsi Szucs, and Associate Viktoria Magyar.

The Molnar and Bereczky team included Partner Daniel Bereczky.