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Oppenheim and KPMG Legal Advise on Sale of Budapest's Klotild Palace

Oppenheim and KPMG Legal Advise on Sale of Budapest's Klotild Palace

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Oppenheim has advised the Beghelli Group on the sale of Klotild Palace, an English neo-baroque building in Budapest's 5th district currently housing the Buddha-Bar Hotel Budapest, to ABA Gate Hungary Kft., a company owned by private investors from Qatar. KPMG Legal advised the buyer on the transaction, which was valued at approximately EUR 48 million.

The KPMG Legal team was led by Attorney at Law Adam Kaplonyi and included Attorney at Law Manuela Grosu and Junior Associates Mercedesz Merenyi and Imre Juhasz.

Editor's Note: After this article was published, Oppenheim informed CEE Legal Matters that its team consisted of Partner Mark Pinter, Senior Associate Janos Fodor, and Junior Associate Judit Haraszti.

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

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