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Schoenherr and Szecsenyi & Partners Advise on Julius Meinl Living's Acquisition of Protected Building in Budapest from Longbridge Group

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Schoenherr has advised Julius Meinl Living on the acquisition of a protected building on Hegedu Utca in Budapest’s 6th District from Longbridge Group. Szecsenyi & Partners advised Longbridge Group.

Julius Meinl Living is an owner, developer, and operator of luxury hotels in the CEE region.

According to Schoenherr, the asset is slated for a full refurbishment and conversion into a luxury hotel to be branded The Julius Budapest, with opening currently planned for early 2029.

Longbridge Group is a developer active in hospitality projects.

The Schoenherr team included Partner Laszlo Krupl, Attorney at Law Viktoria Magyar, and Associate Gergo Levente Kaso.

The Szecsenyi & Partners team included Partners Laszlo Szecsenyi and Balazs Vagvolgyi.

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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. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

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