Dentons has advised Belgium-based real estate developer Codic on the development of the Green Court multifunctional project in Budapest and on its EUR 77 million sale to Groupama Gan REIM. CMS reportedly advised Groupama.
According to Dentons, “the project consists of a residential, office, and retail complex with approximately 20,200 square meters of lettable space. The investor, acting on behalf of SCPI Affinites Pierre, purchased the Green Court office complex in an asset transaction, which closed successfully in November 2022.”
Dentons’ team included Partner Judit Kovari, Senior Associates Anna Gerendas and Rita Varnagy, and Associates Eszter Szolnoki, Zsombor Franko, and David Demcsak.