Salans Guides Heitman In Hungary Office Building Deal

Law360, New York (December 23, 2011, 5:37 PM EST) -- Real estate investment firm Heitman LLC was advised by law firm Salans on a deal to become a partner with developer TriGranit Development Corp. for four Budapest, Hungary, office buildings worth 45 billion Hungarian forint ($191 million), the law firm announced Friday.

Heitman European Property Partners IV will take a 74 percent interest in the four office buildings with about 70,000 square meters of space that Trigranit opened in 2006, the developer said in a statement. Neither the developer nor Salans provided details of the agreement....
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