CPI Europe Sells Marriott Hotel Budapest to Undisclosed Buyer
Deal News | Jun 27, 2025 | CEE Legal Matters
CPI Europe has successfully finalized the sale of the Marriott Hotel Budapest, with legal advice provided by the multinational law firm Oppenheim. The hotel, located in the heart of Budapest, boasts a rich history, having been constructed in 1969 and incorporated into the Marriott hotel chain in 1993. It has been under the portfolio of S IMMO AG since 2005. This iconic property features approximately 27,600 square meters of space along with 364 rooms. Oppenheim’s legal team for this transaction consisted of Partner Mark Pinter, Counsel Janos Fodor, Associate Judit Haraszti, and Junior Associate Mark Ratkai. The buyers of this prestigious real estate asset remain undisclosed.
Sectors
- Real Estate
- Hospitality
Geography
- Hungary – The Marriott Hotel is located in Budapest, Hungary.
- Central and Eastern Europe – CPI Europe and its operation in the sale of a hotel in Budapest is relevant to the CEE region.
Industry
- Real Estate – The sale of the Marriott Hotel Budapest involves the transfer of a significant real estate asset.
- Hospitality – The transaction involves the Marriott Hotel, which is part of the hospitality industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CPI Europe | Selling Company | Company | CPI Europe is the vendor of the Marriott Hotel Budapest. |
| S IMMO AG | Portfolio Owner | Company | S IMMO AG owns the portfolio which the Marriott Hotel Budapest is part of. |
| Oppenheim | Legal Advisor | Company | Oppenheim is the law firm advising CPI Europe on the sale. |
| Mark Pinter | Partner | Person | Partner at Oppenheim involved in advising on the sale. |
| Janos Fodor | Counsel | Person | Counsel at Oppenheim involved in advising on the sale. |
| Judit Haraszti | Associate | Person | Associate at Oppenheim involved in advising on the sale. |
| Mark Ratkai | Junior Associate | Person | Junior Associate at Oppenheim involved in advising on the sale. |
| Marriott Hotel Budapest | Target Company | Company | The hotel property being sold in the transaction. |