Trizechahn Corp. Hungarian Project

Philip J. Henderson, head of Stikeman, Elliott’s London office, recently led a team advising TriGránit (West End) Limited, a joint venture between Canada’s TrizecHahn Corp. and Polus Investments, on a US$110 million syndicated project loan to finance the West End City Center (photo above) in Budapest, Hungary. The development will be the first integrated retail/entertainment, office and hotel centre in Eastern Europe. With close to one million square feet of space, it is also reputed to be the largest construction project in Hungary in this century.