Firms To Watch: Real estate and construction

Led by Andrea Jádi Németh and Adrienne Mátés, the real estate and construction team at bpv JÁDI NÉMETH Attorneys at Law focuses on construction projects within the energy sector.

Real estate and construction in Hungary

CMS

The renewable energy sector has been a particular focus area for the real estate team at CMS, along with the office, and the distribution and industrial spaces. Across Hungary and the CEE region, the practice advises on property portfolio sales and acquisitions. The team’s expertise spans all asset classes and includes industry-specific advice on construction and development projects, including relevant litigation. With over 20 years of experience in the sector, Gábor Czike leads the team alongside József Várady, who advises a diverse list of Hungarian and international clients on real estate projects. András Klupács specialises in the hotel and leisure industry, while László Jókay focuses on commercial lease agreements, including the preparation and negotiation of transactional documents.

Practice head(s):

Gábor Czike; József Várady


Other key lawyers:

András Klupács; László Jókay


Testimonials

‘If my company has a material property transaction, I always insist on working with CMS. They always provide realistic legal advice that is not only compliant, but also reflects the practice of the Hungarian governmental bodies and the reality. Gábor Czike can remain calm in any circumstances and can come up with very creative solutions when the negotiations are stuck.’

‘Gábor Czike – very wide horizontal and vertical industrial practice, calm attitude, out-of-the box solutions, practical knowledge of the administrative procedures, good understanding of the business needs.’

‘The team is very fast and provides comprehensive solutions with recommendations or alternatives. Key capabilities – good market knowledge and experience, good networking. Huge experience in real estate.’

Key clients

Primark Limited


Union Investment Real Estate GmbH


Atenor Hungary Kft.


Futureal Ingatlanfejlesztő Kft., Cordia


Fattal Properties (Europe) Ltd.


Infineon Technologies


eMAG


Groupama Gan REIM / SCPI Affinités Pierre


Rheinmetall Landsysteme GmbH


FLE Group


Work highlights


  • Advised Groupama Gan REIM, which, on behalf of French investor SCPI Affinités Pierre, has acquired the Green Court Office complex in Budapest from Belgian developer Codic Hungary and its partners Picton Group and Pesti Házak.
  • Advised Primark on the setting up of its business presence in Hungary, including its first retail lease agreement in one of the prominent shopping centres in Budapest, Aréna Plaza.
  • Assisted Futureal with the acquisition of an office building to be refurbished and a large-scale residential project, in particular advising on the land acquisition and zoning matters relevant to the project.

Dentons

With a particular focus on office, retail, hotel and logistics assets, the ‘exceptionally knowledgable’ real estate team at Dentons advises on asset and share transactions, financing, and development and leasing agreements. The practice regularly advises real estate funds on sales and purchases, while also counting contractors, retailers, hoteliers and government bodies among its diverse clientele. Practice head Judit Kővári advises developers on construction and project financing matters, and investors on refinancing projects. With a strong background in real estate and across asset classes, Marcell Szőnyi handles cross-border transactions, development and asset management issues. Anna Gerendás focuses on lease and construction contracts and property development, while Rita Várnagy advises on the gamut of real estate transactions, including joint ventures and M&A.

Practice head(s):

Judit Kővári


Other key lawyers:

Marcell Szőnyi; Anna Gerendás; Rita Várnagy; Eszter Patyi


Testimonials

‘Quick responses with concise and reliable answers. Ability to put their experience into use when compiling both SPA and leasing work.’

‘Outstanding experience in real estate in the Hungarian market, there is no huge transaction where the Dentons RE team would not be on either side. Efficient, still trustworthy.’

‘Judit Kővári – with her decades of experience she is definitely the most experienced and professional real estate lawyer on the market, she has solutions and suggestions for literally any situation, if negotiations get stuck. She is calm, reliable and that helps the clients to keep their focus on the deal.’

‘Rita Várnagy – absolute rising star, she is efficient, quick, available and great ideas, alternative solutions, trustworthy and her ‘can do’ approach gives comfort to her clients. Watch out for her in the next couple of years.’

‘Strong track record and experience across all the segments (transactions, asset management, financing and leasing).’

‘The Dentons real estate team comprises of excellent individuals with reliable knowledge on cases and their legal backgrounds. The team is very well and consciously elaborated to provide individuals with exceptional knowledge and capacity. They are flexible, fast and smart.’

‘Judit Kővári managed to provide exceptional support during the negotiations and a great ability to understand the intention of the client. Marcell Szőnyi is an excellent lawyer who can always provide the best legal advice and adjust to the commercial needs of the client.’

‘The team is exceptionally knowledgeable. The team demonstrated valuable expertise in real estate and finance when it comes to both knowledge and experience.’

Key clients

Globe Trade Centre S.A. (GTC)


Extreme Digital-eMag Korlátolt Felelősségű Társaság


SEIREN Hungary Kft.


HB Reavis Real Estate Investment SA


Groupama Gan REIM


Codic


CPI Property Group


Krisztina Pláza Holdings Korlátolt Felelősségű Társaság |(Hungarian joint venture company of White Star and AIG)


Hungarian Football Association (Magyar Labdarúgó Szövetség – MLSZ)


Macquarie


GLP


Work highlights


  • Advising Codic on the development of the Green Court multifunctional project in Budapest, and on its subsequent sale to Groupama Gan REIM.
  • Advising CPI Property Group on the sale of its Budapest office buildings portfolio to S IMMO AG.
  • Advising Groupama Gan REIM on its first investment in the CEE and on the Hungarian market, the acquisition of the Freedom Palace office building in Budapest city centre.

Hegymegi-Barakonyi and Fehérváry Baker&McKenzie Attorneys-at-Law

Led by Benedek Kovács, the real estate team at Hegymegi-Barakonyi and Fehérváry Baker&McKenzie Attorneys-at-Law continues to expand its client base beyond national and international real estate investors, to incorporate financing institutions and developers. With an established track record in property law, the group supports clients throughout the project lifecycle of high-value developments, including assisting with sale, purchase and lease issues, as well as contract negotiation, zoning matters and dispute resolution. The practice advises on greenfield and brownfield investments and has been involved in significant greenfield projects across Hungary. ESG expert Judit Haraszti advises on various relevant property and construction matters, while Petra Máté focuses on industrial property transactions and office building management.

Practice head(s):

Benedek Kovács


Other key lawyers:

Judit Haraszti; Petra Máté


Testimonials

‘We usually conduct lease negotiations with Hegymegi-Barakonyi and Fehérváry Baker&McKenzie Attorneys-at-Law, including the preparation and the post-signing duties. We are continuously impressed by the attorneys allocated to our cases and collaboration is always amicable and easy.’

‘Petra Máté is very keen to help and is extremely kind and good to work with. Benedek Kovács is a great leader and whenever we have the chance to work with him at a negotiation, he always delivers great results.’

‘Benedek Kovács is an exceptionally talented partner, with excellent communication and professional skills, able to solve complex issues and keep stakeholders satisfied, even during tense and difficult negotiations.’

Key clients

Contemporary Amperex Technology Co., Limited (CATL)


Hungarian Investment and Promotion Agency (HIPA)


Shanghai Energy New Materials Technology Co.,Ltd (SEMCORP)


La Société Générale Immobiliere (LSGI)


Deutsche Telekom


VGP


Atenor


Jones Lang LaSalle


Sunwoda Techonoligies


CTP


Dereif Funds


Lidl


Tesco


Work highlights


  • Advised JLL on the sale of its business lines in the CEE region – including Romania, Czechia, Slovakia and Hungary – to iO Partners.
  • Acted as transaction counsel in connection with Sunwoda’s €1.5bn greenfield investment, which involved the acquisition of land plots for Sunwoda to construct its battery manufacturing plant.
  • Advised Tesco on the conclusion of a built-to suit warehouse lease agreement with CTP for the relocation of TESCO’s distribution centre to Szigetszentmiklós.

Lakatos, Köves and Partners

The dedicated team of real estate experts at Lakatos, Köves and Partners advises on development projects, ongoing portfolio management activity, acquisitions and disposals. In tandem with the firm’s finance and tax groups, the team assists with project financings, and asset and share deals. With 25 years’ experience in the sector, Attila Ungár leads the team. Ágnes Hegyi fields over 20 years’ experience in real estate transactions, as well as property management, construction and development. With expertise across various asset classes, including offices, shopping centres and hotels, Katalin Losonci advises on acquisition, development and leasing issues. Zsuzsanna Ilyés handles property operational matters, as well as advising on solar park and shopping centre projects. Specialising in the retail and office segment, Kata Molnár advises on international real estate transactions. In team news, Péter Berethalmi and Viktor Jéger joined from Nagy és Trócsányi Ügyvédi Iroda in January and March 2024, respectively.

Practice head(s):

Attila Ungár


Other key lawyers:

Ágnes Hegyi; Zsuzsanna Ilyés; Katalin Losonci; Kata Molnár; Lilla Szepsi Szűcs; Péter Berethalmi; Zsuzsanna Lukács


Testimonials

‘Lakatos, Köves and Partners’ real estate team is very knowledgeable and equally approachable. They are able to combine their legal knowledge with a pragmatic approach and never lose sight of the interests of our business. They are straight-talking and they understand and solve the problem before it becomes one.’

Attila Ungár is very talented, assertive and quickly understands the deep aspects of the cases. He has substantial experience assisting clients in a very broad array of real estate matters. He is great to work with, because he applies his in-depth real estate law knowledge to provide objective and swift answers, and he is always available.’

Key clients

Nippon Paper Industry


Indotek Group


GLP


Fidelidade – Companhia de Seguros, S.A.


Vodafone


Wizzair


Convergence


Goddard Littlefair


Care Park


Foster Electric (Hungary) Kft.


Mars


Work highlights


  • Advised Japan’s Nippon Paper Industries on a greenfield investment, including the acquisition and development of an industry site and construction of a plant in Hungary.
  • Advising Indotek on the acquisition of My-Box Debrecen Shopping Mall and, in parallel to the acquisition, advised on a lease negotiation securing Lidl as anchor tenant.
  • Advising GLP on its Hungarian real estate matters, including assisting with the leasing of its logistics building.

Siegler Bird & Bird Ügyvédi Iroda

Siegler Bird & Bird Ügyvédi Iroda fields a ‘responsive and reliable’ real estate and construction practice, supporting clients through the full lifecycle of both private and public real estate projects. The team handles the gamut of matters arising as a result of development and construction, including disputes, as well as investments, financings and acquisitions. With an extensive client base that spans Hungary and the CEE region, practice head Ferenc Mátrai advises property developers and investors, construction companies, and public procurement and private equity firms. David Dederick leads on cross-border real estate transactions. Péter Rippel-Szabó’s particular area of expertise is the office segment, where he advises on lease agreements, refurbishment and operations. Kristóf Hevér and Mátyás Rada round out the practice’s strong junior offering.

Practice head(s):

Ferenc Mátrai


Other key lawyers:

David Dederick; Péter Rippel-Szabó; Kristóf Hevér; Mátyás Rada


Testimonials

‘My experience is that the team was always responsive and reliable. Collaboration was smooth, and every team member knew who we were. Therefore, their service was a good combination of the expertise of a large company and the friendly atmosphere of a small company.’

‘I worked closely with Péter Rippel-Szabó. Our collaboration was smooth; he listened to our problems and represented our company with expertise. He remembered small details whenever I called him, and I felt he did care about our problems. During in-person meetings with our partners, he was calm and acted professionally. He was always responsive, and I could reach him anytime.’

‘They are strong as individuals and also as a team. In case of complex issues, they work together to advise on the best solution.’

‘My first point of contact was Péter Rippel-Szabó, who is a dedicated person. He has a really good track record, gives good advice and is task oriented. We could work really quickly in case of difficult cases as well. He is dedicated and he was always reachable when he was needed, or he contacted me back. His work was accurate. In case of negotiations, he was really helpful and professional. I recommend him in case of any real estate-related legal work.’

‘Very good professionals, comprehensive understanding of our company needs and business processes, great handling of our specific internal process. Very strong negotiation skills, focusing on the objectives and a high level of legal overview or advice was given each time in a very timely, responsive manner.’

‘Péter Rippel-Szabó has an extremely good legal perspective of our business, very good negotiation skills, precise responses, always responding in a timely manner, supporting with an extraordinary good legal and economical view and overview of the discussed topics.’

Key clients

MOL


Adriatic Marinas d.o.o.


Danubius Hotels


WING Zrt.


Hungarian State


TriGranit


Wallis Assset Management


International Working Group (IWG)


OMV


Work highlights


  • Advised MOL on a real property development project, including the development and construction of a skyrise building in Budapest.
  • Advising Adriatic Marinas on the development of Boka Place and the Synchro Project, both of which are mixed-use developments.
  • Advising a privately-owned real estate platform in Central Europe on the development and construction of Millennium Gardens, TriGranit’s newest office development at the Millennium City Center in Budapest.

Andrékó Ferenczi Kinstellar

Greenfield projects, including energy and industrial developments, are a recent area of increased activity for the real estate team at Andrékó Ferenczi Kinstellar. The group’s expertise encompasses all real estate transactions and disputes, focusing primarily on acquisitions and disposals, development and asset management. With over 16 years’ experience, Mónika Frank co-leads the team, advising a diverse list of investors and developers on disposal, development and financing across all asset classes. Frank's counterpart Barnabás Sági specialises in construction projects and real estate developments. Bertalan Ványa supports with greenfield investments matters, as well as real estate acquisition and leasing.

Practice head(s):

Mónika Frank; Barnabás Sági


Other key lawyers:

Annamária Csenterics; Gábor Gelencsér; Bertalan Ványa


Testimonials

‘The team is a good mixture of young and experienced practitioners. The team is very reliable, delivers results on time and of excellent quality. All employees communicate well, are accessible to the client anytime. In general, a very trustworthy partner with a lot of experience on the real estate market and of all legal topics necessary to establish a business.’

‘Very versatile and skilled practitioners. Working to a high professional level (on time, great input and feedback, using tools and software very well).’

‘The firm has an all-round complete team that is capable of managing legal questions from different areas of expertise very swiftly. Excellent know-how in the practice area in question and of applicable common market practice. Were able to involve internal specialists from adjacent fields at short notice for competent clarification of specific issues.’

‘Barnabás Sági and Bertalan Ványa: very diligent and fast working on all legal documents, very good in contract negotiations with the other party, very good guidance throughout the entire transaction process, high responsiveness and reliablity.’

‘Barnabás Sági has a solid knowledge of the market and combines it with excellent legal skills. He stands out because he is very pragmatic at the same time and always solution oriented. Great overview at all times without losing sight of legal and formal details. Excellent preparation of a smooth closing process.’

‘I had the pleasure of working with the firm on two complex high-value transactions, and I can’t praise them enough for their exceptional service. The entire team operates at the highest level of professionalism. From our initial consultation to the resolution of my case, their dedication and expertise were evident. The firm possesses an incredible depth of legal knowledge and a strategic approach that led to a successful outcome. I wholeheartedly recommend them to anyone seeking professional real estate transactional knowledge. Their remarkable team goes above and beyond to deliver outstanding results. ’

‘From the team I would like to highlight Barnabás Sági. I am truly grateful for his exceptional legal expertise and dedication. Barnabás is an incredibly skilled transactional attorney.’

‘Throughout our transactions, Barnabás Sági displayed a deep understanding of the law and provided clear guidance that helped us navigate through complex legal issues. What sets Barnabás apart is his unwavering commitment to achieving the best possible outcome for his clients. He puts in the time and effort needed to secure a successful resolution, and his professionalism was exemplary. I couldn’t have asked for a better legal representative than Barnabás. I highly recommend his services to anyone in need of a dedicated and highly competent attorney.’

Key clients

S IMMO AG


Infogroup


LX Pantos


KÉSZ Group


Resolution Property


ROCKWOOD Ingatlan Kft.


SK On (former name: SK Innovation)


Work highlights


  • Advising S IMMO AG on the acquisition of eight properties and one land plot in Budapest from CPI Property Group, with a total lettable area of around 109,000 square metres.
  • Advising S IMMO AG on the acquisition of six office properties in Budapest from Immofinanz AG, comprising around 124,000 square metres of main usable space.
  • Advising Resolution Property on the asset management and leasing of premises in two category A office buildings, known as Buda Square and Margit Palace, both of which are located in Budapest.

Deloitte Legal Göndöcz and Partners Law Firm

Greenfield and renewable energy investors are key clients for the real estate team at Deloitte Legal Göndöcz and Partners Law Firm, particularly solar power plant investors. The team advises on real estate portfolio acquisitions, as well as operation and development. Practice c0-head Péter Göndöcz‘s corporate focus makes him well positioned to advise real estate clients on M&A transactions. With experience on both the landlord and tenant sides, Göndöcz's counterpart Magdolna Csider specialises in complex lease agreements. Gábor Babus is noted for his ‘exceptional expertise’ in real estate investment trusts and funds. Zsolt Pintér was promoted to managing associate in September 2023.

Practice head(s):

Péter Göndöcz; Magdolna Csider


Other key lawyers:

Gábor Babus; Zsolt Pintér


Testimonials

‘Innovative solutions for the ever-changing environment. Friendly, professional and flexible client handling. Short response time to any questions.’

‘Gábor Babus is appreciated for innovative solutions for the ever-changing environment. He is friendly, professional and flexible in client handling. Gábor responds quickly to any questions and is recognised for partner-level professional knowledge.

‘Zsolt Pintér is appreciated for committed client handling and sound professional knowledge.’

‘We have a long-lasting relationship with Deloitte Legal Göndöcz and Partners Law Firm. They are a distinguished member of our legal panel. The cooperation is excellent, we can rely on their prompt legal advice, whenever it is needed. Billing is very transparent.’

‘Based on our experience, Deloitte Legal Göndöcz and Partners Law Firm has a good team, which consists of reliable lawyers, who have strong business acumen, robust legal knowledge.’

‘Gábor Babus possesses an exceptional expertise in real estate law. With his solid legal background, he supported us with great confidence in navigating even the most complex legal challenges. His keen insights into the nuances of property law, contracts, and negotiations are instrumental in ensuring that our interests and investments are properly safeguarded.’

‘Our colleagues admire Gábor Babus for his sharp analytical skills, persuasive advocacy and unwavering commitment to achieving the best possible outcomes.’

‘We consider Gábor Babus to be a key resource within the firm for addressing any legal issues we face. From our part, we believe he is one of the top talents within the firm, with excellent organising skills.’

Key clients

Adventum


Chervon Auto


Veeva


EVE Power


ABO Wind


Bank of China


SONEAS


CTP


Electraplan


Samsung SDI


Wellis


Work highlights


  • Assisting EVE Power with the acquisition of a site for its future manufacturing plant in Hungary, including providing advice on environmental, archaeological and public utility matters.
  • Advising Chervon Auto on the construction of its new Hungarian manufacturing plant, as well as providing support with all legal matters in connection with ramping up its Hungarian operations.
  • Advising Veeva on the negotiation of the lease of its new Hungarian headquarters.

DLA Piper Posztl, Nemescsói, Györfi-Tóth and Partners Law Firm

With a holistic offering that covers all aspects of property law, as well as providing related tax and business advice, DLA Piper Posztl, Nemescsói, Györfi-Tóth and Partners Law Firm‘s real estate team advises a diverse client base of developers, investors, banks and contractors on real estate fund formation, acquisitions and lease agreements. The restructuring of agricultural land for energy and industrial project development is a notable niche specialism. Leveraging over 20 years’ experience, Gábor Borbély leads the team. Bettina Boncok advises on commercial real estate transactions and developments, from due diligence to closure, while Angéla Tóth advises on construction contracts and fund management agreements. 2023 saw significant team expansion at the senior associate level, with Tamás Balogh joining from Lakatos, Köves and Partners; Anikó Edit Szűcs joining from Siegler Bird & Bird Ügyvédi Iroda; and Viktória Molnár joining from GTC Real Estate.

Practice head(s):

Gábor Borbély


Other key lawyers:

Bettina Boncok; Angéla Tóth; Tamás Balogh; Anikó Edit Szűcs; Viktória Molnár


Testimonials

‘Maximum focus on the real needs of the client, transparent risk description, and ways to eliminate or minimise risks.’

‘Excellent communication – explaining legal terms and finding the right balance between explaining legal terms and simplifying alternatives to support decision making.’

‘Quick response, excellent ability and empathy to identify the questions to which the client needs answers, draw attention to unidentified collateral consequences or risks, transparency as to assessing pros and cons of alternatives, accuracy meeting deadlines, excellent language skills and friendly but still super professional cooperation.

‘Really agile and effective approach under unexpected situations during the transaction.’

‘Angéla Tóth was really easy to work with, came up with effective solutions in an agile manner protecting our interest to the extent possible, managed the whole transaction in a really effective way with comprehensive thinking, we felt that we were in great hands during the whole transaction.’

The team has great synergies, as the colleagues there cover most of the relevant areas in the real estate industry. They are fully aware of the Hungarian and the international laws and regulations, moreover they have strong business-related knowledge as well.’

Key clients

WING Ingatlanfejlesztő és Beruházó Zrt.


Indotek


Work highlights


  • Advising Indotek on the acquisition of a minority stake in the local operation of Auchan.

Kapolyi Law Firm

The real estate team at Kapolyi Law Firm regularly advises on green and brownfield investments. With experience across the gamut of real estate matters, as well as in construction law, the team is well positioned to assist real estate developers, particularly with office and hotel development projects. Hotel management agreements are another focal point. The practice also handles real estate-related disputes, including warranty disputes. József Kapolyi leads the team alongside Sándor Habóczky. Residential investments and developments are Martin Gortva‘s particular area of expertise.

Practice head(s):

Sándor Habóczky; József Kapolyi


Other key lawyers:

Martin Gortva


Testimonials

‘The real estate department consists of several senior and junior lawyers; all of them are well prepared, knowledgeable, proficient and practised. Cooperation with them is easy, as they promptly understand our needs and act accordingly in a quick and collaborative way greatly considering our business prospective, amalgamating it with the legal approach.’

‘József Kapolyi and Sándor Habóczky are our main contacts in real estate matters. They both immediately capture and understand the essence of the issues, spot the eventual problems or legal difficulties and strategically build up the possible egresses. They both analyse the issues in question with a short response time and render outstanding attention to clients.’

‘They are efficient, fast and very have very good communciation skills.’

Key clients

M7 CEREF I. Hungarian Propco Llc.


MHC Hotel Company Llc.


CW1 Real Estate Investment Fund


SENTIO Llc.


EQUILOR Investment Fund Management Ltd.


Bradley, Edwards & Associates Llc.


Auto Wallis Nyrt.


Blue Corso Ltd.


Xantilon Properties Ltd.


Savencia Fromage & Dairy Hungary Ltd


Stewart Title Europe Limited


Sandler Llc


Hungast Llc.


WINGPROP Real Estate Development and Investment Ltd


Dorkan Property Ltd.


Mbira Silver Holding Ltd.


Work highlights


  • Advising MHC Hotel Company on the establishment and daily operation of several four- and five-star hotels, and on a significant real estate finance and refinancing deal by a Spanish investor.
  • Supporting the operations of a number of real estate funds managed by Equilor Investment Fund Manager, including advising on asset management, share and asset deals, and M&A deals.
  • Instructed as a general advisor to Blue Corso, the investor and developer of a luxurious residential project in Keszthely, Lake Balaton.

Noerr

As part of Noerr’s CEE-wide real estate investment group, the team in Hungary advises on real estate investments, financing and M&A transactions. With a strong regulatory background within the sector, the group advises on complex construction projects. Practice head Zoltán Nádasdy brings over 20 years’ experience advising strategic investors on developments, infrastructure projects and greenfield investments to his role. Eszter Hegedűs focuses on construction projects and built-to-suit developments. Ákos Mátés-Lányi’s clients include private equity, venture capital and real estate developers, while Szilvia Andriska handles construction and property management mandates. Tímea Tompa handles transactions in the industrial, office and residential spheres.

Practice head(s):

Zoltán Nádasdy


Other key lawyers:

Ákos Mátés-Lány; Szilvia Andriska; Eszter Hegedűs; Tímea Tompa


Testimonials

‘Noerr has a deep understanding of the Hungarian construction market, the best practices as well as the needs of large greenfield investments with significant complexities.’

‘Zoltán Nádasdy has a proven track record in supporting large foreign investments into Hungary. He also has great business acumen and a holistic view of the needs of large-scale construction projects.’

‘Eszter Hegedűs has remarkable knowledge and experience of contracting practices in the construction industry, she is flexible and can work against tight deadlines.’

‘An ability to listen, understand and truly engage with the client. A genuine interest in promoting the interest of the client, yet also guiding and clearly outlining if the interests or wishes of the client are not possible or counterproductive.’

‘Eszter Hegedűs was not only very professional but also a very rare personality who carefully listened and understood and handled it when clients once in a while ‘lost it’ and became emotional due to lack of delivery from the seller’s side. A very rare ability and fantastic taking into consideration her age.’

‘We have always received the highest quality legal support throughout many years of working with the practice group. Their practical, solution-oriented approach helps clients in all industries to successfully complete even the most complex transactions. Their close cooperation with other teams of their practice enables them to efficiently handle all issues that may arise during a transaction.’

‘Ákos Mátés-Lány provides outstanding legal support in transactions involving specialised sectors with unrivalled knowledge and experience in the market. His professional and personal approach and the relaxed yet professional atmosphere he creates ensures that the client receives the highest quality service. His reliability, responsiveness and enthusiasm are indisputable. Working with him is not only inspiring from a professional point of view, but also an invigorating personal experience.’

Key clients

Panattoni


Hilti AG


Debrecen Asset Management – DV Zrt.


thyssenkrupp


Giant Bicycles


GTC


WING


Work highlights


  • Advising Panattoni on the acquisition of two construction plots and subsequently on the development projects.
  • Advised Hilti on the acquisition of a building plot from MAG Hungary in Kecskemét and the construction of a new production facilty.
  • Provided seller-side legal advice to the Municipality of Debrecen City and the asset management company DV on a greenfield investment project for SEMCORP, involving the construction of a new facility.

Oppenheim Ugyvedi Iroda

Providing support throughout the full lifecycle of real estate projects, the team at Oppenheim Ugyvedi Iroda counts property developers, lenders, private equity funds, REITs and investment managers among its core client base. The real estate practice advises on matters ranging from property acquisition, financing and leasing through to restructuring and disposition, and also handles real estate and construction-related litigation. Team lead Márk Pintér has established a diverse roster of real estate clients over his 19 years’ in practice. Janos Fodor‘s expertise spans various asset classes, with a particular focus on office and retail leases.

Practice head(s):

Márk Pintér


Other key lawyers:

Janos Fodor; Mark Ratkai


Key clients

Skanska


Immofinanz


Brookfield


IC (International Campus)


Lone Star Funds / Hudson Advisors


AEW Europe


Triuva / Patrizia


Wing


Codic


ZFP Investments


IAD Investments


Diofa


Indotek


Convergence


Corporación Masaveu


Work highlights


  • Advised Immofinanz on the acquisition of an international retail portfolio of 217,000 square metres from CPI for €324m.
  • Advised Immofinanz on the sale its Hungarian office building portfolio of approximately 124,000 square metres for €244m.
  • Advising Diofa on the sale of two logistics assets – South Pest Business Park and Innove Business Park – for €85m.

Partos & Noblet in co-operation with Hogan Lovells International LLP

Working across all asset classes within the sector, including retail, office, industrial and residential, the ‘commercially minded’ real estate team at Partos & Noblet in co-operation with Hogan Lovells International LLP advises on transactional, leasing and management issues. The group’s expertise also covers broader real estate financing and disputes. Christopher Noblet and Sándor Békési jointly lead the practice; the former has particular expertise in cross-border transactions across the CEE region, while the latter specialises in sale and purchase, and leasing transactions, as well as advising on significant construction projects. Dóra Szilas’ is noted for her expertise in the industrial and logistics sectors.

Practice head(s):

Christopher Noblet; Sándor Békési


Other key lawyers:

Dóra Szilas


Testimonials

‘The team in Hungary is one of the teams with which I had the best experience in Europe. The team is top-class, whether it is regarding negotiations with counterparties or communication with the client. Also, the team is reachable pretty much 24/7, which is especially important for international clients working in a different time zone.’

‘Sándor Békési has been the main contact point for us. He is someone you don’t want on the other side of the negotiation table. He is very transparent and open to the client and is always a step ahead of the whole process. He is significantly pro-active allowing the client to be comfortable.’

‘Commercially minded and able to understand the base business problem before dealing with the legal documentation.’

‘Great knowledge and quick in response.’

‘Innovative thinking but always keeping clients’ interests and the legislation in mind.’

Key clients

NEPI Rockcastle


Mapletree


JR AMC


AEW


(DWS) Deutsche Asset Management


Ovivo Group


Work highlights


  • Advised Mapletree on leasing matters at its logistics warehousing sites at Batta and Üllő, negotiating and arranging the signing of two leases during the lockdown period.
  • Advised JR AMC on its acquisition of the Nordic Light Trio building from Skanska.
  • Advising AEW’s local entities on leasing and other matters in relation to its office building at Andrássy út 11 and 12, advising the landlord on leasing and construction matters in connection with the full refurbishment of the office building.

Schoenherr Hetényi Ügyvédi Iroda

Expanding its client base across the energy, hotel, office and logistics sectors, the real estate and construction team at Schoenherr Hetényi Ügyvédi Iroda has noted an increase in greenfield projects. The practice works in tandem with other teams at the firm to provide clients with broad expertise, ranging from advice on share and asset deals, to assistance with lease negotiations and representation in real estate litigation. The team’s construction advice covers building law matters and turnkey construction projects. With over 16 years’ experience, practice head László Krüpl focuses on real estate acquisitions and energy projects. Adrián Menczelesz handles development and construction agreements and brings particular experience in M&A transactions to the group.

Practice head(s):

László Krüpl


Other key lawyers:

Adrián Menczelesz; Viktória Magyar


Testimonials

‘László Krüpl is our trusted advisor and a rare talent amongst the real estate lawyers in Hungary. He is able to get the commercially important aspects and bring the deal to the finish line.’

‘We haved worked with Schoenherr Hungary for many years. They provide a good service, very quick reaction time. Within the team there are several people, and they can assist us with Hungarian real estate-related legal matters. We are very satisfied with them.’

‘László Krüpl is our trusted advisor. Besides him, Adrián Menczelesz and Viktória Magyar are the names to note.’

Key clients

Shanghai Electric Power Co., Ltd. (SEP)


OTP Real Estate Fund


IDBC Hungary


GLD Invest Group


MET Group and MET Renewables AG


Kinnarps AB


ADR Logistics Kft.


Nufarm SAS


Volta


B&B Hotels


Fressnapf Hungária Kft.


Territory GmbH


Erste Bank der oesterreichischen Sparkassen AG


List Group


I+D Energias


Private Client Fiduciary Corporation


Avison Young


Schott Hungary


Work highlights


  • Advised Shanghai Electric Power on its full acquisition of five project companies developing a PV project with a total capacity of 200MW in Northeast Hungary.
  • Advised IDBC Hungary on securing its new headquarters in the Duna Tower through a lease agreement with GTC.
  • Representing ADR Logistics in is lease dispute with M7 concerning a logistics lease of around 20,000 square metres in Gyál.

CERHA HEMPEL Dezso & Partners

With experience across the full lifecycle of real estate transactions, the team at CERHA HEMPEL Dezso & Partners advises on acquisition, development, financing and leasing. Practice head Wilhelm Stettner advises investors on cross-border real estate transactions. With over 10 years’ experience, András Fenyőházi is active in construction litigation. Bence Rajkai and Zsanett Szabó also specialise in construction law, while Gabriella Klotz focuses on lease agreements. Evelin Varga and Anna Nánási both specialise in commercial contracts. Dorottya Bitó brings knowledge of renewable energy projects to the group.

Practice head(s):

Wilhelm Stettner; András Fenyőházi


Other key lawyers:

Bence Rajkai; Zsanett Szabó; Gabriella Klotz; Dorottya Bitó; Evelin Varga; Anna Nánási


Key clients

CA Immobilien Anlagen AG


Galleon Capital Management GmbH


CA Immobilien Anlagen AG


URBANAUTS Hospitality GmbH


Galleon Capital Management GmbH


Patrizia Immobilien AG


Bauhaus AG


Austrian Embassy in Budapest


Raiffeisen Ingatlan Alap (Raiffeisen Real Estate Investment Fund)


Immovest Kft.


Wigan Acquisitions Group


Bauhaus AG


Work highlights


  • Advising Bauhaus AG on several developments of hardware stores in Budapest, Győr and Debrecen.
  • Assisting CA Immobilien Anlagen AG with the management of its entire Hungarian portfolio.
  • Advising Patrizia Immobilien AG on the management of the River Park office building and the Art’otel in Budapest.

Jalsovszky

Solar power plant development projects are a particular area of expertise for Jalsovszky’s real estate and construction team. The practice also covers residential development projects, property acquisitions and broader construction mandates. Pál Jalsovszky leads the team alongside Levente Bihari, with both advising on a full range of matters, from financing to development.

Practice head(s):

Pál Jalsovszky; Levente Bihari


Testimonials

‘Levente Bihari – professional, well-mannered, always available for advice. Understood the position of the client well.’

‘The company reacts quickly to the needs of the client. Things are not overcomplicated but done in a diligent way. Communication is effective (quick and not lengthy).’

‘Understand the legal case in no time. Tasks are done swiftly.’

‘The team is able to respond to a wide variety of legal issues.’

‘Levente Bihari in particular provides us continuously with an exceptional, high-quality service.’

‘The Jalsovszky team is very well suited for regular day-to-day real estate and corporate matters. They handle these efficiently and are very friendly to work with.’

‘Levente Bihari is our main contact. He commands good general knowledge of a wide area of legal issues and is usually responsive and to the point.’

Key clients

VGP


CTP


Infogroup


Callis


Diófa


Fodor Residence


Trendo


Schrack


Voltana


YBL


Rolling Wireless S.á.r.l.


Ascension Group


Work highlights


  • Assisting Infogroup with the acquisition of a large development area.
  • Advising Callis Group on the elaboration of a contractual structure concluded with the owners of land serving as the venue of solar plant developments.

KCG Partners Law Firm

Greenfield and brownfield developments are a key focus for the real estate and construction team at KCG Partners Law Firm. Eszter Kamocsay-Berta and Gabriella Gálik co-lead the team; the former handles large-scale industrial developments on behalf of both Hungarian and multinational real estate and construction clients, while the latter has particular expertise in corporate real estate transactions. Leveraging his extensive experience in the construction industry, Dénes Glavatity handles construction management and projects. Lídia Süveges has expertise in land acquisition related to investment projects, from due diligence to transfer agreements.

Practice head(s):

Eszter Kamocsay-Berta; Gabriella Gálik


Other key lawyers:

Lídia Süveges; Dénes Glavatity


Testimonials

‘My relationship with the law firm is mainly focused on construction law. In my long-term experience, now more than 10 years, the law firm is extremely well prepared in the field of construction law, and the disputes that arise are handled with great professionalism and experience, and very quickly. They are quick to understand the disputes that arise and are always able to advise on how to bring them to a conclusion as quickly and successfully as possible.’

‘I have had the opportunity to get to know the firm’s capabilities in the area of real estate law, where they work professionally and quickly, with a very high level of professionalism. This high level of professionalism is also recognised by the parties on the other side, which is perhaps the highest recognition that can be achieved.’

‘Key advantages over other law firms: high level of professionalism and expertise, high experience, speed of work, perfect quality of work, good communication, quick understanding of the task, willingness to compromise, good risk management. These qualities may be present in isolation or in combination in other law firms, but to have all of them at the same time is very rare.’

‘Members of the team have been trained in international law firms and have brought with them into this practice a strong work ethic and a focus on excellence. At the same time, being a Hungarian law firm with strong international connections, their contact with clients is more client-friendly than that experienced at international law firms.’

‘Gabriella Gálik and Eszter Kamocsay-Berta have a deep understanding and thorough experience not only in real estate matters, but also in the corporate and M&A sector. This enabled them recently to provide complex legal services to a client, leading to the successful completion of the deal under extremely tight deadlines and quickly-changing client needs.’

‘Lídia Süveges and Dénes Glavatity complement each other perfectly and provide a great foundation for the work of the whole team. It cannot be emphasised enough that Dénes is also a structural engineer, thus his knowledge is not limited to the legal aspects of real estate matters, and he is also an expert of the technical aspects of such matters, and he can quickly overview and pick the topics to be regulated in real estate contracts.’

‘Eszter Kamocsay-Berta is a tireless managing partner of KCG Partners with great managing skills, and expert knowledge in the field of transactional and tax law. Very pro-active and pleasant to work with. Gabriella Gálik is an experienced partner in real estate and corporate restructuring, very practical and excellent in communication.’

‘Lídia Süveges provided very clear instructions and proficient English communication during our work on the drafting of collateral documentation.’

Key clients

LEGO


Deltaplast


Deutsche Invest Mittelstand GmbH (DiCapital)


BIMTech Engineering


Lohn Law Firm

Hotel development projects are an area in which Lohn Law Firm’s real estate team is particularly active. The group’s expertise extends to all asset classes, including logistics, residential, office and retail, and the team counts architecture firms, energy companies and real estate firms among its clients. Handling the full range of real estate transactions, the team advises on financing, management, disposals and acquisitions. Practice co-head Balázs Lohn focuses on property litigation, leading the team alongside experienced real estate experts Gergely Kostenszky and Balázs Kis. Ádám Tarr brings a further 10 years of experience in real estate transactions to the group.

Practice head(s):

Balázs Lohn; Balázs Kis; Gergely Kostenszky


Other key lawyers:

Ádám Tarr


Testimonials

‘For me, the strongest point of Lohn Law Firm’s team is their business acumen and the timely, efficient and good communication.’

‘The real estate practice of the firm is very extensive, and they were able to help us with the development of land, hotel, solar and other types of assets.’

‘Balázs Kis has an extensive knowledge of any M&A-related techniques and Gergely Kostenszky is on top of real estate matters.’

Key clients

Big4 Hotel Kft.


SPP Solar Power Production Kft


Work highlights


  • Advising Big4 Hotel on a hotel development in Budapest, advising on long-term leasing to a major hotel franchise operator, construction and development financing matters, and on the disposal of the project.
  • Advising SPP Solar Power Production on the development of five 50MW solar park projects.

Réti, Várszegi and Partners PwC Legal

Arable land transactions are a niche area of expertise for the real estate team at Réti, Várszegi and Partners PwC Legal. Investments are another specialism, and the practice supports clients from sale and purchase through real estate disputes to real property financing and refinancing. Eszter Gally, László Réti, Dániel Kelemen, László Szűcs and Dóra Horváth make up the leadership team. János Faragó is active in real estate-related due diligence projects, while László Dávid Zsolt specialises in commercial real estate expansion. Zsolt Ősi is another key name to note, along with Kristóf Tamás Bán.

Practice head(s):

László Réti; Dániel Kelemen; László Szűcs; Dóra Horváth; Eszter Gally


Other key lawyers:

László Dávid Zsolt; Zsolt Ősi; Kristóf Tamás Bán; János Faragó


Testimonials

‘They have very strong and professional communication right from the start and immediately focus their full attention on the problem and come up with several solutions.’

‘The response time, as well as the professionalism of a dedicated partner to talk through the problem.’

‘Fast, precise work, good availability, thorough work, covering all details, strict adherence to deadlines.’

Key clients

Flovestor Passage Kft.


ROSSMANN Magyarország Kereskedelmi Kft.


SC Barak Development SRL


Vulcan Steel Private Company Limited by Shares


Natural Proteins Kft.


Work highlights


  • Providing a legal due diligence analysis to Vulcan Steel Private Company Limited in relation to the purchase of shares in an ironworks.
  • Assisting ROSSMANN Magyarország Kereskedelmi with the construction of its new logistics centre.
  • Advising Flovestor Passage on the acquisition of a state-owned villa, assisting with the auction, signing and closing processes.

Szabó Kelemen & Partners Andersen Attorneys

Industrial and commercial real property are the real estate team’s particular specialisms at Szabó Kelemen & Partners Andersen Attorneys; the practice demonstrates expertise across the full real estate spectrum, from due diligence, acquisition and development to management, letting and sale. Domonkos Kiss, Szabó Tamás and Levente Kálmán jointly lead the team. With experience in renewable energy projects and greenfield investments, Péter Vincze lends further support. Zsolt Eperjesi handles commercial real estate portfolios on behalf of asset management and development companies, while Gergely Gundel-Takács represents clients in litigation proceedings. Dorottya Rebeka Tarba and Dániel Csegeziare are the other key names to note.

Practice head(s):

Szabó Tamás; Domonkos Kiss; Levente Kálmán


Other key lawyers:

Dorottya Rebeka Tarba; Dániel Csegeziare; Péter Vincze; Zsolt Eperjesi; Gergely Gundel-Takács


Testimonials

‘We have been working on many transactions together with the firm, namely with Levente Kálmán. There were more complex deals as well, and we were always satisfied with the support we received, which was not only limited to legal aspects but also went a step further and we received important feedback on the business aspects of certain legal clauses in the transaction documentation.’

‘Levente Kálmán showed dedication and availability throughout the whole transaction processes, showing the flexibility that is needed in some urgent or more complicated contracting processes. What stood out is his availability, regardless of official working hours which was a big advantage considering the different time zones of the parties involved.’

‘Highest level of international collaboration which makes the process with the legal department of headquarters very efficient.’

‘Deep understanding of the priorities and interests of each contractual partner.’

Key clients

CTP Group


Mellow Mood Group


Omega Befektetési Kft. (Balbec Group)


Viterra Group


PURO Hotels


Hungarian Real Estate Financing Zrt


MNB Ingatlan Zrt


SICK Kft


Szécsényi és Társai Ügyvédi Társulás

Real estate boutique Szécsényi és Társai Ügyvédi Társulás advises corporates, property developers and investment funds on the acquisition and disposal of commercial real estate. Led by László Szécsényi, the practice advises clients across the CEE region and across a range of asset classes, including hotels and retail spaces. Dániel Kellner focuses on asset management and, with international expertise, is well placed to advise new entrants to the sector. Balázs Vágvölgyi specialises in real estate financing and rental agreements.

Practice head(s):

László Szécsényi


Other key lawyers:

Dániel Kellner; Balázs Vágvölgyi


Testimonials

‘Experienced and cohesive team across transactions, asset management and construction.’

‘Very pro-active and solution oriented. Very quick response rate and high-quality work.’

‘László Szécsényi is straightforward and professional.’

Key clients

Wing Zrt


Allee Center Kft (Allianz Real Estate, NN)


BUWOG GmbH


SÜBA


Pepco


CBRE Global Investment


Akron-Group


Work highlights


  • Advised BUWOG (Vonovia) on the sale of it its Hungarian portfolio.
  • Advising a Hungarian developer on the development of a hostel to be managed by Accor.
  • Advised Allee Center Budapest on the 17 Mio refurbishment project.

Szecskay Attorneys at Law

A recent increase in property sales characterised the workload of Szecskay Attorneys at Law’s real estate team, which is well versed in assisting clients with issues ranging from due diligence to zoning and property-related environmental issues. The practice is adept at handling sale and purchase, design and contractor, and lease agreements. The team's know-how covers various asset classes, including industrial real estate, hotels, offices and retail sites. Patrick Tausz and Attila Jásdi jointly head up the team, advising a diverse list of domestic and international companies on high-value real estate transactions.

Practice head(s):

Patrick Tausz; Attila Jásdi


Testimonials

‘The team has many experts in different fields. They can manage a wide range of issues with many years of experience.’

Key clients

Auchan Hungary Kft.


Autonet Group


Meininger Hotels Hungary


Burger King (Fusion Investment Company Ltd.)


Ceetrus Hungary Kft.


Claire’s Hungary Kft.


Pharmaceutical Research Associates Hungary


Nhood Hungary


Dunapack Packaging Hungary (Prinzhorn Group)


Aalberts Integrated Piping Systems Kft.


Beren Therapeutics, P.B.C.


NXP Semiconductors Magyarország Kft.


Work highlights


  • Assisted NXP Semiconductors Hungary with the preparation and execution of a lease agreement for the new headquarters of NXP Hungary.
  • Assisted Beren Therapeutics with the conclusion of a lease agreement for its new laboratories in Hungary and the acquisition of the assets needed for the operation of the laboratories.
  • Assisting Burger King with the development and lease of its commercial real estate on an ongoing basis.

Taylor Wessing Hungary

Drawing on its cross-practice expertise, Taylor Wessing Hungary‘s real estate team advises on data centres, student housing and property technology projects. The group has particular experience in ESG requirements and green energy issues in the real estate space. The retail and automotive industries are also areas of expertise. 'Expert' practice head Dániel Ódor is knowledgeable about both commercial and industrial real estate. Joining from Siegler Bird & Bird Ügyvédi Iroda in September 2022, Gábor Helembai now advises a diverse list of developers, financiers, designers, landlords and tenants. Gábor Kőhidai advises international clients on both transactional and regulatory matters, while Kinga Harza handles real estate-related disputes.

Practice head(s):

Dániel Ódor


Other key lawyers:

Gábor Helembai; Gábor Kőhidai; Kinga Harza; Adél Kovács


Testimonials

‘We have a very good cooperation with Taylor Wessing Hungary. They know us and our team, so the work is efficient and professional.’

‘Taylor Wessing Hungary works as an advisor for us. They see also business opportunities and they create connections. They understand the relevant business points and help in negotiations.’

‘Taylor Wessing Hungary has a collaborative approach and maintains open and clear communication with clients through the legal process.’

‘Taylor Wessing Hungary has an excellent reputation on the Hungarian market. They are often involved in the largest deals on the market. Year on year they are growing. They have strength in depth.’

‘Taylor Wessing have been at the forefront of ESG. They are advising their clients on how to comply with ESG across their businesses. The firm provides a full service to its clients, including transactions, leasing, development and insurance of real estate. Taylor Wessing Hungary provides an extraordinary level of professionalism, personal and emotional effort. Their insight and advice are very much appreciated by their clients. Experience and relationships really matter to this team.’

‘Dániel Ódor is an expert in real estate. He is one of the leading practitioners on the market. He is regularly involved in leading and high-profile commercial real estate transactions. He provides practical and pragmatic advice to his clients. Kinga Hazra is steadily gaining a reputation for her real estate work. She is widely appreciated by clients.’

‘The team at Taylor Wessing in Budapest have always shown an ability to be forward thinking, adapt to new practices and learn about new products and solutions that can help their clients. Combined with an approachable and commercial attitude to work, this makes them a great team to work with.’

‘Over the last 12 months I have worked with Dániel Ódor and Kinga Harza. Dániel is a pleasure to work with, confident but not arrogant, tough but fair, and with a commercial understanding to ensure he has a good grasp of his client’s needs. Kinga is developing under Daniel’s guidance and is quickly adapting her strong legal skills to the commercial and client environment.’

Key clients

Forestay Alapkezelő Zrt. (Forestay I. Diákhotel Ingatlanalap, Forestay I. Ingatlanfejlesztő Alap, Forestay II. Ingatlanfejlesztő Alap)


Redevco GmbH


Eipa Eisen GmbH


MANGO – Punta NA


Goris Invest Ingatlanforgalmazó és Hasznosító Kft.


C & A Mode Kft.


Work highlights


  • Advised Redevco GmbH on its transition to a new electricity provider for a prestigious mixed-purpose property in Budapest, negotiating a contractual structure involving the client’s tenants and other co-owners of the building.
  • Advised Forestay Group on the expansion of its presence in the hospitality industry by joining the international hotel franchise Moxy Hotel (part of Marriott International).
  • Advising a new client together with its co-investor on a long-term project, which includes a mandate for the sale and connecting project management of newly built residential apartments.

Wolf Theiss Faludi Ügyvédi Iroda

Specialising in solar energy projects, Wolf Theiss Faludi Ügyvédi Iroda‘s real estate team fields niche expertise beyond traditional real estate development. The group advises a diverse roster of real estate and parking operators, developers and management companies. Practice head János Tóth brings extensive expertise in real estate sales and acquisitions, as well as project development, to his role. Melinda Pelikán advises on real estate and project finance, while Norbert Bálint specialises in power plant construction projects. Zoltán Bódog, who was promoted to senior associate in July 2022, ‘stands out as an expert‘ in the sector.

Practice head(s):

János Tóth


Other key lawyers:

Melinda Pelikán; Norbert Bálint; Zoltán Bódog


Testimonials

‘The team provides practical and useful advice on complex transactions. They understand the legal aspects and business drivers for transactions. They can provide legal and tax advisory which makes them stand out on the market.’

‘The team offers a full service to its real estate clients. They are knowledgeable about regulations and offer practical advice and solutions as to how to solve out issues. Experience, security and speed – this is true about the real estate team in Hungary.’

‘Zoltán Bódog stands out as an expert in real estate, especially transactions relating to the energy sector. These transactions tend to be heavily regulated and complex. He is able to give clear advice and guide clients successfully through the process.’

‘Zoltán Bódog is an expert in the real estate aspects of developing PV power plants. He is regularly involved in these transactions.’

‘Zoltán Bódog is particularly experienced in transactions involving shopping malls, office buildings, warehouses and greenfield properties. He is experienced in real estate financings.’

‘Zoltán Bódog is sought and recommended for his due diligence activities. Due to his industry expertise, Zoltán understands the business and the competitive context of our clients, which allows him to provide useful advice not only from a legal but from a business perspective as well.’

Key clients

Enlight Renewable Energy


Work highlights


  • Advising Enlight on the acquisition of three solar renewable energy investment projects in Hungary, each with an inbuilt capacity of approximately 60MW.

bnt attorneys in CEE

Regularly managing industrial developments and office constructions for an extensive list of contractors, developers, designers and financing institutions, bnt attorneys in CEE has a broad real estate focus. Rainer Tom and Gyula Horváth lead the real estate team, advising Hungarian and foreign clients on domestic and cross-border real estate transactions. Norbert Varga is an expert in greenfield and brownfield investments. Katalin Al-Maarri focuses on greenfield investments, while Kinga Kálmán advises on wide-ranging construction matters.

Practice head(s):

Rainer Tom; Gyula Horváth


Other key lawyers:

Norbert Varga; Katalin Al-Maarri; Kinga Kálmán


Testimonials

‘The team has profound knowledge and long-term experience in all aspects of real estate and construction affairs. They are orientated on solutions, have a lot of creative energy.’

‘Rainer Tom: strategic approach, team player, very creative, clear communicator.’

‘The team is highly committed to achieving the goals set with the client in the best possible way. A commercial understanding is to be emphasised alongside excellent legal skills and a good instinct for what is feasible.’

Key clients

Premiot Group


Nestlé


LKQ Corporation – Láng Kft.


SSI Schäfer Systems International Kft.


Viessmann Group


MEWA Hungary


Mabanaft Hungary


Inovivo Group


Cosmodent


Work highlights


  • Supporting the Hungarian subsidiary of Nestlé with complete document drafting services, from request for proposal through to follow-up of the construction works, including advising on design and construction contracts, for boiler houses, chilling systems, and wastewater treatment systems.

Forgó, Damjanovic & Partners Law Firm

Active on both the contentious and non-contentious side, the real estate team at Forgó, Damjanovic & Partners Law Firm handles various real estate transactions and disputes, both sale and lease-related, as well as construction-related arbitration. Gábor Damjanovic leads the real estate practice, advising on commercial and residential real estate matters. Réka Bali is another key member of the team.

Practice head(s):

Gábor Damjanovic


Other key lawyers:

Réka Bali


Key clients

Obton A/S


the Benetton family


Holding Soprema


Groupe Briand


Tuttnauer Group


the owners of Partner Ltd.


the owners of Pentolt Ltd


JSI Delta (a Czech holding company in the construction/design sector)


Due A srl (an Italian supplier of heavy and precision structural steelwork)


Unipetrol Group


Dánia Koncept Ltd.


Cargill


DBH Group


Gerbeaud


Work highlights


  • Assisting Obton A/S with the acquisition of a number of different of solar park portfolios, handling legal due diligence and drafting the transaction documents, as well as negotiating the deal up to closing, including the financing aspects and the licensing matters.
  • Advising the Benetton family on an existing joint venture, as well as a prospective sale.
  • Assisted Cargill with the sale of one of its production plants, from drafting to advising on the regulatory hurdles.

KPMG Legal Tóásó Law Firm

The real estate team at KPMG Legal Tóásó Law Firm has significantly expanded its clientele, taking on new real estate developers. The practice advises clients on sales and acquisitions, as well as development and negotiation of lease agreements. Tamás Tasnádi co-leads the team, advising on construction mandates and real estate-related M&A transactions. With a particular focus on factory developments, Tasnádi's counterpart Boglárka Németh advises on a range of construction projects.

Practice head(s):

Tamás Tasnádi; Boglárka Németh


Testimonials

‘Easy ways of communication, good understanding of the business.’

‘High sense of understanding client needs.’

‘Very easy and clear communication. Solution oriented. Very good sense for ugency of cases.’

Key clients

HB Reavis Real Estate Development Fund


Daniella Kft. / Weerts Group / HAD Real Estate


Friedrich Boysen GmbH & Co. KG (Boysen Group)


Vincotech Hungária Kft.


Work highlights


  • Advised HB Reavis on the sale of its real property, which was bought by a player in the Hungarian banking sector.
  • Advised Boysen Group on the acquisition of an industrial plot on which the client’s new production factory will be built, and on the design phase of the investment.
  • Advised Weerts Group on its construction project in Vecsés, developing a manufacturing hall for a Canadian-based parts manufacturer for automakers.

Nagy és Trócsányi Ügyvédi Iroda

Following recent market trends, the real estate and construction team at Nagy és Trócsányi Ügyvédi Iroda advises on a growing number of construction projects in the battery production and e-mobility sectors. The team advises national and international clients on their retail and office portfolios. Managing partner Balázs Karsai heads up the practice.

Practice head(s):

Balázs Karsai


Testimonials

‘The team has great experience in real estate matters and can provide tailored solutions to all our needs.’

Key clients

Royal Thai Government and the Thai Embassy


Sándor Szegedi Szent-Ivány Komáromi Eversheds Sutherland

The negotiation and preparation of lease agreements are key focal points for the real estate team at Sándor Szegedi Szent-Ivány Komáromi Eversheds Sutherland. The group advises clients across the automotive, hotel, retail and construction industries. Practice head Richárd Eördögh bolsters the team’s cross-border reach, bringing extensive experience in international real estate transactions to his role. With a balanced buyer and seller practice, Péter Sándor handles both transactions and relevant litigation. Ildikó Szegedi and Ágnes Szent-Ivány are also key members of the team.

Practice head(s):

Richárd Eördögh


Other key lawyers:

Péter Sándor; Ildikó Szegedi; Ágnes Szent-Ivány


Testimonials

‘Extremely efficient and precise.’

‘Very knowledgeable of the market.’

‘The team itself has a strong ability and capacity to cover a wide field of requests.’

‘The individuals are well prepared from a professional point of view and are able to handle successfully even critical topics.’

Key clients

ABACUS MEDICINE HUNGARY Kft.


Autoliv


Chesterton


Josab Hungary


MTD


Orange


Oxygen Resort GmbH


Pappas


Red Bull


Somfy


Toyota


XDC Industries


Xylem Water System Hungary


Work highlights


  • Advising ABACUS MEDICINE HUNGARY on a real estate transaction in which it intends to purchase a real property together with its superstructures to form the headquarters and factory.
  • Assisting Oxygen Resort GmbH, which intends to buy real estate to function as a hotel and restaurant in Austria, with the setting up of a new Austrian entity to act as the buyer, as well as handling the real estate deal.
  • Assisting XDC Industries with negotiations of various lease agreements for its manufacturing, warehouse, and office sites.

Vámosi-Nagy Ernst & Young Law Office

With a balanced buyer and seller client base, Vámosi-Nagy Ernst & Young Law Office offers broad-spectrum advice across the real estate sector. Szabolcs Posta counts private equity investors and investment funds among his clients, and leads the real estate team alongside Iván Sefer, who typically advises on greenfield investments and real estate development projects. Dénes Csoba is active in real property deals.

Practice head(s):

Iván Sefer; Szabolcs Posta


Other key lawyers:

Dénes Csoba


Key clients

Kinnarps House Kft.


TK Elevator Eastern Europe GmbH


Enchem Hungary


Logisvalley Hungary Kft.


Work highlights


  • Advising Kinnarps House on its lease agreement to ensure the 100% occupancy of its office building.
  • Advising TK Elevator Eastern Europe GmbH on its major lease for a shared service centre in Hungary to service the CEE region.
  • Assisting Logisvalley Hungary with its acquisition of a major logistics development site in Northern Hungary.