Hegymegi-Barakonyi and Fehérváry Baker&McKenzie Attorneys-at-Law’s real estate practice supports a diverse client base, including local investors, financial institutions, and developers, with expertise across the entire spectrum of property law. The team is highly skilled in managing complex, high-value developments, from inception through to ongoing progress and management. Their capabilities extend to real estate transactions, such as the purchase, sale, and leasing of significant residential and commercial properties, as well as land use, zoning, contract negotiation and dispute resolution. Particularly strong in greenfield infrastructure projects, the team works seamlessly with the firm’s banking, finance, tax and corporate practices. Led by Benedek Kovács, who advises Hungarian and multinational clients on real estate acquisitions and lease agreements, the group offers tailored guidance on projects across Hungary’s retail and real estate sectors.
Legal 500 Editorial commentary
Accolades
Client satisfaction
Testimonials
Collated independently by Legal 500 research team.
‘They are providing a real personalised legal service with a dedicated contact who knows our company and our team very well therefore co-operation is always very smooth, efficient and fruitful.’
‘The Budapest team has a unique position in connection with foreign investments with the central and local governments. They also have an outstanding track record and understanding of how to do business with the associated agencies and companies.’
‘Benedek Kovács delivers excellent services both in advising clients and in drafting/negotiating transactional documents.’
‘I am always highly satisfied with the exceptional service provided by the real estate law practice group. Their expertise in navigating complex transactions and their thorough understanding of real estate regulations are instrumental in the success of the client's projects. From start to finish, they demonstrate unmatched professionalism, attention to detail and a proactive approach that makes working together smooth and efficient.’
‘Benedek Kovács's dedication and client-focused mindset are truly exceptional. His professionalism, responsiveness and deep expertise are evident every step of the way. He creates a positive atmosphere that makes navigating complex legal issues much less daunting. For anyone seeking a reliable and knowledgeable real estate lawyer, Benedek Kovács is the clear choice.’
- 'The team has extensive experience specifically in greenfield investments which allows the firm to understand the unique challenges and requirements involved in these projects, leading to more effective negotiation strategies.'
- 'The team has established relationships with local government entities and stakeholders to facilitate smoother negotiations and approvals, benefitting clients during the investment process.’
‘Benedek Kovács is among the most recognised professionals in the country, he has excellent technical skills, is always responsive and has a very strong network in the country.’
Key clients
- BYD
- Bamo
- Municipality of Debrecen
- CTP
- Lidl
- Dereif
- Deutsche Telekom
- Mandarin Oriental Hotel Group
- Marriott International Inc.
- INPARK-NIPÜF
Work highlights
- Acted as project counsel for the Chinese e-car manufacturer and the Hungarian Investment Promotion Agency (HIPA) in BYD's multi-billion EUR investment near the southeast town of Szeged.
- Continued to advise Deutsche Telekom in its HQ moving its Budapest headquarters to the building of Magyar Telekom located on Könyves Kálmán körút.
- Advised Mandarin Oriental Hotel Group in a deal to set up its first operation in Hungary following the renovation and rebranding of the former Gellért Hotel in Budapest.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Benedek Kovács
Other key lawyers
Zsófia Tillinger