DLA Piper Posztl, Nemescsói, Györfi-Tóth and Partners Law Firm is a reference in the market for real estate transactions involving industrial, office, and logistics properties. The team is adept at handling acquisition and divestment, agricultural work, land restructuring, real estate developments, and lease agreements. Co-head Gábor Borbély advises clients on major lease agreements, joint ventures, and real estate restructuring transactions, while Tamás Balogh leads on transactional work, including M&A transactions, greenfield investments and corporate restructuring. Other key contacts on the team are Bettina Boncok, Viktória Molnár, and Angéla Tóth.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Tamás Balogh has great knowledge of the sector and the relevant legislation, and provides tailor-made, very smart advices. Also, a great person to work with.’
  • ‘Immense knowledge and experience on the local RE/construction market, quick turnaround and response times, align with the client needs and have a great backup structure to provide continuous support. People are friendly, professional and direct.’
  • 'Tamas Balogh led our project from legal side from the get go, his knowledge and experience allowed us to catch up on milestones. He is professional, responsive and can back his work up without question.'
  • 'Gabor Borbely led his team greatly and set up a back up structure whereby the stand in was already on top of our case by the time we spoke first time. He also stepped in when needed and kindly guided us through the process.'
  • ‘The team is well-established and recognised in the Hungarian market for its pragmatic approach and extensive industry knowledge. They are efficient and direct, avoiding unnecessary steps to deliver results.’
  • ‘I had the opportunity to work with Tamás Balogh. His in-depth knowledge, flexibility, and pragmatic approach made for an extremely positive experience. He successfully resolved a wide range of legal issues with ease and was able to identify straightforward and effective solutions, even in the most challenging situation.'

Key clients

  • Indotek Group
  • HERMES Alapkezelő Zrt.
  • Gránit Alapkezelő Zrt.
  • InterContinental Hotels Group PLC (IHG)
  • OTP Ingatlan Befektetési Alapkezelő Zrt.

Work highlights

Advising Hungarian property developer Indotek Group in the acquisition of a 47% minority stake, along with majority control, in Auchan's Hungarian retail operator company.
Advising Gránit Asset Management on the acquisition of the historic Exchange Palace (Tőzsdepalota), a building located on Szabadság Square in Budapest.
Advising InterContinental Hotels Group PLC (IHG) on its acquisition of the Ruby hotel brand and related intellectual property for an initial EUR 110.5m with potential additional payments of up to EUR 181m.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

Gábor Borbély; Tamás Balogh

Other key lawyers

Bettina Boncok; Viktória Molnár; Angéla Tóth