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Real Estate

Hungary

We offer the benefit of long-standing experience in the real estate market, having advised on some of the biggest logistics, office and retail transactions in Central and South Eastern Europe to date. In an increasingly active property market, we can advise you on complex cross-border property portfolio sales and acquisitions across the region and we can provide industry-specific advice such as leasing agenda, construction and development projects and construction litigation.

Whether you are in the logistics, retail, office, residential, hotels, infrastructure, renewable energy or student accommodation sectors, we have the specialists to help.

If you are searching for real property expertise, strategic thinking and commercial-mindedness, this is the team to call.
Chambers

Through decades of experience of doing deals across Europe, our multi-jurisdictional teams adhere to the same templates, processes and standards, including project management. This means we can deploy specialist teams to advise you immediately, irrespective of where the real estate assets are. If you are launching or operating a real estate fund or setting up a real estate related joint venture, our funds and corporate experts can give you country-specific support. This approach allows us to guide your tax, planning, debt financing, construction and management issues in addition to your traditional real estate portfolio and property management work.

The dedicated seven-strong Real Estate Team in Hungary is among the top legal advisors on the market. The team advises a premier clientele and often acts on the largest domestic and cross-border transactions. Head of the practice is the first Hungarian lawyer amongst RICS members.

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High­lights of ex­per­i­ence in Real Es­tate & Con­struc­tion in Hun­gary
NEPI Rock­castle on its EUR 275 mil­lion ac­quis­i­tion of the Arena Plaza, the second largest re­tail centre in Bud­apest by means of (i) pur­chase of all the is­sued shares in and share­hold­er loan re­ceiv­ables against Sym­metry Arena In­gat­lankezelo Kor­lat­olt

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01 September 2020
CMS in Hun­gary
CMS in Hun­gary have been ad­vising cli­ents across the re­gion for over 30 years, in both good and bad times. Find out more.
06 April 2020
CMS Ex­pert Guide to COV­ID-19 im­pact on con­struc­tion in­dustry
As the en­tire eco­nomy has been hit hard by the out­break of the COV­ID-19, also the con­struc­tion in­dustry is cur­rently fa­cing dra­mat­ic and dis­rupt­ive chal­lenges re­gard­ing fin­an­cial pres­sure, la­bour short­ages and sup­ply chain is­sues. In or­der to help our cli­ents, we have pro­duced a fre­quently up­dated, com­par­at­ive guide over the im­pact the COV­ID-19 has on the con­struc­tion sec­tor across vari­ous jur­is­dic­tions.
18 September 2020
Hun­gary ad­opts new AI strategy
The Hun­gari­an gov­ern­ment has ad­op­ted a new com­pre­hens­ive ar­ti­fi­cial in­tel­li­gence (AI) strategy that sets am­bi­tious goals and meas­ures for the de­vel­op­ment and use of AI in Hun­gary through to 2030. The...
1 July 2020
Sign­ing with e-sig­na­ture in CEE
This guide fo­cuses on the most im­port­ant leg­al areas where elec­tron­ic sig­na­tures are usu­ally used: em­ploy­ment law, com­mer­cial con­tracts, real es­tate law, cor­por­ate law and bank­ing and fin­ance con­tracts. This guide ad­di­tion­ally in­cludes help­ful at-a-glance
31 March 2020
CMS Ex­pert Guide to COV­ID-19 im­pact on lease agree­ments
COV­ID-19 is dom­in­at­ing the glob­al news and af­fect­ing all areas of busi­ness life. For both land­lords and ten­ants, the ques­tion arises as to the im­pact of the COV­ID-19 pan­dem­ic on their lease re­la­tion­ships. In this guide you will find a use­ful over­view of the im­pact COV­ID-19 has on leases across vari­ous jur­is­dic­tions. Please note that this com­par­at­ive ana­lys­is is based on our cur­rent eval­u­ation and is a sub­ject to fur­ther up­dates and amend­ments.
07 August 2020
Treaty claims for can­celled or mod­i­fied in­fra­struc­ture pro­jects in the...
A re­cent IC­SID tribunal has denied an in­vestor’s claim con­cern­ing the de­vel­op­ment of an air­port pro­ject in Latvia. The in­vestor was un­able to pro­ceed with the con­struc­tion of its pro­ject due to nu­mer­ous...
20 April 2020
CEE Green­field Guide
This CMS guide is in­ten­ded to help po­ten­tial in­vestors un­der­stand what in­cent­ives are avail­able when in­vest­ing in the lead­ing coun­tries in CEE. Find out more.
24 April 2018
CMS Ex­pert Guide to com­mer­cial real es­tate law and rules
Are you look­ing for in­form­a­tion on com­mer­cial real es­tate law and rules? This CMS Ex­pert Guide provides you with everything you need to know.
15 July 2020
Hun­gary's par­lia­ment ad­opts elec­tri­city act amend­ment al­low­ing ex­ten­sion...
On 3 Ju­ly 2020, the Hun­gari­an par­lia­ment ad­op­ted an amend­ment to Act LXXXVI on elec­tri­city. Fur­ther to the state of emer­gency an­nounced by the Gov­ern­ment and sur­round­ing COV­ID-19, the amend­ment au­thor­ises...
13 December 2019
CMS Bud­apest named Best Real Es­tate Law Firm at CIJ Award for the third...
CMS Bud­apest named Best Real Es­tate Law Firm at CIJ Award for the third time. Find out more.
01 January 2016
CMS Ex­pert Guide to real es­tate fin­ance law
Are you look­ing for in­form­a­tion on real es­tate fin­ance law? This CMS Ex­pert Guide provides you with everything you need to know.
27 May 2020
Hun­gary is­sues de­cree re­quir­ing min­is­teri­al ap­prov­al for cer­tain for­eign...
The Hun­gari­an gov­ern­ment has is­sued a new de­cree, No. 227/2020 that in­tro­duces tem­por­ary meas­ures for spe­cial trans­ac­tions re­lated to stra­tegic com­pan­ies in­cor­por­ated in Hun­gary. These meas­ures entered...