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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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10 July 2019
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...

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04 May 2021
Hun­gary ex­tends scope and dead­line for ap­plic­a­tion of tem­por­ary FDI con­trol...
Un­der FDI Act 2020, Min­istry of In­nov­a­tion and Tech­no­logy ap­prov­al is re­quired for clos­ing a trans­ac­tion if the fol­low­ing con­di­tions are met: The trans­ac­tion in­volves the ac­quis­i­tion of a stra­tegic...
April 2021
CEE Green­field Guide
CEE coun­tries have at­trac­ted sig­ni­fic­ant for­eign dir­ect in­vest­ment in green­field op­er­a­tions in re­cent years. In­deed, many man­u­fac­tur­ing busi­nesses have fo­cused on ex­pand­ing ca­pa­city in CEE coun­tries...
06 April 2021
EU is­sues draft of Di­git­al Mar­kets Act aimed at cre­at­ing a new and fair...
The European Com­mis­sion has pub­lished a draft pro­pos­al for a new com­pet­i­tion law frame­work for large on­line plat­forms, called the Di­git­al Mar­kets Act (DMA). The Com­mis­sion pro­posed the DMA due to the...
24 March 2021
Care homes in Hun­gary
1. Which laws ap­ply to open­ing care homes? In Hun­gary, there is a sub­stan­tial dif­fer­ence between a care home (idősek ot­thona) and a re­tire­ment home (ny­ug­dí­jasház). Care homes are strictly reg­u­lated...
Comparable
09 February 2021
BAT con­clu­sions for large com­bus­tion plants an­nulled – What next?
On 27 Janu­ary 2021 the Gen­er­al Court of the European Uni­on de­clared the so-called BAT con­clu­sions for large com­bus­tion plants an­nulled. It is worth con­sid­er­ing what this rul­ing really means and what it...
31 March 2021
Sol­ar power plant pro­jects
Dur­ing this we­bin­ar we will dis­cuss top­ics in­clud­ing the “gold rush” in the en­ergy sec­tor, the prin­ciples of Hun­gari­an reg­u­la­tion, the ba­sic fea­tures of the KÁT sys­tem, the ba­sic fea­tures of the...
19 March 2021
Leases
Dur­ing this we­bin­ar we will dis­cuss top­ics in­clud­ing types of leases, in­sti­tu­tion­al and clas­sic types of con­tract, the leg­al en­vir­on­ment, and dis­putes.Re­gis­tra­tion num­ber: NY001467/2020 Par­ti­cip­a­tion:...
12 March 2021
Sale and pur­chase of yield pro­du­cer com­mer­cial real es­tates
Dur­ing this we­bin­ar we will dis­cuss top­ics in­clud­ing the stages of a trans­ac­tion, due di­li­gence, crit­ic­al points of a sale and pur­chase agree­ment, real es­tate re­gis­tra­tion con­sid­er­a­tions, and typ­ic­al...
14 January 2021
The rise of the glob­al ex­pert ser­vices prac­tice: Court of Ap­peal guid­ance...
A Court of Ap­peal de­cision earli­er this week has up­held an in­junc­tion gran­ted by the TCC pre­vent­ing an in­ter­na­tion­al ex­pert ser­vices firm from act­ing for more than one party to an in­ter­na­tion­al con­struc­tion...
06 January 2021
Hun­gary changes rules for drone op­er­a­tions
The rules in Hun­gary for un­manned air­crafts, com­monly known as drones, changed on 1 Janu­ary 2021. The changes oc­curred after the 22 Decem­ber 2020 pas­sage of Act CLXXIX of 2020 on amend­ing cer­tain laws...
15 December 2020
Five years after Hua­wei ZTE FRAND li­cens­ing ob­lig­a­tions again be­fore the...
On 26 Novem­ber 2020, the Düs­sel­dorf Re­gion­al Court an­nounced that it would sus­pend a pat­ent in­fringe­ment pro­ceed­ing and refer key ques­tions on com­puls­ory li­cens­ing of stand­ard es­sen­tial pat­ents (SEP)...
10 November 2020
Hun­gary: an ex­ten­sion to for­eign in­vest­ment con­trol
The Hun­gari­an par­lia­ment has in­tro­duced an ex­ten­sion to the tem­por­ary re­gime on for­eign in­vest­ment con­trol, and as a res­ult the screen­ing for for­eign in­vest­ments un­der Act LVIII of 2020 on the tem­por­ary...