Home / Europe / Hungary / Real Estate

Real Estate

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.

10/07/2019
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...

Feed

05/12/2022
EU Com­mis­sion pro­poses to mod­ern­ise product li­ab­il­ity rules for green and...
Cur­rent product li­ab­il­ity rules, based on the 85/374/EGK Product Li­ab­il­ity Dir­ect­ive (PLD), are nearly 40 years old and no longer suit­able for the mod­ern di­git­al age. Among oth­er things, the PLD is un­cer­tain...
14/10/2022
Hun­gary amends pub­lic pro­cure­ment rules to en­hance con­trol over the use...
Hun­gary has ad­op­ted sev­er­al im­port­ant le­gis­lat­ive amend­ments as re­medi­al meas­ures un­der Reg­u­la­tion 2020/2092 to en­sure prudent and trans­par­ent use of EU funds, which also af­fect im­port­ant pro­vi­sions of...
26/10/2022
A new crisis...Re­struc­tur­ing, re­or­gan­isa­tion, li­quid­a­tion and en­force­ment
Our ex­perts from the Fin­ance and Real Es­tate teams will ana­lyse the op­tions and leg­al tools avail­able to cred­it in­sti­tu­tions to help dis­tressed debt­ors, in­clud­ing through re­struc­tur­ing and re­or­gan­isa­tion...
27/09/2022
CMS Ex­pert Guide on Private Ren­ted Sec­tor leases in Hun­gary
I. Trans­ac­tions 1. What are typ­ic­al struc­tures of trans­ac­tions con­cern­ing PRS pro­jects? In Hun­gary, in­sti­tu­tion­al PRS trans­ac­tions are re­l­at­ively rare.A few loc­al funds in­vest in res­id­en­tial apart­ments...
Comparable
19/08/2022
Hun­gary grants a veto to na­tion­al ar­chi­tec­ture coun­cil for build­ing per­mits
On 16 Au­gust 2022 in a move that could im­pact in­vest­ment in the Hun­gari­an con­struc­tion sec­tor, the Hun­gari­an gov­ern­ment ad­op­ted a new gov­ern­ment de­cree in­creas­ing the role of the Na­tion­al Ar­chi­tec­tur­al...
02/08/2022
Leg­al is­sues in the meta­verse / Part 4 - Ex­pec­ted im­pact of the EU Ar­ti­fi­cial...
Part 4 - Ex­pec­ted im­pact of the EU Ar­ti­fi­cial In­tel­li­gence Reg­u­la­tion, the meta­verse as a work­place In our first art­icle, we ex­amined the nature of the meta­verse, the shared vir­tu­al world. The emer­gence...
27/07/2022
Leg­al is­sues in the meta­verse / Part 3 - Data pro­tec­tion chal­lenges, the...
Part 3 - Data pro­tec­tion chal­lenges, the im­port­ance of cy­ber­se­cur­ity, ad­vert­ising reg­u­la­tion in the meta­verse In our first art­icle, we ex­amined the nature of the meta­verse, the shared vir­tu­al world...
25/07/2022
Hun­gary re­shapes KATA small-busi­ness tax mak­ing many in­eligible
After days of street protests, the Hun­gari­an gov­ern­ment an­nounced the new act on the re­shaped KATA tax­a­tion re­gime after an ex­tremely rap­id le­gis­lat­ive pro­cess. The new rules sig­ni­fic­antly nar­row the...
20/07/2022
US ter­min­ates double tax-treaty with Hun­gary
On 8 Ju­ly 2022, the U.S. Treas­ury De­part­ment an­nounced the ter­min­a­tion of the double-tax treaty with Hun­gary. The treaty, which scores of US in­vestors called very be­ne­fi­cial, was con­cluded in 1979 and...
19/07/2022
Leg­al is­sues in the meta­verse / Part 2 - Trade­marks and copy­right, NFTs...
Part 2 - Trade­marks and copy­right, NFTs and civil law prin­ciples in the meta­verse In our first art­icle, we ex­amined the nature of the meta­verse, the shared vir­tu­al world. In the meta­verse, trade in vir­tu­al...
12/07/2022
Leg­al is­sues in the meta­verse / Part 1 - In­tro­duc­tion to the meta­verse
Part 1 - In­tro­duc­tion to the meta­verse In re­cent months, ‘meta­verse’ has be­come a buzzword, fea­tured in nu­mer­ous art­icles and me­dia re­ports, and has even been re­ferred to as web 3.0, without a pre­cise...
15/06/2022
Hun­gary in­tro­duces 65% ex­tra profit tax on re­new­able pro­jects leav­ing KÁT/METÁR...
On 4 June 2022, the Hun­gari­an gov­ern­ment ad­op­ted a new gov­ern­ment de­cree in­tro­du­cing sec­tor-spe­cif­ic taxes to com­pan­ies viewed by the gov­ern­ment as gen­er­at­ing "ex­tra profits" in the cur­rent ad­verse eco­nom­ic...