CMS Budapest received the prestigious CIJ Awards Hungary 2017 for the Best Real Estate Law Firm yesterday. CMS has been involved in the most high-profile real estate transactions and developments that shaped the Hungarian real estate market in the past year, with an aggregate deal value of nearly EUR 800 million. This has been recognized by a Jury Committee representing top management and real estate experts from the European Real Estate Market last night at the CIJ Awards Gala.
“This past year was extremely busy and successful for us and we are proud that our hard work earned us this prestigious title. Together with József Várady, our recently appointed partner and our 10-strong real estate team we completed a dozen of real estate transactions throughout 2017, which are all exceeding the value of EUR 10 million” – said Gábor Czike, Partner and Head of Real Estate at CMS Budapest.
“The real estate market is booming and we experience this from the first row – our real estate practice have quickly grown to be our core practice area at CMS Budapest. This award and the feedback from our clients proves that we are on the right track” – added Gabriella Ormai, Managing Partner of CMS Budapest.
About the award:
The CIJ Awards are the longest-running commercial property awards event in Budapest, Hungary, organized by CIJ, CEE & SEE Europe’s Real Estate digital and print news provider. The Jury Committee represented the top real estate experts from the European Real Estate Market – Funds, Investors, Developers and property owners, who evaluated nominations in 5 groups and 20 categories. Nominations were judged on the value they bring to the real estate they fill, including consideration of the size, quality, design, value, time, term, company and team.