Home / People / Gábor Czike
Portrait of Gábor Czike

Gábor Czike

Partner
Head of Real Estate and Construction, Hungary

CMS Cameron McKenna Nabarro Olswang LLP Magyarországi Fióktelepe
YBL Palace
Károlyi utca 12
1053 Budapest
Hungary
Languages Hungarian, English
Hotels & Leisure

Gábor is a partner of CMS Budapest and head of the Real Estate & Construction Group. He also coordinates the Hotels & Leisure Team at CMS Hungary.

He has more than 20 years’ experience in advising many of the major market players on a full range of legal issues affecting the real estate and the hotels & leisure sectors. Gábor advises on every aspect of the hotel industry, including hotel acquisitions, hotel and resort construction and development projects, management agreements and leases, financing and structuring, tax-related matters and operational issues, often with a cross-border element.

Due to his active involvement in the property market, RICS, the world's leading professional body for qualifications and standards in land, property and construction, invited him to become a member as the first Hungarian lawyer amongst RICS members.

As a recognised lawyer and expert in the real estate and hotels & leisure sectors, Gábor speaks regularly at national and international conferences and seminars.

Gábor is recommended by both Legal 500 and Chambers and Partners in Real Estate.

more less

"We have developed a very friendly relationship with him and, as such, we manage to tackle complicated issues in large cases".

Chambers 2021

"An outstanding and great lawyer, who is well known and respected. He has significant experience of handling real estate transactions, such as acquisitions, joint ventures, new investments and constructions. He is a real professional, one of the most experienced in the industry”.

Legal 500, 2021

"Gábor Czike knows what to focus on and how to make the deal happen."

Legal 500, 2020

"Devoted and energetic."

Chambers, 2020

He is great in what he does and always finds the best solutions in complicated cases.

Chambers, 2016

Gábor Czike is praised for his "high-quality work, and for thinking for himself rather than awaiting instructions from the client."

Chambers, 2015

Relevant experience

  • Forestay Group on the lease and financing structure of a student housing project. The final owner of the student housing project became a Hungarian real estate fund which required extensive licensing and compliance procedures.
  • A Hungarian property management and leasing company, the owner of a Budapest downtown 4* hotel on the asset sale of the hotel to a foreign real estate fund.
  • A Hungarian property management and leasing company on the letting of a built-to-suit hotel development to a major international chain.
  • A fund managed by a major real estate company on the acquisition of the largest shopping centre in Szeged.
  • Recovery 
    • on the sale of a SZOT Hotel in Budapest.
    • on the sale of a yacht harbour at Lake Balaton in Hungary. 
  • Bedori Investment on the leasing of a new hotel development of MEININGER Hotels in Hungary.
  • A major Chinese investor on the planned acquisition of a hotel located in Siófok, Hungary.
  • CIB Bank on the restructuring of the financing of a major hotel in Budapest.
more less

Memberships & Roles

  • Member, FRICS, RICS
  • Member, Budapest Bar Association
more less

Publications

  • Changes in the retail sector (article in Hungarian) – Napi Gazdaság
  • Once upon a store (article in Hungarian) – Napi Gazdaság
  • The impact of closed Sundays on lease contracts (article in Hungarian) – Napi Gazdaság
more less

Lectures list

  • Speaker, Portfolio - RICS Property Valuation Conference 2015 
  • Speaker, Portfolio.hu Property Investment Forum 2012
more less

Education

  • 1998 - Diploma in EU Law, The University of Aalborg, Aalborg, Denmark
  • 1995 - Doctor of Law, József Attila University, Szeged, Hungary
more less
Real Estate

Gábor is a partner of CMS Budapest and head of the Real Estate & Construction Group. 

Gábor has more than 20 years’ experience in advising many of the major market players on a full range of legal issues, including property acquisitions, developments, constructions and leasing involving retail, office, warehouse and residential properties. He also has extensive experience in all property related legal issues including stamp duty, environmental protection, planning and construction matters, as well as issues affecting the hotel & leisure sector. 

Due to his active involvement in the property market, RICS, the world's leading professional body for qualifications and standards in land, property and construction, invited him to become a member as the first Hungarian lawyer amongst RICS members.

Gábor is recommended by both Legal 500 and Chambers and Partners in Real Estate.

more less

"We have developed a very friendly relationship with him and, as such, we manage to tackle complicated issues in large cases".

Chambers 2021

"An outstanding and great lawyer, who is well known and respected. He has significant experience of handling real estate transactions, such as acquisitions, joint ventures, new investments and constructions. He is a real professional, one of the most experienced in the industry”.

Legal 500, 2021

"Devoted and energetic."

Chambers, 2020

"Gábor Czike knows what to focus on and how to make the deal happen."

Legal 500, 2020

He is great in what he does and always finds the best solutions in complicated cases.

Chambers, 2016

Gábor Czike is praised for his "high-quality work, and for thinking for himself rather than awaiting instructions from the client."

Chambers, 2015

Relevant experience

  • Goodman 
    • on the development of the largest, multi-billion-forint greenfield logistics facility in Hungary.
    • on an 80.000 sqm built-to-suit warehouse letting.
  • Atenor 
    • on the acquisition and lease agreements of a 19,000 sqm of land on the main road corridors in Budapest.
    • on the sale of four buildings (A, B, C and D) in the Váci Green complex in Budapest to various companies.
    • on the acquisition and development of an office building development (approximately 40,000 sqm GLA) in the XIII District of Budapest.
  • Pepco on the planned development of Pepco’s new regional distribution center in Gyál-Hungary.
  • One of the largest shopping malls on the full restructuring of the operation and the subsequent sale in Hungary.
  • Siemens on the sale and leaseback of its nearly 40,000 sqm site on Gizella Road in Budapest, Hungary.
  • A Hungarian property management and leasing company on the letting of a built-to-suit hotel development to a major international chain.
  • A major German OEM on all issues concerning greenfield developments, including real estate (potential expropriation, construction permits, site acquisition, etc.), foreign investments and state aid law, corporate structure and tax.
  • A fund managed by a major real estate company on the acquisition of the largest shopping centre in Szeged.
more less

Memberships & Roles

  • Member, FRICS, RICS 
  • Member, Budapest Bar Association
more less

Publications

  • Changes in the retail sector (article in Hungarian) – Napi Gazdaság
  • Once upon a store (article in Hungarian) – Napi Gazdaság
  • The impact of closed Sundays on lease contracts (article in Hungarian) – Napi Gazdaság
more less

Lectures list

  • Speaker, Portfolio - RICS Property Valuation Conference 2015 
  • Speaker, Portfolio.hu Property Investment Forum 2012
more less

Education

  • 1998 - Diploma in EU Law, The University of Aalborg, Aalborg, Denmark
  • 1995 - Doctor of Law, József Attila University, Szeged, Hungary
more less

Feed

13/07/2021
Hun­gary ad­opts new land re­gistry law
On 15 June 2021, the Hun­gari­an par­lia­ment ad­op­ted the new land re­gistry act, which will in­tro­duce com­pre­hens­ive changes in the Hun­gari­an land re­gistry sys­tem. Most pro­vi­sions of the new land re­gistry...
15/06/2021
Hun­gary re­stricts qual­ity ag­ri­cul­tur­al land for sol­ar power plants
Hun­gary has an­nounced changes to cer­tain rules of the Land Pro­tec­tion Act, which took ef­fect on 5 June 2021. The most im­port­ant change is that sol­ar power plants with nom­in­al ca­pa­city of more than 0.5...
24/03/2021
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
01/02/2021
Elec­tron­ic sig­na­tures in real es­tate doc­u­ments in Hun­gary
1. Which doc­u­ments can use an elec­tron­ic sig­na­ture and take leg­al ef­fect? Gen­er­ally, any doc­u­ment which does not need to be re­gistered at the Hun­gari­an Land Re­gistry can be signed us­ing an elec­tron­ic...
01/09/2020
CMS in Hun­gary
Like the rest of the world, Hun­gary has been af­fected by the glob­al Cov­id-19 pan­dem­ic. The coun­try has ex­per­i­enced strong growth over the last dec­ade, with the auto and elec­tron­ics sec­tors be­ing par­tic­u­larly...
01/07/2020
Sign­ing with e-sig­na­ture in CEE
Di­git­al­isa­tion af­fects all as­pects of a busi­ness’s op­er­a­tions, in­clud­ing con­tracts, in­tern­al doc­u­ment­a­tion and em­ploy­ment re­la­tion­ships. The COV­ID-19 pan­dem­ic has cre­ated the need for con­tact­less and...
17/06/2020
Law and reg­u­la­tion of rent­al agree­ments in Hun­gary dur­ing Cov­id-19
Up­dated on 23.03.2020 1. Is a less­ee eli­gible for rent re­duc­tion due to a sig­ni­fic­ant de­cline in foot­fall and con­sequently its turnover as a res­ult of COV­ID-19? No, in prin­ciple not, but fi­nal de­term­in­a­tion...
13/12/2019
CMS Bud­apest named Best Real Es­tate Law Firm at CIJ Award for the third...
CMS Hun­gary has re­ceived the award for Best Real Es­tate Law Firm at the CIJ Awards 2019, tak­ing the top spot for the third con­sec­ut­ive year. Throughout 2019, CMS has con­tin­ued to be in­volved in the most...
02/12/2019
Pr­op­tech Smart Of­fice bro­chure 2019
Our latest CMS Pr­op­tech Smart Of­fice Bro­chure in­cludes a task list which sum­mar­ises the data pro­tec­tion (GDPR) com­pli­ance re­lated doc­u­ments and tasks to be done by op­er­at­ors of smart of­fice build­ings...
07/10/2019
CMS European Real Es­tate Deal Point Study 2019
A first glance sug­gests there were no ma­jor changes in the European in­vest­ment mar­ket in 2018, with the in­vest­ment volume be­ing roughly the same as in the pre­vi­ous year at around EUR 264bn. However...
05/09/2019
CMS rep­res­en­ted GTC on the sale of “White House”
CMS Bud­apest has been re­tained to ad­vise GTC Hun­gary, a lead­ing real es­tate in­vestor and de­veloper fo­cus­ing on de­vel­op­ments in the CEE on the sale of the White House of­fice build­ing in Bud­apest, Hun­gary...
16/04/2019
CMS Soil and Ground­wa­ter Con­tam­in­a­tion Guide
From the 1970s on­wards, soil and ground­wa­ter con­tam­in­a­tion has be­come an in­creas­ingly im­port­ant reg­u­lat­ory is­sue. However, there are still no uni­form reg­u­la­tions. Nu­mer­ous sets of rules have been de­veloped...