Partner

József Várady

Languages

Hungarian
Serbian
English
German
Croatian

József Várady is a Partner in the Real Estate Team of CMS Budapest. He advises on property acquisitions, developments, constructions and leasing involving retail, office, warehouse and residential properties. He also represents clients in litigation matters related to the real estate sector. He also has experience in corporate deals, financing transactions and tax matters.

József is fluent in German and advises German speaking clients as a member of the “German desk” of CMS.

József is ranked and recommended by Chambers & Partners.

Awards & Recognitions

01 –

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"He is reliable and efficient."

Chambers, 2023
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"He is also a distinguished professional, always accountable and giving us prompt replies. He has an exceptional business mindset."

Legal 500, 2022
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"Very reliable and very properly informed about knowledge and legislation in Hungary."

Chambers Europe 2022
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"He acts in a cooperative manner and can put the interests of clients first.”

Chambers, 2021
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"A highly regarded practitioner who is very practical and efficient. He always finds the best solutions for us."

Legal 500, 2021

Relevant experience

Zeus Capital on the acquisition of Váci Corner office building located in Budapest, Hungary by way of acquiring the 100% of the shares.
Bluehouse on the sale of the Infopark E office building and represented in an arbitration procedure regarding a dispute with an anchor tenant.
Mota Engil on the sale of a major development site in South Buda.
A multinational bank on the acquisition and sale of a portfolio of landmark real estate properties located in Hungary.
An institutional investor on the sale of a portfolio of developments plots and the complex corporate restructuring enabling the sale of the properties through a “share deal”.
An institutional investor on the acquisition of 50% of a shopping centre in Budapest through a share deal.
Credit Agricole on the sale of its headquarters in downtown Budapest.
Invesco on the sale of a logistic centre, currently used by Auchan and represented the client in an arbitration over warranty issues.
Embassy of an EU State on the purchase and development of the new residence for the ambassador.
Several tenants on complex lease agreements for various tenants such as British Telecom, Baxter, Mastercard, and Travelport etc.

Memberships & Roles

Member, Budapest Bar Association

Education

2003 – LL.M. in International Business Law, Central European University, Budapest
2001 – Legal studies (exchange program), Friedrich-Wilhelms University, Bonn
2002 – Doctor of Law, Pázmány Péter University, Budapest

Practice Areas

Real Estate

sectors

Hospitality, Travel & Leisure

Insights by József

See all Insights

Legal Update Hungary

Hungary stiffens "Plaza Stop" regime regulations, but new rules to affect supermarkets only

26 Aug 2025 3 min read

News Hungary

CMS assists Renalfa IPP on EUR 1.2bn investment programme and EUR 315m EBRD-led loan in CEE

28 Jul 2025 2 min read