28
Thu, Mar
51 New Articles

Real Estate Experts Gather for CEELM Round Table in Budapest

Real Estate Experts Gather for CEELM Round Table in Budapest

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

On Thursday, April 19, 2018, CEE Legal Matters hosted a round table discussion at the Dentons office in Budapest with leading real estate experts in the market.

The round table attendees were:

  • Judit Kovari - Dentons (host)
  • Christopher Noblet - Hogan Lovells
  • Gabriella Galik - KCG Partners
  • Sandor Haboczky - Kapolyi Law Firm
  • Ildiko Kollar - VP Legal Counsel CEE / Prologis
  • Szilard Kui - DLA Piper
  • Attila Ungar - Lakatos, Koves es Tarsai

The conversation focused on the real estate sector which has registered a very high level of activity in Hungary, with the consensus among the participants being that it is set to continue to grow. While still away from pre-crisis levels, the sector was reported to be on an upward trend though some commented that there are question marks when it comes to the future. Worries about the continuation of the capitalization of active funds on the ground as well as a general shortage of products were the main risks raised.

Radu Cotarcea, Managing Editor of CEE Legal Matters who moderated the discussion commented: “These gatherings are always very useful in helping us connect the dots between the deals we report on in our regular coverage and the underlining market trends that lead to them. In light of the considerable number of real estate deals we wrote about recently, the pick to look at the sector was unavoidable."

Judit Kovari, Partner and Head of the Real Estate practice group in Budapest at Dentons, the hosting firm, added: “Dentons was honored and privileged to host yesterday’s CEE Legal Matters Hungarian Real Estate Round Table event. We had meaningful discussions in an informal way on the current and future real estate market with our peers and clients, which is always a pleasant way to exchange our views and impressions of the market.” 

A full transcript of the conversation will be published in the May issue of the magazine. If you are not already a subscriber you can sign up here to receive the issue.

 

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

Firm's website.

Our Latest Issue