Tuca Zbarcea & Asociatii has advised Belgian developer WDP on the full acquisition of the Expo Market Doraly wholesale, cash & carry, and retail shopping complex in Romania. Deloitte Legal reportedly advised sellers ARA Europe and Gheorghe Iaciu.

Schoenherr has advised Bontexgeo on the renewal of its lease agreement for an industrial facility in Tiszaujvaros with Cordys Holding Zrt. Sole practitioner Tamas Eperjesi reportedly advised the lessor.

Hungary’s real estate market has undergone a notable transformation in response to recent economic shocks – war, soaring energy prices, sharp interest rate hikes, and high inflation rates. Initially taking a cautious wait-and-see approach, market players have now shifted toward a more proactive approach, navigating the complex economic environment through innovative strategies. Among these strategies, mixed-use developments have gained traction. They’re seen as resilient to market turbulence but also provide innovative development opportunities and new ways for urban transformation.

SKJB Szybkowski Kuzma Jelen Brzoza-Ostrowska has advised the seller on the sale of two logistics parks with a gross leasable area of over 82,000 square meters located in Pruszkow and Ozarow Mazowiecki.

Suciu Popa has advised Meta Estate Trust on its acquisition of the Poiana SPV 6814 company and its real estate asset rights in Romanian winter resort Poiana Brasov.

Kinstellar has advised S Immo on the sale of the Zagrebtower office building to the OTP Group. Vukina & Partners advised the OTP Group.