On 17 December 2024, in a lawsuit brought by a tenant against his landlord for repayment of operating costs and rent increases based on indexation, the Supreme Court ruled (10 Ob 54/24z) that the landlord was obliged to repay the operating costs, but confirmed the validity of the value retention clause and provided some clarification on points that had previously been controversial.

Abcoo has represented Eczacibasi Holding on a promise-to-sell real estate agreement in return for revenue sharing with Mia Ordinary Partnership. Sole practitioner Fatih Yildirim reportedly advised Mia Ordinary Partnership.

Kinstellar has advised Mitiska REIM fund First Retail International 2 on the acquisition of land in Bratislava for the construction of the Podunajska Brana retail park via a joint venture between Mitiska Group and Asset Services.

The legislator recently introduced a number of implementing regulations for the Architecture Act and more are expected in the near future. In this article, DLA Piper Hungary's lawyers outline the key details of the new, generally mandatory contractor's professional liability insurance, taking into account that contractors must have such insurance from 15 January 2025.

Clifford Chance has advised Ares Management Real Estate Secondaries funds on its joint venture with Cedar Capital Partners and on the European Hotel Portfolio recapitalization by the joint venture.

CMS has promoted Martina Gavalec and Natalia Janoskova to Partner at the firm’s Slovakia office.