CMS
Client SatisfactionThe renewable energy sector has been a particular focus area for the real estate team at CMS, along with the office, and the distribution and industrial spaces. Across Hungary and the CEE region, the practice advises on property portfolio sales and acquisitions. The team’s expertise spans all asset classes and includes industry-specific advice on construction and development projects, including relevant litigation. With over 20 years of experience in the sector, Gábor Czike leads the team alongside József Várady, who advises a diverse list of Hungarian and international clients on real estate projects. András Klupács specialises in the hotel and leisure industry, while László Jókay focuses on commercial lease agreements, including the preparation and negotiation of transactional documents.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘If my company has a material property transaction, I always insist on working with CMS. They always provide realistic legal advice that is not only compliant, but also reflects the practice of the Hungarian governmental bodies and the reality. Gábor Czike can remain calm in any circumstances and can come up with very creative solutions when the negotiations are stuck.’
‘Gábor Czike - very wide horizontal and vertical industrial practice, calm attitude, out-of-the box solutions, practical knowledge of the administrative procedures, good understanding of the business needs.'
‘The team is very fast and provides comprehensive solutions with recommendations or alternatives. Key capabilities - good market knowledge and experience, good networking. Huge experience in real estate.’
‘József Várady speaks perfect German and next to perfect English. Knows how institutional clients like real estate funds work, fast and top replies. Great experience in real estate market and great communication to clients (not too complicated, so that non-lawyers understand, too).’
Key clients
- Primark Limited
- Union Investment Real Estate GmbH
- Atenor Hungary Kft.
- Futureal Ingatlanfejlesztő Kft., Cordia
- Fattal Properties (Europe) Ltd.
- Infineon Technologies
- eMAG
- Groupama Gan REIM / SCPI Affinités Pierre
- Rheinmetall Landsysteme GmbH
- FLE Group
Work highlights
- Advised Groupama Gan REIM, which, on behalf of French investor SCPI Affinités Pierre, has acquired the Green Court Office complex in Budapest from Belgian developer Codic Hungary and its partners Picton Group and Pesti Házak.
- Advised Primark on the setting up of its business presence in Hungary, including its first retail lease agreement in one of the prominent shopping centres in Budapest, Aréna Plaza.
- Assisted Futureal with the acquisition of an office building to be refurbished and a large-scale residential project, in particular advising on the land acquisition and zoning matters relevant to the project.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
András Klupács
CMSLeading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
József Várady
CMSPractice head
The lawyer(s) leading their teams.
Gábor Czike, József Várady