Based on our experience and feedback from our clients, Hungary’s real estate law has already provided a very favorable legal environment for secure real estate investments. In the integrated land registration system, introduced in 1971, based on a cadastral map, real estate transactions are administered by one single decentralized organization comprising 20 regional and 119 district land offices.
Ukraine: Build Back Better According to International Standards
On January 19, 2024, the International Federation of Consulting Engineers (FIDIC) entered into a strategic partnership with Ukraine’s Ministry for Communities, Territories, and Infrastructure Development. The deal aims to create National Particular Conditions for using FIDIC contracts in Ukraine. This is promising news for professionals familiar with drafting such contracts for Ukrainian construction projects. But can FIDIC forms be used in Ukraine while this initiative is in progress, and what challenges do professionals face in using these contracts in the country?
Zepos & Yannopoulos Advises Hellenic Properties on Development of Tavros Office Building
Zepos & Yannopoulos has advised Hellenic Properties on its acquisition of a former industrial building located in Tavros, Attica, to be developed into a green office building.
Schoenherr Advises Euro Real Estate on Acquisition of City Tower Vienna from Immofinanz
Schoenherr has advised Euro Real Estate Holding on the indirect acquisition of the City Tower Vienna via United Benefits Holding from Immofinanz. Reportedly, Jank Weiler Operenyi advised Immofinanz and Wolf Theiss advised UniCredit Bank Austria.
Martin Seda Appointed Chief Legal & Compliance Officer at Home Credit International
Former Home Credit International Legal Manager Martin Seda has been promoted to the Chief Legal & Compliance Officer position for the group.
BDK Advokati Advises Net Montenegro on Casino Concession Agreement with Government of Montenegro
BDK Advokati has advised Turkish Net Holding subsidiary Net Montenegro on a casino concession agreement with the Government of Montenegro.
ODI Law and Senica & Partners Advise on Katera's Acquisition of Majority Stake in Nama
ODI Law has advised German Katera Beteiligungs-Verwaltungsgesellschaft P11 mbH on its acquisition of an 87,58% shareholding in Nama from Zavarovalnica Triglav and Generali. Senica & Partners advised Zavarovalnica Triglav on the deal.