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.