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Hungary: Schoenherr wins Best Law Firm of the Year at 2024 CIJ Awards Hungary

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Schoenherr has won Best Law Firm of the Year at the 2024 CIJ Awards Hungary gala in Budapest. In the last three years, Schoenherr's real estate practice has played a prominent role in landmark deals in Hungary. 

"I am extremely proud of our real estate team for their unwavering dedication and exceptional support," said László Krüpl, head of Schoenherr Hungary's real estate and construction practice. "This award confirms that we are heading in the right direction in the real estate sector. We remain committed to working tirelessly to provide our clients with the highest quality legal services."

Schoenherr's key work highlights include two BTS projects executed for OTP Real Estate Investment Fund, a major Hungarian real estate market player, concerning the development of new headquarters for Rossmann Hungary and the new Hungarian site for ZF Chassis, both German companies. The Rossmann deal was the largest BTS development in Hungary in 2023-2024. 

Other notable transactions include renewable greenfield projects, such as support for the Swiss company MET in relation to the acquisition of a 52-hectare plot of land in Kaba via a share deal, as well as the completion of two 150 MW PV projects. In addition, the Schoenherr team worked on several asset deals in the industrial sector, including two for the Belgian company Bontexgeo and one for the Chinese company Fiberhome. 

About CIJ EUROPE

For almost 30 years, CIJ EUROPE has been reporting on new projects, properties, transactions and development initiatives, while also providing commentaries and detailed analyses of the market, statistics and information on the latest trends in Northern, Central and Eastern Europe and in the international real estate development community. It presents interviews with the people who shape the industry, influential politicians, and key officials who decide on planning and public tenders.