Starting from 1 January 2025, Hungary moves to a fully electronic land registry system following many delays and the potential benefits are transformative. The push for this modernization began in the 2010s, spurred by the success of electronic property registration systems across Europe. Countries like Austria and the Czech Republic have been using electronic land registries since 2001, with Slovakia, Romania, Poland, and most recently Bulgaria following suit in 2021. While these countries maintain paper-based options, the shift toward digital processes has proven advantageous.
Dorda Advises KGAL on Acquisition of Office Building in Vienna
Dorda has advised KGAL on the acquisition of the VIE office building in Vienna.
Deivis Valiulis Joins Eversheds Sutherland as Partner
Former Triniti Jurex Attorney at Law Deivis Valiulis has joined Eversheds Saladzius' real estate and construction team as Partner, together with Senior Associates Raminta Vilcinskaite and Ruta Brazauskiene, Associate Marius Choniakovas, and Lawyer Dominyka Burneikaite.
Glatzova & Co Advises on Julius Meinl Investment SICAV Establishment
Glatzova & Co has advised on the establishment of the investment fund Julius Meinl Investment SICAV and its sub-fund – The Julius Sub-Fund 2024.
Dorda Advises GalCap Europe on Acquisition of Three Residential and Commercial Buildings in Vienna
Dorda has advised GalCap Europe on its acquisition of three residential and commercial buildings in Vienna.
BPV Huegel Appoints Paul Pfeifenberger to Partner
BPV Huegel has promoted former Attorney at Law Paul Pfeifenberger to Partner.
TGS Baltic Advises on Sale of UNA Retail Park to EfTEN
TGS Baltic has advised a shareholder of UNA retail park on the sale of shares to EfTEN.