Real Estate Insider

The CERHA HEMPEL Real Estate Insider provides an insight to the real estate industry in Austria and CEE. Besides reviews on case-law and legal developments, the Real Estate Insider covers all aspects affecting the industry including market trends and insights, project and deal reviews, reviews on political and legislative developments, reports on events etc. As one of the leading real estate practices in Austria and CEE, our team is fluent in advising clients on all aspects of real estate law from cross border portfolio transactions to building organizer projects to rental agreements and constructions matters, you name it.

September 2022

Hungary: A Stop to Office and Home Construction?

Buildings with a total useful area of more than 5,000 sqm and apartment buildings located on a single building plot with at least six apartments and a total useful area of more than 1,500 sqm will not receive a preliminary or final building permit in procedures started after 16 August 2022 if the National Architectural Planning Council has not recommended that permission be granted on the basis of the relevant architectural and technical documentation.