Baker McKenzie has advised Deutsche Telekom IT Solutions on its headquarters relocation to the Hungarian Telekom building in Budapest. DLA Piper advised developer WING on the lease.

Todeila Sandu has advised Bucharest-based VR Business Capital on its acquisition of the Rembrandt Art Center network in Romania.

Deloitte Legal has advised Immofinanz on its sale of office properties in Wienerberg, Vienna, to S Immo. Dorda reportedly advised Immofinanz as well. Schoenherr reportedly advised S Immo.

Wolf Theiss has advised Switzerland-based generic medicines company Sandoz on its long-term office lease agreement with RSJ Investments for business premises in Prague. Wilsons advised landlord RSJ Investments.

On November 3, 2023, Cobalt announced that Ignitis Renewables' acquisition of a wind farm in Kelme, Lithuania, from E Energija (reported by CEE Legal Matters on July 4, 2023) had closed.

The draft of the new Hungarian Construction Act was recently published for public consultation. Although the act only lays down the general rules, and details will be laid down in other regulations that are not yet known, several new features can already be seen in the draft. In our short article we summarise a few important changes.