Professional & Regulatory Information about Cushman & Wakefield

Introduction

The page outlines the information required under Law 76 of 2009 on the general rules for starting and pursuing service activity in respect of Cushman & Wakefield in Hungary.

The primary entities which deliver client services are:

Name 

Type of entity 

Registry 

Registration No 

Cushman & Wakefield Nemzetközi Ingatlan Tanácsadó Kft

Limited Liability Company

Company Registry

01-09-263277

Cushman & Wakefield Property Management Services Kft

Cushman & Wakefield Property Management Services Kft

Company Registry

01-09-890534

Cushman & Wakefield Hungary Kft

Cushman & Wakefield Hungary Kft

Company Registry

01-09-072716


Sometimes we use other Cushman & Wakefield group entities to provide services. Details can always be found on the engagement letter that is issued by us or, if a different form of contract is used, in that contract.

Our services are governed by written terms and conditions agreed with clients. These contracts are, unless otherwise provided for, governed by Hungarian law and subject to the exclusive jurisdiction of the courts in Hungary.

Contact

The registered office for the primary Cushman & Wakefield entities in Hungary is 1052 Budapest, Deák Ferenc street 5.

We can be contacted rapidly using the “contact us” link, by telephoning our registered office on 0036 1 268 1288, or by e-mailing any of our people at firstname.surname@cushwake.com.

Professional & Other Registrations

Real estate agency work and the provision of certain financial products and services is regulated in Hungary. The details of our regulators and our register entries is set out below:

Name

Regulatory body 

Activities 

Registration No. 

Cushman & Wakefield Nemzetközi Ingatlan Tanácsadó Kft

Notary of the Municipal Council of Budapest

Real estate services, valuation and brokerage activity

C00283

Cushman & Wakefield Hungary Kft

 

C00273

Insurance & Finance

Cushman & Wakefield is required to hold professional indemnity insurance, and our insurers are Liberty Mutual Insurance Company and others who can be contacted via Aon Risk Solutions, 122 Leadenhall Street, London EC3V 4AN. The territorial coverage is worldwide.

We are registered for VAT and our registration number is:

Cushman & Wakefield Kft: 10833375-2-41

Cushman & Wakefield Property Management Services Kft: 14136852-2-4

Cushman & Wakefield Hungary Kft: 10456732-2-41.

Complaints

Cushman & Wakefield in Hungary are committed to continuously improving the services provided to clients. To this end, the firms have developed a formal complaints procedure. To obtain a copy, email ‘Complaints.EMEA@cushwake.com’ or speak to your relationship contact at Cushman & Wakefield.

In the event you do have a complaint, we ask that you contact the Partner in Charge of your engagement first. If you feel that is not appropriate or the response of the Partner in Charge is inadequate, please contact:

Name

Gergely Pados

Title

Managing Director

Office

1052 Budapest, Deák Ferenc street 5


If you are not satisfied with the outcome of how we have handled your complaint, you may be entitled to refer your complaint to one of the following:

Name

Relevant activities

Hungary Contact number

Website

Notary of the Municipal Council of Budapest

Real estate services, valuation and brokerage activity

+36 1 327-1000;

+36 1 327-1208;

+36 1 327-1209

Notary of the Municipal Council of Budapest

District Government of Budapest

Business property management

(1) 450-2598

District Government of Budapest



The criteria for eligibility and the complaints’ investigation procedure can be found on the website of the relevant organisation.