Mihály Schrancz


People Mihály Schrancz


Realis Development
CEO, Founding Partner

Realis Development’s CEO and Founding Partner is Dr. Habil. Mihály Schrancz, an architect with a Ph.D. in monument protection. He has 20+ years of international real estate experience gained at shopping centre developer ECE (Hamburg) and Hochtief (Frankfurt). For 8 years he managed the professional activities of Property Market, listed among the TOP 5 development companies of the Hungarian real estate market, including 3 years as its number one leader. As a first-line manager he was involved in the development of 2,500 apartments, 3 hotels (4*, 5*) and 200,000 aqm net office space; the sale of 1,200 apartments; and the management of projects worth €1.5 billion. His references include HillSide Offices, Elysium and BudaPart: the largest neighbourhood-scale mixed-use project in the history of Budapest that won the 2022 FIABCI World Prix d'Excellence Award. A founding member of the Hungarian BIM Association, and a former HuGBC board member, Mihály was listed 3 times among the TOP 50 most influential real estate market players by Portfolio, Hungary’s leading economic print and online platform.





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