A recent legislative amendment to Law no. 17/2014, concerning certain measures regulating the sale of extra muros agricultural land, which also amends Law no. 268/2001 on the privatisation of companies managing public and private state-owned agricultural land and the establishment of the State Domains Agency (“Law 17”), has been proposed in the Romanian Senate. This amendment aims to introduce a new category of pre-emptors: owners of land adjoining extra muros arable land, regardless of the location within or outside city limits and regardless of the land use category.
Clifford Chance Advises PPF Banka on Crestyl Residential Project Financing
Clifford Chance has advised PPF Banka on financing Crestyl's development of Zamecke Zahrady III and 33 residential homes.
Havel & Partners Advises Sekyra Group on Sale of Land Plots in Prague
Havel & Partners has advised the Sekyra Group on its sale of land plots in the Smichov city district of Prague to an SPV of Ceska Sporitelna. Wilsons reportedly advised Ceska Sporitelna.
KSB Advises Dagmar Havlova on New Investor Entry into Lucerna Palace
Kocian Solc Balastik has advised Dagmar Havlova on the entry of BTL Healthcare Technologies as a new investor into Lucerna Palace. Dunovska & Partners reportedly advised BTL.
Hungarian Government Extends Reduced VAT Rate for New Homes
Finance Minister Mihaly Varga announced on 4 May 2024 that the Government will prolong the preferential VAT regime for new homes for an additional two years.
Alexandra Ivancia Joins CTP Romania as Head of Legal Leasing
Alexandra Ivancia has joined CTP Romania as its new Head of Legal Leasing.
PAE Splits Into AECO and PKS in Turkiye
Pelister Atayilmaz Enkur Law Office in Turkiye has split into AECO Law and Pelister Keki Sarac & Co.