Save on lawyers later, and not at the beginning: Dew-diligence of commercial real estate in Germany
German real estate is one of the most reliable assets in Europe. Partly because of this, modern Germany is considered to be the seller’s market: good properties are bought up…

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Brexit: how did the prospect of a UK exit from the EU affect the real estate market?
The results of the referendum on UK withdrawal from the European Union, held on June 23, 2016, could not leave indifferent players in the real estate market. The forecasts that…

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Green building: fashionable and profitable
In October 2017, Saudi Arabia presented an ambitious project of a “smart” and environmentally friendly city on the Red Sea coast “Neom”. According to the authors, the city will receive…

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maintaining the facility

Save on lawyers later, and not at the beginning: Dew-diligence of commercial real estate in Germany

German real estate is one of the most reliable assets in Europe. Partly because of this, modern Germany is considered to be the seller’s market: good properties are bought up quickly, and in most cases, realtors prefer to work with local customers. Another thing is larger and more risky transactions: for example, for objects with a low yield, but located in a prestigious place, foreign investors are often ready to offer a higher price than the Germans. Such a property should be checked especially carefully by the buyer – the procedure for evaluating the object is called due diligence (from English. “Due diligence”). Continue reading

How to get Spanish citizenship?
Spanish law provides for several official methods of obtaining citizenship (or citizenship, since Spain is a monarchy by form of government). A general requirement that applies to all applicants is…

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Business in Athens: not a catastrophe, but an opportunity
Greece returns business confidence. In February 2018, the international rating agency Moody's raised the rating of the issuer of Greece from Caa2 to B3. The volume of foreign direct investment…

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Cities vs. Airbnb: How the authorities are trying to streamline the daily rental market
In 2007, Brian Chesky and Joe Gobbia came up with an online service for daily rent of apartments Airbnb - since then, travelers around the world have used it about…

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PropTech: the digital real estate revolution
The rapidly developing digital technologies, steadily penetrating into all spheres of our life, have not bypassed the real estate market, where the term PropTech is increasingly mentioned. PropTech (from the…

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