Earlier this year the Austrian Ministry of Finance published a draft bill of the Budget Accompanying Act proposing significant amendments to the Austrian Real Estate Transfer Tax Act with potential far-reaching implications for M&A transactions. The proposed changes to the Real Estate Transfer Tax Act would tighten the tax treatment of so-called "share deals"—transactions where shares in corporations or partnerships owning real estate are transferred instead of the real estate itself. These changes, aligned [...]

Welcome to the comprehensive guide on real estate acquisition in Türkiye (Turkey) for foreign individuals and foreign-capitalised legal entities. This article, drawing upon key Turkish legislation and regulations, including the Tapu Law (Land Registry Law) and related circulars, aims to provide a clear understanding of the processes, requirements, and limitations in effect as of 2021. This information is based on the official publication "Taşınmaz Hukukunda Yabancılara İlişkin Mevzuat" by the General Directorate of Land [...]

Following the release of the Guidelines for the Pilot Filing of Real Estate Private Investment Funds (Trial) (commonly referred to as "Circular No. 4") by the Asset Management Association of China (AMAC) in February 2023, real estate funds have garnered significant attention in both private investment and insurance sectors. While real estate funds are not a new concept for insurance companies, uncertainties persist regarding their classification, the applicability of regulatory requirements, and how changes introduced by [...]