Real estate valuation plays a crucial role in many mergers and acquisitions ("M&A"), especially when real estate assets may represent a significant portion of a target company's value. However, accurately assessing real estate value in M&A deals comes with unique challenges. Key obstacles include diverse valuation methods, complex ownership structures and strategic tax planning. The first challenge, evaluating the real estate assets, requires the calculated decision on which valuation method is best suited for [...]

As part of its 2025 tax reform, Austria has introduced new rules for the real estate transfer tax (GrESt) in cases of shareholder changes. The aim is to ensure more effective taxation of real estate transactions structured as "share deals". Previously, tax liability was triggered only when at least 95% of the shares in a company were transferred, or when at least 95% of the shares were consolidated in the hands of a single [...]

Effective September 1, 2025, certain foreign individuals and entities are no longer able to purchase or acquire an interest in real property in Texas. Governor Abott signed Senate Bill 17 into law on June 20, 2025, amending Chapter 5 of the Texas Property Code to add Subchapter H. The new legislation targets governmental entities of and companies, organizations, and individuals from "designated countries," which Subchapter H defines as countries that the U.S. Director of National Intelligence identifies as [...]