Immobilier et construction

eAlerts Récentes

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  15.09.2023

  Ukraine

  Ukraine Supreme Court interpretations of building regulations prove crucial to the construction industry within Ukraine

  The Ukrainian legislative framework regulating construction is constantly under development and is not always straightforward or aligned. In order to launch a construction project in Ukraine, it is crucial for developers to consider the guidance found in the decisions of the Supreme Court, which are binding for state apparatus, including authorities granting permissions to develop buildings. When high court decisions make a U-turn in established practice, they can potentially impact the market. The following article describes Supreme Court decisions in two areas of development: construction in...

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  04.09.2023

  United Kingdom

  Planning conditions vs permitted development rights relevant to changes within use classes

  SummaryThis Law-Now considers a recent case which addressed the circumstances in which the range of uses allowed by Class E could be limited by a planning condition which restricted the use of premises and removed permitted development rights.  In particular, the court considered whether such a condition needed to contain express wording to specifically remove the operation of the Town and Country Planning (Use Classes) Order 1987 (“UCO”).In Lazari Properties 2 Limited v Secretary of State for Levelling Up, Housing and Communities v. The London Borough of Camden ([2023] EWHC 2026...

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  01.09.2023

  Hongrie

  Summary on the employment of guest workers in Hungary

  On 1 November 2023, Act L of 2023 on the Employment of Guest Workers in Hungary will enter into force, introducing a new type of residence permit (i.e. the guest worker residence permit). The government and ministerial decrees for the detailed rules of the Act have not yet been published, but the following is a summary of what is known about the legislation.Who can apply for a guest worker residence permit?Citizens of countries that are not neighbours of Hungary and located outside the European Economic Area. (These countries will be listed in the relevant ministerial decree). The permit can be...

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  04.07.2023

  Ukraine

  Ukraine resumes large-scale privatisation

  On 22 June 2023, the Law of Ukraine No. 3137-IX “On the Introduction of Amendments to Some Legislative Acts of Ukraine Regarding the Optimisation of the State Property Fund of Ukraine, Improvement of State Property Management and Effectiveness of the Sanctions Policy” came into effect with provisions of this law related to the management of sanctioned assets to be effective on 22 September 2023.The law enables large-scale privatisation of state assets and state companies while martial law is in place, enhances the centralisation of the State Property Fund of Ukraine, extends the powers...

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  29.06.2023

  Serbia

  Unlocking value and increasing liquidity: the rise of sale-and-lea­se­back transactions in SEE

  In their pursuit of optimising capital structure and enhancing liquidity, companies in the Southeast European (SEE) region are embracing sale-and-leaseback transactions. These transactions offer companies the opportunity to unlock the value of their real estate and other assets while retaining their operational use. This article explores the growing popularity of sale-and-leaseback transactions in the SEE region, examining their benefits and implications for companies and investors.Understanding sale-and-leaseback transactionsA typical sale-and-leaseback transaction involves the sale of a property...

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  26.06.2023

  Hongrie

  Hungarian government caps energy fee price element of electricity prices in select sectors

  On 19 June 2023, Hungarian government adopted a new government decree establishing a cap of EUR 200/MWh on the energy fee price element of the electricity price to be applied between 1 July to 2023 and 31 December 2023 for fixed-priced electricity supply contracts concluded by electricity traders and certain entities. The new legislation is a response to current unreasonably high prices in electricity markets, which are causing significant losses in the national economy.Beneficiaries of the capped electricity priceNon-natural persons and private entrepreneurs in the following registered activities...

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