Andrzej Tokaj
I am delighted to present to you the winter edition of the GGI FYI Real Estate Newsletter, which features several splendid articles.
Notably, this edition includes contributions from first-class authors across three continents and seven jurisdictions, making it an exciting publication of 'hot' topics from various global locations.
Beginning with the US, Aaron Quinby of Moss & Barnett discusses the potential transformation of the traditional commission structure in the US, following a recent settlement reached by the National Association of Realtors.
Next, Andrew Emmert of DBL Law explores specific Ohio mechanisms for a drop-and-swap or entity purchase structure that, in combination with new state tax regulations, offers protection when implementing tax-saving measures.
Over to Australia, Tony Nunes and Matthew Broadhurst of Kelly and Partners write about the regulatory framework that allows Australia’s Foreign Investment Review Board (“FIRB”) to conduct governmental reviews of prospective investments planned by foreign persons in Australia.
My Penteris colleague, Katarzyna Sawa-Rybaczek, examines the recent trend of investing in distressed real estate assets in Poland.
In Canada, Saghi Khalili reports on an NBA player’s triumph in a fraudulent misrepresentation suit.
Back to Europe, Javier Ortega from Spain discusses the entitlement of non-residents in Spain to apply regional regulations to inheritance and gift tax.
Returning to the US, Kristy Bourgeois explains a new rule issued by the United States’ Financial Crimes Enforcement Network, which will impose disclosure requirements on many US real estate transactions.
Last but not least, Raffaela Lödl-Klein and Mario Kapp delve into Austrian renewable energy communities, which operate as associations for the joint production and utilisation of energy.
Many thanks to all the contributors to this edition. I hope you all enjoy reading our Real Estate articles.
We now have a new management team leading the practice group for the next three years—check them out here. As a few positions remain vacant, I encourage everyone to express an interest. Please feel free to contact any of us about any practice group matter.
Most importantly, we wish you all a wonderful and relaxing Christmas season. I look forward to connecting with many of you at one of the conferences scheduled for 2025 in such wonderful locations.
Andrzej TokajResponsible Editor & Global Chair of the GGI Real Estate PG
Andrzej Tokaj’s focus on building and maintaining trust has been a benchmark throughout his career. His expertise and industry-related experience, together with his dedication and engagement, have built a powerful practice, and these founding principles continue to drive his team to fulfil client goals. Contact Andrzej.
Penteris is a European law firm committed to keeping clients ahead of the market with a mantra of “getting things done” and “building long-term relations”.
GGI member firmPenterisWarsaw, PolandT: +48 22 257 83 00Law Firm Services, Tax
DisclaimerThe information provided in this newsletter came from reliable sources and was prepared from data assumed to be correct; however, prior to making it the basis of a decision, it must be verified. Ratings and assessments reflect the personal opinion of the respective author only. We neither accept liability for, nor are we able to guarantee, the content. This publication is for GGI internal use only and intended solely and exclusively for GGI members.
