Andrzej Tokaj
I am delighted to share an edition that truly showcases the strength of our Group. This issue features a wide array of engaging and topical articles contributed by authors from four continents and twelve jurisdictions.
Jesús Ruíz Ballesteros from Málaga, Spain fiercely and insightfully challenges the reasoning and outcome of a recent ruling by the Spanish Central Economic Administrative Tribunal which, as Jesús points out, undermines various European and Spanish regulations governing the creation of a holding company through restructuring and tax treatment of dividends payable to that holding company.
Next, Philip Goll from Darmstadt, Germany, outlines changes to Germany’s real estate transfer tax that took effect on 01 January 2025.
Thirdly, Saghi Khalili, Pallett Valo, Canada, examines a recent judgment by the Ontario Court of Appeal and clarifies what the term “rent” means under relevant legislation in Ontario and the implications this has for the limitation periods of related obligations.
Peter Fassl from HSP, Vienna, Austria presents the European Sustainability Omnibus Package, highlighting the relaxed requirements for small- and medium-sized enterprises.
Also from Austria, Mario Kapp and Raffaela Lödl-Klein explore tax, legal, and ESG trends in structuring cross-border real estate transactions in Austria.
Alessandro Occhionero from Milan, Italy shares legal insights and investment opportunities in Milan and the Lake District real estate markets.
Tony Nunes and Isabella Chin, Sydney, Australia, discuss the temporary ban on foreign ownership of housing in Australia, which is due to remain in effect until 31 March 2027.
My dear Warsaw-based colleague, Katarzyna Sawa-Rybaczek, discusses the green financing of real estate in Poland.
Joost Donkersloot from Leiden, the Netherlands, presents recent Dutch amendments to regulations governing service charges for residential accommodation.
Dr Jörn Bosse, FPS, Hamburg, Germany, presents new requirements for long-term leases in Germany.
Alina Iozsa from Timișoara, Romania discusses new regulations on FDI in Romania with a special focus on real estate.
And Sudhanshu Singh from Hanoi, Vietnam comments on the rapidly growing real estate investment market in Vietnam.
My special thanks to all the contributors; we look forward to more of your valuable insights in future editions.
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.
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