In an effort to curtail foreign property owners from leaving their apartments vacant for much of the year, the Paris city council is expected to adopt a measure on Monday that would triple, from 20 percent to 60 percent, the … Continue reading →
In response to alleged Russian malicious cyber activity and claims of Russian harassment of U.S. diplomatic personnel in Russia, the Department of State has, among other measures, provided notice that as of December 30, Russian access will be denied to … Continue reading →
The Russian central bank predicts that GDP will contract by 0.5 to 0.7 percent this year and grow by 0.5 to 1 per cent in 2017, according to The Financial Times. Inflation is expected to drop from about Since, the … Continue reading →
Norges Bank Real Estate Management purchased the Paris property Vendôme Saint-Honoré for $1.05 billion on December 16. The seller, Trajan Luxembourg S.a.r.l and Trajan Luxembourg II S.a.r.l (both controlled by Irish businessmen John Magnier and JP McManus) reportedly purchased the … Continue reading →
In a petition to the European Union Intellectual Property Office, the government of Iceland is seeking to invalidate the 2014 exclusive registration of the trademark “Iceland” owned by British grocery chain Iceland Foods. Iceland’s Ministry for Foreign Affairs claims that … Continue reading →
Poland is one of the few former communist countries with no comprehensive restitution laws to address the process of compensating people for real estate seized from 1945 in “nationalization” maneuvers. As a result, officials have relied on existing administrative rulings … Continue reading →
Any funds where 25 percent of their value is made up of Irish real estate assets will be subject to a 20 percent withholding tax from next year,
Continue reading →The UK’s 900 billion pound commercial property market is seeing some mixed results post-Brexit. Average commercial property values are down about 3.5 percent since the June 23 vote and YTD returns tracked by the IPD index are trending below zero. … Continue reading →
Skanska USA Commercial Development has started work on a $112 million, LEED Gold residential building which it calls “Resa”. The 12-story, 326-unit luxury building will have 10,000sf of amenity space and 7,000sf of street-level retail. The project is located at … Continue reading →
In 2015, Ireland’s GDP grew by 7.8 percent, compared with 1.6 percent for the eurozone, according to That’s the beauty of youth, you are at the best online viagra risk of cardiac problems as well. Every living being on earth … Continue reading →