Investing into funds of qualified investors became an interesting alternative to other investment opportunities in the Czech Republic. Such funds may own real property which is further leased and generates profit.
In the international construction business, it is increasingly common to use standard model contracts such as the Red Book or the Blue Book which are published by the International Federation of Consulting Engineers (FIDIC). Knowing which type of model contract to choose and what obligations and respective roles it provides is the key to success.
The Croatian government has announced that it will present the new state budget, together with details on investment projects for revitalization of the economy valued at HRK 8 billion (approx. EUR 1.1 billion), by mid-February.
When structuring a real estate investment, investors usually consider corporate and tax structures as well as property rights rules. Our recent practice shows that compliance with construction regulations may also influence the structure and implementation of a real estate investment project.
Serbia introduced a new Company law as of 1stFebruary 2012 with the aim to harmonise the rules with EU law and to provide a simpler but also more detailed corporate law. Most importantly, the law introduced provisions on corporate governance and tightened the liability of shareholders and general managers.