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What ELTIFs’ recent developments mean for the real estate market

Recent developments on ELTIF are increasing the interest for such vehicles in the Belgian real estate market. Based on the recent proposals of the European Commission the ELTIF is becoming more attractive for sponsors,...more

Real estate transactions and public procurement: further guidance from the European Court of Justice

In its most recent case law, the European Court of Justice (CJEU) provides further guidance on the demarcation between real estate transactions and the application of public procurement legislation to contracts for works. ...more

Reform of the Belgian Civil Code

The new Belgian Civil Code (the Book on Goods) has just been approved by parliament, which will affect the Real Estate sector. On 30 January 2020, the Belgian parliament adopted an important piece of legislation that will...more

Optional VAT regime on immovable lease – New Royal Decree establishing the modalities of the option

As from 1 January 2019, taxpayers may opt to charge VAT on the letting of immovable property for professional use (the Optional VAT Scheme). This new Optional VAT Scheme enables the lessor to deduct any input VAT. It has been...more

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