Corporate Real Estate Country Q&A tool
The corporate real estate market
Real estate investment
The structures commonly used (for example, property companies and partnerships).
Are real estate investment trusts (REITs) available? If so, are they commonly used?
Real estate legislation
Sale and purchase of real estate
How is real estate marketed, when does commercial negotiation occur and what pre-contractual arrangements are used?
When is the sale contract negotiated and executed?
When are the parties legally bound?
When is the change of title registered?
When does title transfer and what are the formal legal requirements to transfer real estate (for example, in writing and signed by the parties)? Is notarisation required?
Real estate tax
Holding business premises
Real estate finance
Real estate leases
Which body grants initial planning consents?
Do third parties have the right to object? If yes, please give brief details.
In what circumstances is there a public inquiry?
How long does an initial decision take after receipt of the application?
Is there a right of appeal against a planning decision? If yes, please give brief details.