The Dutch Real Estate Council of the Netherlands (ROZ) adopted a new template lease agreement for retail space leasing at the end of 2022, updating the 2012 version. Several aspectsContinue Reading New and Greener ROZ Template
The locked box mechanism and the completion accounts mechanism are two separate methods used to determine purchase price in M&A transactions. Parties may require a combination of the two to…Continue Reading Hybrid Purchase-Price Mechanisms – Where Heavens Collide?
FIDIC contracts are widely used in the international Real Estate Projects industry. Much like their national Dutch counterpart, the UAV/UAV-GC contracts, FIDIC contracts consist of General Conditions and Special Conditions…Continue Reading FIDIC Golden Principles Under Dutch Law in 2023
Per 1 January 2023, the Dutch RETT (real estate transfer tax) will increase from 8% to 10.4%. Transactions that close after 31 December 2022 will therefore be subject to a 2.4%…Continue Reading Provisional Closing Scheme: Beating the Dutch RETT Increase!
The Dutch Scheme allows tenants to restructure their debt, including outstanding rent, outside of formal insolvency proceedings under a court-approved restructuring plan. A tenant may also propose amendments to, inter…Continue Reading The ‘top-up’ (bank) guarantee in a Dutch Scheme – for as long as it lasts…
According to recent studies, environmental, social, and governance (ESG) is a key value driver of real estate investments.
Both investors and lenders are increasing their focus on ESG, not…Continue Reading ESG Opportunities for Distressed Real Estate
In life (as in business), as Heraclitus said, “the only constant is change.” In today’s fast-paced economy, this axiom should be kept in mind during contract negotiations, especially in a…Continue Reading The Only Constant Is Change: Use of ‘Anticipatory Contracting’ in Real Estate Restructuring Deals
Tracking the financial covenants in loan documents is a key priority for borrowers in a bear market.
Breach of a financial covenant ultimately may lead to acceleration of the outstanding…Continue Reading Key Priorities for Borrowers in a Bear Market
For the Netherlands, the obligation of trustees to register their trusts and trust-like legal arrangements as well as the UBO information thereof takes effect starting 1 November 2022.Continue Reading Dutch Trust UBO Register Operational Starting 1 November 2022
The October 2022 issue of Greenberg Traurig’s Competition Currents is out, highlighting significant developments in global antitrust and competition law for clients and colleagues.Continue Reading Competition Currents | October 2022