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…
Unpredictable market conditions require innovative solutions to tackle business challenges. Although the real estate industry is fast-paced and global, it is a small world all the same. Due to the
Continue Reading Alternative Dispute Resolution (ADR): Considerations for Real Estate Businesses in an Unpredictable Market
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
As of Jan. 1, 2021, all permit applications for new buildings in the Netherlands are being tested against new criteria which aim to ensure that these new buildings are (almost)
Continue Reading Every New Building in the Netherlands Must Be (Almost) Energy Neutral Starting Jan. 1, 2021
One of the few firms which has avoided any across-the-board layoffs and compensation reductions for its lawyers and staff at all levels during the COVID-19 pandemic, but has nonetheless found
Continue Reading Global Giant Greenberg Traurig Continues to Enhance European Stronghold, Brings on Tier 1 Real Estate Team in The Netherlands
On Budget Day, 15 September 2020, a number of tax measures were published in the Dutch 2021 Tax Plan that could have an impact on real estate investments in the
Continue Reading Dutch 2021 Tax Bill and Real Estate in the Netherlands
On Budget Day, 15 September 2020, the Dutch Ministry of Finance presented its 2021 tax plan. For the proposed bills to have effect, they first must be approved by Parliament.
Continue Reading Dutch 2021 Tax Bill Presented
The rapidly changing retail market has not yet created a new reality. The preference for online shopping and the increasing costs of wages and production continue to threaten the margins of retailers and, indirectly, rent prices. As a result, rent for retail space has been dropping for six consecutive years. Due to the increased costs of wages and production, more bankruptcies may follow the ones we have seen already in the Netherlands, and more retailers may decide to stop operating their shops to minimize losses.
In this blog post, we will focus on the obligation to operate retail space and recent verdicts relating to interoperating retail space contracts.
Continue Reading Obligation to Operate: Retail Contracts in the Netherlands