Real Estate and Construction

New Argentine Unified Civil & Commercial Code - Impact in the real estate market

As mostly all of the Latin American countries, Argentina is a civil law country, one of the principal effects of which is that the legislation is basically codified, and judges decide on the interpretation and scope of the law on a specific case (i.e. court decisions typically are not binding except for the parties involved,… Read More

Property Linked Units

In recent years Zambia has seen huge growth in the construction sector, both residential and commercial. The establishment of three cement plants in the past seven years, given that until then there was only one from the 1970’s, is testament to this. In the 2013 Budget Address, the Honourable Minister of Finance, Alexander Chikwanda, introduced… Read More

Exclusivity Clauses in Lease Agreements

One of the keys for a successful commercial building, a shopping centre or an office tower, is to “lock” contractually its publicly known anchor tenants whose prestige and trade name recognition will attract other tenants and customers. Both the landlords and the anchor tenants are aware of the importance of such “locking”. Therefore, very often… Read More

Recent Update of Foreign Investment in China’s Senior Care Industry

The recent legislative moves have presented a huge opportunity for private and foreign investors to enter into the senior care market in China, which has long been dominated by publicly-run institutions, yet is significantly underfunded and has shown an urgent demand for viable business model and well-trained senior care professionals[1]. To address the issue of… Read More

Real Estate Tax Exemption Issue Muddied Again

On December 23, 2014, the Commonwealth Court of Pennsylvania logged another frustrating mile down the confused and confusing road of property tax exemption for purely public charities.  In Fayette Resources, Inc. v. Fayette County Board of Assessment Appeals, the Court overturned a lower court finding that an operator of group homes for intellectually disabled adults… Read More

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