ARTICLES LABELLED WITH TAG taxation

News Romania’s property sector could use a smaller VAT for renovations
21
Nov
2024

Romania’s property sector could use a smaller VAT for renovations

by Ovidiu Nicolae
Edwin Warmerdam, Partner, Head of Tax at Forvis Mazars in Romania, spoke to Property Forum about the taxation outlook in 2025 and the tax changes that could spur investments in the local market.
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News Polish government to limit portfolio purchases of flats
24
Jan
2023

Polish government to limit portfolio purchases of flats

by Michał Poręcki
The Polish Ministry of Development and Technology has drafted a bill to limit purchases of large numbers of flats. The new legislation is to target both individual investors and funds investing in the institutional rental segment (PRS).
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News Investors in Poland enjoy good public support
21
Oct
2022

Investors in Poland enjoy good public support

by Property Forum
Poland has one of the most attractive tax systems for innovators in Europe. According to the JLL report 'Made in Poland', a comprehensive guide for investors prepared in cooperation with partners: Polish Investment and Trade Agency, Hays and ALTO, when doing business in Poland, companies have many opportunities to obtain financial support from both domestic and EU sources. Reliefs and subsidies translate into increased interest in the Polish market. Last year was a record year in terms of investment, with projects in Poland with a total value exceeding €3.5 billion implemented with the participation of PAIH. This is €800 million more than last year and €700 million more than in the record year so far in 2019.
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News PRS market in Poland enjoys good forecasts
14
Oct
2022

PRS market in Poland enjoys good forecasts

by Property Forum
The PRS market accounts for a mere 1% of all rental flats in Poland. Despite being in its infancy, it is likely to become a strong investment alternative and gain popularity in light of the current macroeconomic conditions and challenges facing the housing sector. The latest report prepared by experts of CRIDO and Savills looks at what’s next for this commercial real estate sector in the coming years and legal and tax issues that an investor needs to take into account in investment planning.
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News Hungary to reintroduce 5% VAT rate for certain residential projects
16
Apr
2020

Hungary to reintroduce 5% VAT rate for certain residential projects

by Property Forum
For residential developments executed in brownfield zones a VAT rate of 5% will apply instead of the normal 27%, the Minister of the Prime Minister's Office announced today.
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News Changes to the withholding tax regime in Poland to impact real estate transactions
02
Oct
2019

Changes to the withholding tax regime in Poland to impact real estate transactions

by Property Forum
Sylwia Toczyska, Director, Client Services at Vistra Poland looked at the withholding tax rules in the country, examining how further clarification is needed and the action that companies may need to take. An article from Vistra’s Global Real Estate Trends publication.
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Latest news


New leases

  • RSM Poland, the audit, accounting, and consulting firm, will open a new office in GTC's Francuska Office Centre complex in Katowice. Brookfield Partners advised on the 800-square-meter lease.
  • Himalaya, the mountain, outdoor, and sports equipment and apparel brand, is set to open its first store outside the capital at RIVUS Cluj-Napoca, the mixed-use project developed by Iulius and Atterbury Europe.
  • Nardo Trading has signed a 3,000 sqm lease with Villar Logistic Parks at km 13, Bucharest. This lease is part of the first 20,000 sqm phase of the park that is already operational. The transaction was brokered by iO Partners.

New appointments

  • Former Taylor Wessing Counsel and Head of Real Estate Peter Malovec has joined CTP Slovakia as its new Head of Legal.
  • Matexi Polska is strengthening its management structure. Jesika Mackiewicz has joined the management boards of companies implementing residential projects in Warsaw. This manager, with over 10 years of experience in the real estate industry, will support Matexi Polska's continued growth in the capital market.
  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.

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