Schoenherr | Czech Republic | 25 Nov 2013
The New Czech Civil Code (Act No. 89/2012, Coll., the Civil Code) will become effective as of 1 January 2014 and will practically rebuild the entire…
Schoenherr | Hungary | 30 Aug 2011
Based on the Hungarian government's proposal, effective as of 27 July 2011, the Parliament passed a new legislation introducing the concept of REIT (Real Estate Investment Trust) in Hungary.
Schoenherr | Hungary | 12 Apr 2011
The Hungarian government is contemplating to introduce the concept of REIT (Real Estate Investment Trust), in order to re-vitalise stagnant real estate market activity and to support utilisation of the high volume of distressed properties.