Real Estate Insider

The CERHA HEMPEL Real Estate Insider provides an insight to the real estate industry in Austria and CEE. Besides reviews on case-law and legal developments, the Real Estate Insider covers all aspects affecting the industry including market trends and insights, project and deal reviews, reviews on political and legislative developments, reports on events etc. As one of the leading real estate practices in Austria and CEE, our team is fluent in advising clients on all aspects of real estate law from cross border portfolio transactions to building organizer projects to rental agreements and constructions matters, you name it.

November 2021

No obligation to pay rent for useless business premises during the lockdown

In its judgement 3 Ob 78/12y of 21 October 2021, the Austrian Supreme Court dealt for the first - but probably not for the last - time with the question of rent reduction during lockdown. With regard to a complete nonusability of business premises due to officially ordered prohibition of access, a first fundamental decision is now at hand.

Amendment of concurrent building design and construction regulations in Belarus

On 4 September 2021, the new Regulations on Concurrent Building Design and Construction (the "Regulations") approved by Resolution of the Council of Ministers of the Republic of Belarus No. 486 dated 27 August 2021 came into force.

News about buying apartments in Budapest – what to expect in light of the latest changes to the residential real estate market

There have been several changes to the Hungarian real estate market recently, particularly in relation to apartments in Budapest.