September 2021

Condominium Amendment Act 2022

After almost 20 years, the Condominium Act (Wohnungseigentumsgesetz) is being amended again. It is clear from the ministerial draft that the focus of the amendment, which is due to enter into force on 1 January 2022, is placed entirely on climate protection.

Overview of the Romanian real estate market during the pandemic

The evolution of the real estate market in Romania has been quite unexpected in 2020 and at the beginning of 2021, also taking into consideration the connections between this sector and other industries.