On 24 June 2019, a conference on photovoltaics, renewable energies and energy efficiency in commercial real estate in Spain was organised by the German Chamber of Commerce (AHK) in Madrid. Participants from industry, project developers, financiers, think tanks and associations discussed the business environment for renewable energy investments in Spain. The focus was on photovoltaic […]
The national elections of 28.04.2019 have changed the balance of power in the Spanish National Parliament (Congreso) significantly. The socialist PSOE of the incumbent Prime Minister Pedro Sánchez is now the strongest parliamentary group (28.7%), the leading conservative Partido Popular (PP) had to accept a crash and only receives 16.7% of the votes cast. New […]
The Spanish real estate developer Metrovacesa and the Spanish energy utility Endesa have founded a company to develop an area of around 32 hectares in Barcelona for the construction of up to 2,000 apartments. As the Spanish business newspaper „Cinco Días“ reports in its edition of 7 March 2019, the site of the former Sant […]
The property tax („Grundsteuer“) in Germany must be reformed by the legislator by the end of 2019, as the Federal Constitution court had declared the current legal regulation unconstitutional. The German tax authorities currently collect around 13.3 billion euros from property tax (2016). The taxation is based on the so-called unit values („Einheitswerte“) from the […]
The Spanish Supreme Court (Tribunal Supremo) in Madrid has ordered the demolition of two apartment buildings in Benidorm. Benidorm is a well-known seaside resort on Spain’s Mediterranean coast with a large number of skyscrapers housing holiday apartments and hotels. The decision of the Tribunal Supremo shows the risks to which investors and owners of illegally […]
We keep you up to date
on legal and economic
developments in Germany,
Spain and Europe.
In our News Blog.