New Royal Decree on Belgian Real Estate Investment Companies
Just before the year end, on 28 December 2010, the New Royal Decree on Belgian Real Estate Investment Companies was published in the Belgian State Gazette.
The New REIC Royal Decree offers REICs more flexibility with respect to access to capital, introduces the possibility of partnering with institutional investors in institutional REICs and includes various changes with respect to the investments and organisation of REICs.
The New REIC Royal Decree will enter into force on 7 January 2011 and will replace the existing Royal Decree of 10 April 1995, subject to transitional provisions.
Please click here to consult our note that examines the key innovations brought by the New REIC Royal Decree.
If you have any questions or would like to discuss this further, please contact any of us or your usual contact at Linklaters.