The heads of the councils have launched a major investigation into some of their most senior officials – amid allegations of improper practices. South Ayrshire called on Glasgow City Council auditors to conduct an outside investigation, the Ayrshire Post revealed. This follows the alarm raised by the council’s own appraisalRead More →

CRIM purchased six properties, three in Copenhagen and three in Aarhus, comprising 311 apartments and 21 studios, as well as 30 parking spaces and three commercial units, for the CWE fund through the Munich-based AIFM platform, Catella Real Estate AG. Five other properties, one in Copenhagen and the others inRead More →

To print this article, simply register or connect to Mondaq.com. On November 25, 2021, the Central Bank of Ireland (“central bank“) published a consultation paper (“CP145“) on macroprudential measures for the real estate fund industry. The publication of CP145 follows the recent regulatory focus on the Irish real estate fundRead More →

A land sale contract was “a discriminatory loan tool and a lie,” Johnson said. In the middle of the 20th century, when redlining and other practices prevented black residents from obtaining mortgages, land sales contracts (also known as contract sales) were an alternative devised by predatory investors. The contract offeredRead More →