Real estate constitutes an important part of the assets of companies, governments and private individuals. The fluctuation in real estate values is a crucial factor in today’s economic crisis.
That which until recently was considered to be self-evident can now present a risk to manager or politicians, the balance of an institution or a company's continued existence.
The stakes are large and require a multidisciplinary approach on the part of attorneys and civil law notaries, who are well aware of the stakes and risks that are at play - and who can skilfully handle cases, know how to act quickly and have experience in various real estate areas. Pels Rijcken has a team of real estate specialists who speak the sector's language and know what's going on.
The attorneys and notaries of the Real Estate section consult on issues, transactions and disputes regarding area development, ownership and utilisation of real estate, structured sales processes of real estate, public private cooperation, financing of real estate and joint cooperative ventures. The attorneys of the Real Estate section also have an extensive track record in real estate dispute litigation.
The following tasks are among their 'core business':
The attorneys and notaries of the Real Estate section have long-standing experience in all sectors where real estate is a relevant factor, for both commercial parties as well as governments. For example, the Real Estate team was recently involved in cases concerning urban development, the separation of the health care and living functions of assisted living facilities, the financing of health care centres, the housing of educational institutions and innovative developments in real estate areas in the energy sector. The team was also involved in large-scale restructuring of housing corporations and their real estate and in disposal and marketing of surplus real estate.
Economic circumstances and regulations change quickly. Pels Rijcken's real estate specialists follow these developments closely and, thanks to their exceptional knowledge of the public sector, are able to provide advice about changes in legal real estate land like no other.
Our clients include the State, various large municipalities such as The Hague, Rotterdam and Lelystad, medium-sized and smaller municipalities and provinces such as North Holland and Utrecht, large companies including Esso and KPN, project developers such as AM and Multi Vastgoed, pension funds and investment funds, housing corporations such as Staedion and other institutions such as the Waarborgfonds voor de Sociale Woningbouw (the guarantee fund for council housing), Bouwend Nederland (the Dutch representation of the employers' federation of the construction sector) and BNG (the bank of - and for local authorities and public sector institutions).