Real Estate Newsletter  

July 2020

The framework in which the real estate sector is currently operating, is evolving rapidly. This newsletter zooms in on some operational trends as well as some tax measures / clarifications affecting the real estate sector.

The operational trends addressed in this edition result directly or indirectly from the COVID-19 crisis, e.g. the increasing and accelerating digitization and more strategic facility management in relation to the new office environment.

Important changes to the tax landscape are also the result of recently proposed measures by the Belgian government in the context of COVID-19. Besides, the tax administration has also provided a welcome clarification for real estate (development) groups in relation to the interest limitation rule, which is addressed in this newsletter.

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