What will happen to the real estate market this year?
Por Carlos Saúco López de Sancho
23rd of March 2017
The real estate market in Spain is in a bullish mood and continues steadily on the path of recovery and sustainable growth, after having undergone an important adjustment in the last decade, both in terms of volume and prices. Thus, during the past year, home sales experienced growth of 13.6% to attain 403,866 transactions, making three consecutive years of upward trend. The challenge facing the real estate sector is, in any case, twofold: stabilizing the sector and avoiding the mistakes and excesses committed in the past. Therefore, recovery must be prudent, sustained and gradual throughout 2017.
Appointing by co-option of directors and it strange relations
- Por Pablo Olivera Masso
- 9th of March 2017
New doctrine of the Directorate General for Registers and Notaries that states that the power of the Board of Directors to appoint Directors expires or not depending on the agenda of the previous Boards of Directors.
Is the local tax on property sales dead? A step towards the demise of the taxes unaligned with the economic reality
- Por Manuel de Vicente - Tutor
- 27th of February 2017
Since the release of the ruling issued on February the 16th, not yet published in the BOE, where the Constitutional Court declared several key provisions of the Local Tax on Property Sales of Guipúzcoa void, there have been numerous reactions in the media. Until the full written judgment is published its reach and consequences of its applications cannot be appropriately assessed. We will then further comment on that.
Argentina has come back to the international economic playground
- Por José María Romero Vera
- 23rd of February 2017
Argentina has experienced an important shift in its economic policy in less than a year, and it is already reaping the first rewards with an economic growth forecast for this year upwards 2% GDP, and close to 3% GDP for the next. In this scenario it is set the state travel headed by Mauricio Macri to Spain, with a clear objective of re-attracting the Spanish investment towards Argentina. Numbers begin to trend positively, we rely the legal framework remain stable to make it last.
Corporate restructurings in an economic growth period
- Por Francisco Piedras Camacho
- 16th of February 2017
In spite of the strong growth and employment generation of recent years, corporate restructuring continues; companies aim to improve their efficiency and competitiveness, adapting to technological and market changes, which requires a continuous transformation effort. The success of restructuring processes, according to our extensive experience in the field, requires a number of elements such as the following.