In this edition of our Real Estate Update (Belgium) we have selected three main topics:

  • The Directive proposal aimed at tackling the abusive use of so-called shell companies (also known as ATAD3). We analyse what the impact could be for the real estate sector.
  • COVID-19. In 2020 and 2021 we had several judgments on whether the tenant could be released of rent payment if his/her business had to be closed due to the lockdown measures. The first appeal decisions were published. What do they tell us?
  • The recent legislative changes concerning VAT with impact on the renting of hotel rooms, holiday homes and student rooms.

We wish you a pleasant read.