In this two-part series, we take an in-depth look at how the shifting economic outlook and interest rate environment will impact the future trajectory of property values. As strong headwinds continue to collide with strong tailwinds, the macroeconomic environment is becoming increasingly complex for real estate investors to navigate. In this first part, we review the historical relationship between the economy, inflation, interest rates and commercial real estate price movements. The second part will take the learnings from part one and analyze...

Read more

On 1 June 2022, the Belgian law transposing the EU directives on certain aspects of contracts for the supply of digital content and digital services (2019/770) and for the sale of goods (2019/771) will enter into force, thereby ushering in a number of changes. In brief Consumer law will be modernised in order to take into account the development of the digital market and to harmonise the rules on the supply of digital content and digital services. In particular, the two-year...

Read more

Our monthly newsletter provides an overview of recent significant changes in Canadian and U.S. immigration, including all updates regarding travel restrictions as of May 31, 2022: Opening of the International Mobility Program Plus (IMP+) As of May 24, 2022, the Ministry of Immigration, Refugees and Citizenship has opened work permit applications for selected permanent residence applicants in Quebec. Due to the current severe labor shortage, foreign skilled workers will no longer have to wait for approval of their application for permanent residence...

Read more

I am very happy to announce that Cea Legal is launching today an innovative NFT rewards program for its clients. Each client - whether a business or an individual - that spends in a one-time transaction at least $2,500, $5,000, $7,500 or $10,000 in legal fees will receive a Cea Legal NFT, minted on Cea Legal's website and hosted on the Ethereum blockchain. Each NFT will give a predetermined future special benefit in connection with Cea Legal services, as well...

Read more

Economic Calendar June 1: Bank of Canada June 1: Mexican Gubernatorial Elections June 2-3: UK Platinum Jubilee (Markets Closed) June 3: Dragon Boat Festival – China (Markets Closed) June 3: US Employment Data June 6: Pentecost (Various European Markets Closed) June 7: Reserve Bank of Australia June 7: US Primaries – IA, CA, NJ June 8: Central Bank of Poland June 9: European Central Bank June 10: US CPI June 12/19: French Legislative Elections June 13: Queen’s Birthday- Australia (Markets Closed) June 15: Federal Reserve June 15: Central Bank of Brazil June 15: China Medium...

Read more

On Wednesday, the European Commission the European Commission proposed adding the evasion of EU sanctions measures to the list of crimes recognised in the European Union. The Commission also proposed new reinforced rules on the recovery and confiscation of frozen assets, which will also contribute to the overall implementation of EU’s restrictive measures framework. The Commission’s proposals come in the context of the ‘Freeze and Seize’ Task Force, set up by the European Commission in March to accelerate and enforce its measures...

Read more