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Ancestral fights

By: Language: English Series: Property Week ; 71(23) 9 June 2006, 62-63(2)Publication details: 2006Subject(s): Summary: Reports on the risks to property investment in central and eastern Europe caused by restitution claims from dispossessed owners. Much of the property being targeted by foreign investment is subject to legal disputes dating from World War II or was confiscated by communist regimes. Discusses the pressure for the new EU states to adopt property law procedures effective in the rest of the EU. Remarks on the trend for investors to protect themselves through insurance.

Reports on the risks to property investment in central and eastern Europe caused by restitution claims from dispossessed owners. Much of the property being targeted by foreign investment is subject to legal disputes dating from World War II or was confiscated by communist regimes. Discusses the pressure for the new EU states to adopt property law procedures effective in the rest of the EU. Remarks on the trend for investors to protect themselves through insurance.