Real Estate

Our team of real estate specialists includes experienced professionals from our Tax, Advisory, and Assurance business lines. We advise large and mid-sized real estate clients, investors, developers and finance providers about a range of financial and tax matters.

Main Industry Issues

• Real estate development in Slovakia has boomed over the last few years, but the current economic crisis has significantly reduced the volume of real estate projects and deals.
• International Financial Reporting Standards (IFRS) are now compulsory for some companies.
• Careful planning can optimize the tax position for real estate projects.
• Cost control and strong project management are essential to maximize potential returns on real estate projects.
• Measures to optimise cash flow can reduce the impact of the global economic downturn.
• A strong focus on quality and compliance maximises financing and sale opportunities.

We can assist with

• Buy-side due diligence (pre- and post-acquisition) and sell-side due diligence on real estate companies
• Pre- and post-acquisition project structuring for a cost-effective and tax-efficient structure
• Tax and related advice on real estate investments in Slovakia
• Advice on designing exit strategies – optimizing the commercial and tax position
• Cost reduction advice
• Advice on cash flow and working capital management
• VAT advice, including maximising VAT reclaim opportunities
• Financing advice to borrowers and lenders
• Managing tax, accounting, and legal aspects of international real estate projects
• Advice on inward investments, including establishing companies in Slovakia
• Financial and tax forecasts
• Dispute resolution with contractors, suppliers, and buyers and sellers or real estate
• Reviewing investment prospectuses, share purchase agreements, and other documents from a financial, tax and legal perspective
• Audit services
• Tax and accounting compliance services