New law passed on properties by floor (PPE) in Geneva

To prevent that the apartments are picked up by property developers and resold with substantial capital gains at maturity of the price control period by the State, the Grand Council adopt a new law in order to curb speculation.

Click here to listen the interviews of Abdallah Chatila, property developer, and Vincent Maitre, a lawyer and deputy Geneva PDC by Mathieu Cupelin from RTS.
Click here to access the legislation adopted.

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