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

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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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