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AG Supreme Court: Transformation of Office Building into Residential Complex

  • BV X, part of a real estate development concern, purchased a office building for €2.5 million in 2015
  • An application was made to transform the office building into a residential building with 77 apartments
  • The municipality granted the permit and a construction contract was signed for €3.5 million in 2016
  • Demolition work began in June 2016 and BV X became the owner of the building a month later

Source: futd.nl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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