Legal alert no. 3

On 1st September last, it was published in Diário da República No. 168, 1ª Série, the Council of Ministers Resolution No. 48/2016 regarding the establishment, until 31st October this year, of the National Fund for the Rehabilitation of Buildings (“Fundo Nacional de Reabilitação do Edificado - FNRE”), i.e., a special real estate investment fund aimed to the development and implementation of real estate rehabilitation projects and promotion of the lease, in order to urban regeneration and repopulation of urban centers.

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