Translation of "Grundstücksverkauf" in English

Nauta planned to redeem the bonds using the proceeds from the sale of the land.

Colliers International Hotel GmbH facilitated the property sale.

Deutsche Bahn intended to finance the reconstruction of the station from the proceeds from the sale of the land.

The sale of land could qualify as state aid if the sale was not carried out at market price.

Therefore the company assumed that the planned revenue from the real estate sale should amount to PLN 2 million.

In view of the above, the Commission accepts the proceeds through the land sale as own contribution.

In this way, the revised contract now solely concerns the sale of land and not works.

Piece of property to sell.

A land sale in Canada increases recurring EBIT by approx. €4 million.

A land sale in Canada increases recurring EBIT by approx. EUR4 million.

The General Court [34] disagreed with the Commission’s assessment and found that no state aid was involved in the sale of land transaction.

Thus, the Authority has in the following firstly assessed the option agreement of 2001 (and the extension signed in 2004), and, secondly, whether the actual sale of land in 2007 was accomplished at market price.

The Commission finds that Sweden has unlawfully implemented, in breach of Article 88(3) of the EC Treaty, the sale of land in question.

The Swedish authorities claimed that, when selling the land, they took into account the fact that the evaluation from Ernst & Young Real Estate was conducted in May 2003 and the sale was carried out in October 2005, almost two and a half years later.

The purpose of this loan is a bridging financing of the restructuring of Air Malta until 2014 when the proceeds from the land sale are expected to materialize.

With regard to the risk associated with the land sale, according to the Polish authorities the fact that the development plan had not been adopted by the city of Gdynia was not a real obstacle for the land forming the object of the sale to be classified as commercial and not industrial land.

For this reason, and taking into account that the real-estate sale necessary to finance the investments is to be delayed until 2010, the Commission is of the opinion that the restructuring period should be prolonged until end-2010 and that the investments planned by the company for 2010 should form part of the restructuring measures.

Assuming it would take at least another two years for SJB to start construction, the Dutch authorities estimated the reduced revenues for the PPP from the sale of the land to SJB, as well as assumed similar delays for the rest of the Leidschendam Centrum Project, to result in interest costs of approximately EUR 1,8 million on an outstanding loan of the PPP for the ground exploitation phase of the entire Leidschendam Centrum Project.

Furthermore, Ryanair and the anonymous consultant criticise that the land sale will be carried out not in an open tender and allege that Malta hopes to inject extra aid into Air Malta through this transaction.

These two methods seek to ensure that the price at which land is sold by a public authority adequately reflects, as much as possible, the market value of that land, thus conforming to the market economy investor principle (MEIP), so as to rule out the possibility that the sale confers an economic advantage on the purchaser of the land.

In this regard, it follows from the case law that the context in which a transaction takes place should be taken into account for the assessment of whether a sale of land or buildings by a public authority to an undertaking contains state aid elements within the meaning of Article 107(1) TFEU [13].

The Commission notes that the concession contract has as its object not merely the sale of land and that the work corresponds to the requirements specified by the Municipality.

In the Commission's view, the main objective of the contracts was not the sale of land, but the execution of works, which falls under EU public procurement rules.

In the Commission's view, the concession contract's main objective was not the sale of land, but the execution of works, which falls under EU public procurement rules.

In the view of the Commission, such a land sale can neither be considered as a public works contract nor as a public works concession, because the contract in question did not contain a legally binding obligation to execute works specified by the contracting authorities.

A fund is a corporate fund if it passes over goods or incorporeal rights, disburses services and similar things for which it normally receives payment, or if it exercises a profession with real estate selling or real estate demise, or if it can qualify as a holding fund.

In the course of the proceedings, the Commission noted that the ceiling had been exceeded by aid in the form of grants and the sale of land at below market value amounting to a combined total of ECU 2.85 million.