Investors interested in developments in Germany should be aware
that the introduction there of the mandatory installation of
photovoltaic (solar) power systems has put pressure on German real
estate investors who will now have to consider the consequent real
estate, tax and regulatory issues of this legislative change.
In recent months an increasing number of the 16 states of
Germany have introduced legislation which makes it mandatory for
developments in Germany to install a photovoltaic power system on
the roof. In some cases, these mandatory provisions also extend to
existing real estate where substantial roof alterations are
undertaken. It may mean that without the installation of
photovoltaic power systems, no building permit will be issued.
