Even in the illegitimate transfer of a business unit, the remuneration obligation remains the same – Investments in shopping centres in Italy

According to art. 2112 of the Italian Civil Code, following the transfer of a business concern, its employment contracts automatically continue with the purchasing company.

The shopping centre industry customarily encompasses a good and varied range of assets to invest in, which yields may be higher than other real estate initiatives.

Source: Newsletter Norme & Tributi