Real Estate Talking Points: Britain’s open for business!* (*Ts and Cs apply): real estate and the National Security and Investment Act 2021
The UK’s National Security and Investment Act (“NSI Act”) regime came into force on 4 January 2022. The new regime radically overhauls the UK’s approach to investment screening. Transactions by both foreign and domestic investors, even those taking place well beyond the UK’s borders, may be subject to review. The NSI Act has one of the most expansive jurisdictional scopes of any investment screening regime globally.
In our latest talking points article, Hannah McCorkell explores the practical impact of the NSI Act on real estate transactions and the implications for the real estate industry.