National Security and Investment Act 2021: Impact on Real Estate
26 January 2022
The National Security and Investment Act 2021 (NSIA) came in to force on 4 January 2022. We consider the risks posed to real estate investors and the implications for the real estate sector in the UK.
The NSIA gives the government powers to scrutinise and intervene in transactions where control over certain entities or assets has been or will be 'acquired' and this gives rise to a national security risk in the UK.
The powers are broad and could affect real estate investors on both existing deals (for trigger events occurring on or after 12 November 2020) and new deals.
In the attached briefing note, we consider the implications for real estate investors when structuring transactions.