
Sven gave a practical insight into work in real property law, drawing on experience from the courts, public authorities and his own practice. He showed how real property law is closely intertwined with politics, economics and the development of society – decisions under the Planning and Building Act, detailed development plans and development agreements can be decisive for a property's value and for whether a construction project is feasible at all – and how EU law and environmental issues are becoming increasingly important.
I gained a more practical understanding of the fact that real property law is considerably more dynamic and context-dependent than its doctrinal core suggests. Particularly striking was how climate adaptation and rising water levels create entirely new legal challenges for detailed planning and building rights, where environmental risks can directly affect both the extent of the building rights and the value of the property.
The talk gave concrete material for how I understand real property law as a functionally coherent area in the portfolio, e.g. in the dispute on easements and appurtenances in TA-3 and the gift of real property in SJM. The insight that regulatory and environmental law changes can quickly reshape both rights and values is also close to my broader interest in how regulation affects the value of assets.