Insight
Large tourism-real-estate deals are increasingly demanding "exceptional treatment," including special investor status, rewritten protections, and consent bypasses.
What Albania’s Flamingo Revolution Tells Us About Sovereign Capital’s Coastline Problem
Summary
Albania's "Flamingo Revolution" highlights issues with large-scale tourism developments and "strategic investor" status, granting developers special treatment and bypassing regulations. This case involves a $1.4B Sazan Island resort linked to Jared Kushner's Affinity Partners.
Key takeaway