Judgment_paragraph 77 · Obala i lučice d.o.o. v NLB Leasing d.o.o (C-307/19)

77As regards the objective pursued by those provisions, it must be noted, as is clear from the Court’s settled case-law, that the essential reason for conferring exclusive jurisdiction on the courts of the Member State in which the immovable property is situated is that the courts of the locus rei sitae are the best placed, for reasons of proximity, to ascertain the facts satisfactorily and to apply the rules and practices which are generally those of the State in which the property is situated (see, to that effect, judgment of 16 November 2016, Schmidt, C‑417/15, EU:C:2016:881, paragraph 29 and the case-law cited).