KUCERA advises Coreo on the purchase of the St. Martin Tower in Frankfurt

KUCERA advised Coreo AG on the acquisition of the St. Martin Tower. The purchase was a joint venture between Barings Real Estate and Coreo, with Coreo assuming the role of junior partner with 10.1% in the Off-market Scharedeal. The office complex is located in Frankfurt’s City West and consists of two building sections, the “Tower” with 18 storeys and the “Wing” with seven floors. The property also has 397 parking spaces. Read more…

KUCERA partner Rolf Krauß (Tax) was responsible together with KUCERA partner Jens Koch (Real Estate).

Rolf Krauß
Jens Koch

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KUCERA advises LEG on the purchase of 2,200 apartments in Bremen and Niedersachsen

KUCERA advised LEG Immobilien AG on the purchase of 2,200 residential and 30 commercial units. The properties with a total rental area of 140,000 m² are located in Bremen, Oldenburg, Delmenhorst and Cuxhaven, with Bremen and Oldenburg accounting for around 92% of the rental area. A total of 39 buildings were built between 1920 and 2002 and extensively refurbished since 2015. Read more…

The KUCERA partners Jens Koch (Real Estate), Rolf Krauß (Tax) and Andre Barth (Real Estate, Finance and Transaction) provided advice.

Jens Koch
Rolf Krauß
Andre Barth

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KUCERA advises LEG on the purchase of 2,000 apartments in NRW

KUCERA advised LEG Immobilien AG on the purchase of 2,000 apartments in Aachen, Niederrhein and Ruhrgebiet. The portfolio covers an area of around 122,000 m², divided into one-room to four-room apartments ranging in size from 30 m² to 110 m². Almost half of the units are subsidised housing. The seller is Vivawest Wohnen GmbH. The property is to be transferred to LEG on 1 January 2020. Read more…

KUCERA partner Jens Koch (Real Estate) was responsible together with KUCERA Partner Andre Barth (Real Estate, Transaction). KUCERA partner Rolf Krauß (Tax) provided tax advice.

Jens Koch
Andre Barth
Rolf Krauß

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KUCERA advises Coreo on the purchase of 272 apartments in NRW

KUCERA advised Coreo AG on the purchase of 272 apartments. The apartments are located in Wuppertal, Bielefeld, Gelsenkirchen and Lünen and have a total area of 19,800 m². This housing stock is almost fully let. At the beginning of next year, the benefits and burdens are to be transferred to Coreo AG. Read more…

KUCERA partner Jens Koch was in charge together with David Fekadu and Alexander Hanf (all Real Estate). Nicole Sturmfels (Tax) advised on tax law.

Jens Koch
David Fekadu
Alexander Hanf
Nicole Sturmfels

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KUCERA advises major letting in Stuttgart

KUCERA advised HALLESCHE Krankenversicherung on the conclusion of a lease agreement for a new corporate headquarters in Stuttgart-Degerloch. HALLESCHE will consolidate its locations in Stuttgart in a new building. The approx. 26,000 m² office building is a project of the Freiburg project developer Unmüssig on the Löffelstraße site. The move-in is planned for the 3rd quarter of 2023. Read more…

KUCERA partner Dr. Stefan Kucera (Real Estate) was responsible together with Dajana Kenji (Real Estate).

Dr. Stefan Kucera
Dajana Kenji

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KUCERA supports Deutsche Hospitality inhouse in the takeover by the Huazhu Group

The Huazhu Group, a leading Chinese hotel group, acquires all shares in Steigenberger Hotels AG under the umbrella brand “Deutsche Hospitality”. The buyer is the subsidiary China Lodging Holding, based in Singapore. The brands of Deutsche Hospitality currently include Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, IntercityHotel and Zleep Hotels. Huazhu expects the acquisition to be a strategic addition and a competitive advantage for both companies. The Deutsche Hospitality brands are expected to expand Huazhu’s offering and operational capabilities in the European high-end hotel market. KUCERA advised Deutsche Hospitality on the transaction in-house. Among others from the KUCERA team were involved: Matthias Frank (lead, Hospitality), Dr. Stefan Kucera (Real Estate Transaction), Florian Weber and Michael Plehn (both Hospitality).

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Matthias Frank
Dr. Stefan Kucera
Florian Weber

Michael Plehn

KUCERA advises institutional investors on acquisition of “Metro Zentrale”

KUCERA advised on the legal and tax related aspects regarding the purchase of the “Metro Zentrale” in Düsseldorf. The acquisition took place for German institutional investors. The headquarters consists of six office buildings and a multi-storey car park with 1,300 parking spaces. The total area is more than 75,500 m² and has campus character. Read more…

KUCERA partner Oliver Platt LL.M (UW Madison) (Real Estate & Finance) was responsible together with KUCERA partner Andre Barth (Real Estate & Finance), Milena Stefanovic (Real Estate) and Raphael Polensky (Real Estate). They received tax support from Isabel Tannenberg (Tax).

 

 

 

 

 

 

 

 

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KUCERA advises Coreo on the sale of further properties from the Hydra portfolio

KUCERA advised Coreo AG on the sale of two further properties from the Hydra portfolio. The first property is a representative residential and commercial building with almost 2,200 m² rental space, a total of eleven parking spaces and is located in a good downtown location in Marburg. The second property is an approximately 1,000 m² office and commercial building in the immediate vicinity of the Holm pedestrian zone in Flensburg. Read more…

KUCERA partner in charge was Jens Koch. Isabel Tannenberg provided tax advice.

 

 

 

 

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KUCERA advises Sirius Real Estate on the purchase of Sony-Wega Areal

KUCERA has advised the real estate company Sirius Real Estate Limited on the purchase of the formerly used by Sony Wega commercial property in Fellbach. The business park is located at the gates of Stuttgart and has a floor space of approximately 24,600 m². With this acquisition, Sirius expands its presence in the Stuttgart area to six locations (Ludwigsburg, Markgröningen, Stuttgart-Weilimdorf, Kirchheim, Frickenhausen and Fellbach). Read more…

Responsible were KUCERA partners Oliver Platt LL.M (Real Estate) and Andre Barth (Real Estate) together with Milena Stefanovic (Real Estate). The tax consultants were KUCERA partner Rolf Krauss (Tax) and Isabel Tannenberg (Tax).

 

 

 

 

 

 

 

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