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).

Read more…

Matthias Frank
Dr. Stefan Kucera
Florian Weber

Michael Plehn

JLL’s future German headquarter at “sono west” in Frankfurt sold to Generali – KUCERA advises PATRIZIA and OFB

KUCERA has advised a joint venture of PATRIZIA and OFB on the sale of “sono west” in Frankfurt to Generali. As single tenant JLL will operate on 8,200 sqm its headquarters in Germany.┬áKUCERA was previously engaged in the conclusion of the lease agreement (read more …). The office building is scheduled for completion end of 2018. KUCERA advised on legal and tax aspects of the transaction. Read more …