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 Deutsche Hospitality on framework agreement for 12 new hotels

KUCERA advised Deutsche Hospitality on the framework agreement with the Brendal Hotel Group. The previously independently managed hotel group intends to expand as a franchisee of the Maxx by Steigenberger brand in the future. By the end of 2022, twelve new Maxx by Steigenberger brand hotels shall be opened throughout Germany. Read more…

KUCERA partner Matthias Frank (Hospitality) was responsible together with Florian Weber (Hospitality).

Matthias Frank
Florian Weber

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KUCERA advises FBW on purchase of Kureck Wiesbaden

KUCERA advised FBW Projektbau GmbH on the acquisition of a majority stake in the residential area of the Kureck district project in Wiesbaden, with construction of the ensemble still to begin. The seller IFM Immobilien, Heidelberg, will retain further shares. Both will drive the project forward in a joint venture. The site comprises a residential high-rise with an estimated 85 apartments and nine smaller buildings with a total of 70 residential units. Read more…

Responsible were KUCERA partners Oliver Platt LL.M (UW Madison) (Real Estate & Finance), Andre Barth (Real Estate & Finance) together with Milena Stefanovic (Real Estate & Finance), David Fekadu (Real Estate), Raphael Polensky (Real Estate & Finance). KUCERA partner Isabel Tannenberg (Tax) together with Leila Idrissi (Tax) advided in tax law.

Oliver Platt
Andre Barth
Milena Stefanovic
David Fekadu
Raphael Polensky
Isabel Tannenberg
Leila Idrissi

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KUCERA advises Catella on the purchase of a multi-storey car park in Kaiserslautern

KUCERA advised Catella Real Estate AG on the purchase of the “Parkhaus Hauptbahnhof” in Kaiserslautern. Catella acquired this for its open-ended special fund “Catella Park Europa”, in which they cooperated with the Amsterdam investment manager Orange. The multi-storey car park has 400 parking spaces and is leased to the railway subsidiary DB Station & Service. Read more…

Responsible were the KUCERA partners Oliver Platt LL.M (UW Madison)(Real Estate & Finance), Andre Barth (Real Estate & Finance) and Isabel Tannenberg (Tax) together with Milena Stefanovic (Real Estate & Finance).

Oliver Platt
Andre Barth
Isabel Tannenberg
Milena Stefanovic

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