KUCERA advised Berateq GmbH on the purchase of the “Am Aubach” industrial park in Waldsolms near Frankfurt am Main as part of a share deal. The property is approximately 17,000 m² in size and comprises a retail park and several office buildings with a total lettable area of 5,500 m². The business park also has 160 parking spaces for cars. Read more…
KUCERA partner Rolf Krauß (Taxation) was responsible for the project.
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 Share Deal. 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).
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.
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.
KUCERA advised Coreo AG on the sale of 10% of a property in Mannheim. The property is located in Güterhallenstraße in Mannheim’s Mühlauhafen. The sub-areas consist of office and storage space. Read more…
KUCERA partner Jens Koch (Real Estate) was responsible.
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.
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).
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).
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).
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.
