KUCERA advises Deutsche Hospitality on management agreement for hotel in Saudi Arabia

KUCERA advised Deutsche Hospitality on the management agreement for the IntercityHotel Riyadh Malaz in Riyadh, Saudi Arabia. It belongs to the latest interior design generation of the IntercityHotels and has 82 rooms and four suites as well as a rooftop swimming pool. Located in the Al Malaz business district, the hotel aims to appeal to both leisure and business travellers. Read more…

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

Matthias Frank

Florian Weber

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KUCERA advises Deutsche Hospitality on the launch of a special fund

KUCERA advised Deutsche Hospitality on the launch of the special fund for European hotel real estate. In cooperation with Commerz Real, a purchase volume of 250 million euros is planned for the Commerz Real European Hotel Fund. Investments will be made in up to eight three- to five-star hotels of the brands Steigenberger Hotels and Resorts, Jaz in the City, Maxx by Steigenberger and IntercityHotels. Read more…

KUCERA partner Oliver Platt LL.M (UW Madison) (Real Estate & Finance) was responsible together with KUCERA partner Matthias Frank (Hospitality).

 Oliver Platt

 Matthias Frank

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KUCERA advises Gevi on rental agreement for Holiday Inn Express

KUCERA advised Gevi Leverkusen Projekt I on the conclusion of a long-term lease agreement for a Holiday Inn Express hotel. The hotel will be built in the third quarter of 2019 at Leverkusen “Mitte” station. The hotel will have 189 rooms and a gross floor area of 8,600 m². Read more…

KUCERA partner Matthias Frank (Hospitality) was in charge together with Helmut Kienle (Hospitality).

 Matthias Frank

 Helmut Kienle

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KUCERA advises IntercityHotel on lease agreement for new flagship

KUCERA advised IntercityHotel GmbH on the conclusion of a lease agreement for a new hotel. On the south side of Frankfurt’s main railway station, the 414-room hotel is the largest of the hotel brand, replacing the IntercityHotel at Berlin’s main railway station as the flagship. Read more…

KUCERA partner Matthias Frank (Hospitality) was responsible together with Birgit Böhn (Hospitality).

 Matthias Frank

 Birgit Böhn

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KUCERA advises Deutsche Hospitality on a franchise agreement for a new hotel in Hurghada/Egypt

KUCERA advised Deutsche Hospitality on the conclusion of the franchise agreement for the Hotel Steigenberger Pure Lifestyle in Hurghada. The hotel is operated by the developer Aldau Development. It is part of the Mega Steigenberger Aldau Resort. The 5-star boutique hotel has 132 suites of at least 55 m², divided into Jacuzzi, swim-up and penthouse suites. Read more…

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

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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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