KUCERA has advised an Irish family office on the sale of two Meininger hotels in Frankfurt am Main and Berlin to Avignon Capital. Meininger’s Berlin hotel with 296 rooms on 7,487 sqm is located directly at Berlin’s main railway station. The Meininger hotel in Frankfurt am Main hotel is located at the Gateway Gardens with 168 rooms on 4,720 sqm. The purchase price amounted to about EUR 48.5 Million.
KUCERA structured the legal side of the selling process for the sellers. In addition to developing the legal concept of the purchase agreement, KUCERA also advised comprehensively in compiling and managing the data room for the purchaser’s due diligence review.
KUCERA partner Oliver Platt, LL.M managed the transaction with a real estate and finance team consisting of Andre Barth and Soma Abedi. Read more …
KUCERA has advised Kildare Partners on the sale of an office and commercial building in the center of Frankfurt am Main. The sale was structured as an asset deal.
KUCERA structured the legal and tax concept for the transaction. In addition, KUCERA supported the client comprehensively in compiling and managing the data room for the purchaser’s due diligence review.
Responsible for the transaction was the KUCERA partner Oliver Platt, LL.M, working with a team consisting of Andre Barth (Real Estate/Finance) and Isabel Tannenberg (Tax). Read more …
KUCERA continues attending world largest property market. Meet us at MIPIM! 14-17 March 2017, R7.G20
publity has bought the “Union Center” in Saarbrücken. The office complex was sold in the context of an insolvency proceeding to the Leipzig based retail investor in an asset deal. The multi tenant object, modernized in 200, with around 47,000 sqm lettable space is situated in central Saarbrücken. Amongst the tenants with strong covenant strength are Deutsche Postbank, Bundesnetzagentur, Prego Services and the Saarland Ministry of Finance. Special Servicer Situs/Hatfield Philips acted on behalf of the lenders. KUCERA advised Situs/Hatfield Philips on the sale.
KUCERA partner Jens Koch with a real estate team, consisting of Soma Abedi and David Fekadu, took the lead. The transaction was accompanied by Isabel Tannenberg in taxation related matters. Read more …
KUCERA continues attending Europe’s largest and most influential conference for the hotel investment community. Meet us at IHIF! 06-08 March 2017.
Revision of an entrepreneur’s tax invoice retroacts to the date of issuing the invoice for the first time. This represents a change in jurisdiction. Such invoice can be revised until the end of the final court hearing before the Finance Courts. Tax partner Rolf Krauß of KUCERA discusses Federal High Court’s judgement of 20 Oktober 2016 in Immobilien Zeitung. Read more …
TH Real Estate has acquired the inner-city shopping center Mercatura for Core German Retail Fund (CGRF) in Aalen/Swabia. The shopping center with a total letting space of around 18,000 sqm opened 2009. CGRF is managed by real estate service KVG IntReal. KUCERA has advised on tax aspects of the transaction. Read more…
Seller of the hotel is a Luxembourg real estate fund managed by an international asset manager. By this acquisition the buyer, an international insurance company, strengthens its hotel portfolio. The hotel is operated by a German family owned hotel brand. KUCERA’s team expertise covered legal and tax issues of the transaction.
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KUCERA Rechtsanwälte is a law firm whose advisory focus is on the real estate industry. With its clear focus on the real estate sector and our industry experience, we represent a genuine alternative to the real estate teams of big law firms.