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 …
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.