German High Court Bundesgerichtshof (BGH) has dismissed so-called written-form-curing-clauses. With this decision BGH ruled on a long-time controversial issue. Common practice intended to hinder early termination of long term leases by deploying curing clauses. Curing clauses are incompatible with section 550 German Civil Code which is mandatory and, therefore, always void. Seen individually, these clauses […]
Read moreMonth: November 2017
KUCERA has given tax advise to TH Real Estate on the purchase of a local supply center in Wiesbaden. The purchase was made by way of an asset deal for an individual mandate which TH Real Estate manages for an institutional investor from Germany. The property was built in 2016 and has 1,400 square meters […]
Read moreKUCERA has advised a real estate private equity fund on the sale of Frankfurt Westend Terraces, which are on the edge of the banking district in Oberlindau 54-56. The terrace house has an office space of about 7000 square meters. Responsible for the transaction was the KUCERA partner Oliver Platt, LL.M, working with a team […]
Read moreAt Kornmarkt-Arkaden in Frankfurt a Hotel, offices, a residential house, shops and restaurants are being developed until fall 2018. KUCERA’s new premises will be Kontor 3. The roof topping ceremony took place today. Read more lesen … www.kucera.biz
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