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KUCERA advised the Deutsche Hospitality on the franchise agreement for the Zleep Hotel Zürich-Kloten. The hotel is part of a neighbourhood development near the airport, together with a restaurant, retailers and condominiums. It will have 90 guest rooms, a lobby with breakfast area and bar. In addition, 15 hotel parking spaces are planned, as well […]

DThe Kreis- und Stadtsparkasse Darmstadt is having an office building with a gross floor area of 6,600 m² constructed in the Telekom quarter of its home town. The savings bank wants to merge departments from six different locations in Ida-Rhodes-Straße. The construction management is in the hands of Bautec, a subsidiary of Deutsche Anlagen Leasing, […]

Around 10,000 m² of office space is to be created on the Filder-Airport-Areal by the end of 2022. Mercurius Real Estate from Frankfurt has commissioned Blue Estate from Stuttgart with the project development and management. Construction is scheduled to begin next spring, with completion scheduled for the fourth quarter of 2022. The Filder-Airport-Areal, which has […]

The legislator wants to remedy the eternal dispute about written form defects of long-term rental contracts. After the Federal Court of Justice recently finally overturned so-called cure clauses in long-term rental agreements (we reported), the Bundesrat took the initiative and decided to reform the regulation in December 2019. Failure to comply with the formal requirements […]

LaSalle Investment Management has acquired two logistics buildings in Heppenheim for the E-Regi fund. One of these is a distribution centre with the sole tenant Henry Schein Dental on around 18,000 m² rental space at Hunsrückstraße 2. The seller is the investor group Biskupek-Scheinert-Klotz. KUCERA advised the sellers. Read more …

Not only the new office in Frankfurt, but also the newly acquired notary’s office, the 15th anniversary of the firm and a new partner gave reason to celebrate. Dr. Kucera opened the Grand Opening with a festive speech in which, among other things, he emphasized the historical features of the new office building from the […]

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  […]