KUCERA advised Coreo AG on the acquisition of a residential portfolio with approximately 1,340 residential units, spread over 27 locations in North Rhine-Westphalia, Berlin, Saxony-Anhalt, Thuringia and Mecklenburg-Western Pomerania. The purchase was carried out in a share deal via the acquisition of an 89.9% stake. The overall portfolio has a total leasable area of around […]

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KUCERA advised Coreo on the purchase of two production sites and administrative buildings of a German automotive supplier listed on the stock exchange. The properties, located in Baden-Württemberg, North Rhine-Westphalia and Thuringia, have a total leasable area of approximately 14,400 m². The majority of approximately 10,700 m² is used for production. Read more… Responsible was […]

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Albert Steigenberger opened the first Steigenberger Hotel in the Europäischer Hof in Baden-Baden in 1930. This laid the foundation for a hotel group that today operates 160 hotels on three continents under the umbrella brand Deutsche Hospitality. The hotel property with its 180-year history is currently under construction. The luxury hotel is expected to reopen […]

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KUCERA advised Union Institutional Property GmbH on the purchase of the headquarters of OstseeSparkasse (Ospa). The sale took the form of an asset deal for the special fund “German Small Asset Invest II”. The property, built in 2000, is located on Am Vögenteich in Rostock’s city centre and comprises around 19,000 m² of gross floor […]

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KUCERA advised Union Institutional Property GmbH on the purchase of an office, residential and commercial complex. The sale took the form of an asset deal for the special fund “German Small Asset Invest II”. The property, built in 2000, is located in Langenfeld’s city centre and extends over four floors with a total of 14,737 […]

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KUCERA advised VR Bank Main-Kinzig-Büdingen eG on the sale of the Central Tower Eschborn (formerly “Opelturm”). The building, erected in 1993, is located at Frankfurter Straße 92 in Eschborn and has a total lettable area of 4,330 m². The largest tenant of the property is a newly opened Rewe market. Read more… KUCERA partners Oliver […]

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KUCERA advised alstria office REIT-AG on the acquisition of “SOLIS”, a property in Frankfurt’s Eastend (Hanauer Landstraße 161-173). The property is located in the immediate vicinity of the new ECB headquarter and was acquired from a group of private investors. This is the first acquisition in which alstria office REIT-AG relies on KUCERA’s advice on […]

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KUCERA advised Arminius on the purchase of the Frankfurt office complex Grand Campus. The office property, which was built in 2001, is located at Mainzer Landstraße 151-157, Frankfurt/Main, and comprises four buildings with a total of 60,800 m² rental space, which are leased to Commerzbank AG on a long-term basis. Read more… KUCERA partners Oliver […]

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KUCERA advised the Arminius Group on the acquisition of the new office building “EhrenWert”. The building, located at Grüner Weg in Cologne-Ehrenfeld, with 10,100 m² rental space and 120 parking spaces is scheduled for completion at the end of 2021. The long-term tenant is the main customs office in Cologne. Read more… KUCERA partners Oliver […]

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A key point in the draft of the Second Corona Tax Assistance Act (Zweites Corona-Steuerhilfegesetz) is the reduction of the regular VAT rate from 19 % to 16 % during 1 July 2020 and 31 December 2020. Rental real estate enterprises should be particularly aware of the following issues: The new tax rate applies if […]

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