News

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 […]

KUCERA advised the HR Group in the negotiations of new lease agreements in the context of the sale of seven hotels. The buyer is Pandox, a real estate company listed on the Stockholm Stock Exchange. The properties include the Dorint Main-Taunus Zentrum in Frankfurt am Main, the Mercure Hotel Frankfurt Airport and the Pullmann Stuttgart […]

KUCERA advised Berateq GmbH on the purchase of the “Am Aubach” industrial park in Waldsolms near Frankfurt am Main as part of a share deal. The property is approximately 17,000 m² in size and comprises a retail park and several office buildings with a total lettable area of 5,500 m². The business park also has […]

KUCERA advised Coreo AG on the acquisition of the St. Martin Tower. The purchase was a joint venture between Barings Real Estate and Coreo, with Coreo assuming the role of junior partner with 10.1% in the Off-market Share Deal. The office complex is located in Frankfurt’s City West and consists of two building sections, the […]

KUCERA advised LEG Immobilien AG on the purchase of 2,200 residential and 30 commercial units. The properties with a total rental area of 140,000 m² are located in Bremen, Oldenburg, Delmenhorst and Cuxhaven, with Bremen and Oldenburg accounting for around 92% of the rental area. A total of 39 buildings were built between 1920 and […]

KUCERA advised LEG Immobilien AG on the purchase of 2,000 apartments in Aachen, Niederrhein and Ruhrgebiet. The portfolio covers an area of around 122,000 m², divided into one-room to four-room apartments ranging in size from 30 m² to 110 m². Almost half of the units are subsidised housing. The seller is Vivawest Wohnen GmbH. The […]

KUCERA advised Coreo AG on the sale of 10% of a property in Mannheim. The property is located in Güterhallenstraße in Mannheim’s Mühlauhafen. The sub-areas consist of office and storage space. Read more… KUCERA partner Jens Koch (Real Estate) was responsible.

KUCERA advised Coreo AG on the purchase of 272 apartments. The apartments are located in Wuppertal, Bielefeld, Gelsenkirchen and Lünen and have a total area of 19,800 m². This housing stock is almost fully let. At the beginning of next year, the benefits and burdens are to be transferred to Coreo AG. Read more… KUCERA […]

KUCERA advised HALLESCHE Krankenversicherung on the conclusion of a lease agreement for a new corporate headquarters in Stuttgart-Degerloch. HALLESCHE will consolidate its locations in Stuttgart in a new building. The approx. 26,000 m² office building is a project of the Freiburg project developer Unmüssig on the Löffelstraße site. The move-in is planned for the 3rd […]

The Huazhu Group, a leading Chinese hotel group, acquires all shares in Steigenberger Hotels AG under the umbrella brand “Deutsche Hospitality”. The buyer is the subsidiary China Lodging Holding, based in Singapore. The brands of Deutsche Hospitality currently include Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, IntercityHotel and Zleep Hotels. Huazhu […]