KUCERA advised Deutsche Hospitality on the conclusion of a lease agreement for a Zleep Hotel at Berlin Airport. The hotel, which has already been built, is located on Alexander-Meissner-Strasse and is expected to open in the first quarter of 2024. It has 198 rooms, 55 parking spaces, a restaurant and a lounge. Read more… KUCERA […]
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KUCERA has advised B&B Hotels on the conclusion of a lease agreement for a new hotel in the “Gerberquartier” in Worms. The Gerberquartier along Schönauer Strasse is still in its planning phase. B&B HOTELS is expected to move into a hotel building with approximately 107 rooms from the 2nd quarter of 2026. The lease agreement […]
Read moreKUCERA has advised the ACHAT Group on the acquisition of a portfolio of 13 hotels from the Michel Group. The hotels have a total of 1,600 guest rooms. As a result, the ACHAT Group will expand its portfolio to more than 50 hotels with more than 5,800 rooms as of March 2023. KUCERA partner Matthias […]
Read moreKUCERA has advised Esslingen live – Kultur und Kongress GmbH, an entity of the city of Esslingen am Neckar, on the conclusion of a lease agreement for the former Hotel Park Consul Esslingen. The reopening of the hotel with the new name “Leonardo Esslingen” is planned for summer 2023. The hotel has 150 guest rooms, […]
Read moreKUCERA has advised the Odyssey Hotel Group on the operating agreement for the yet-to-be-built hotel “Alte Post” in Reit im Winkl. The new property is scheduled to open in 2026 and will be operated under the luxury brand “Vignette Collection”. The luxury hotel will have 150 rooms, two restaurants, underground parking and a wellness area. […]
Read moreKUCERA advised HALLESCHE Krankenversicherung on the sale of its existing buildings, consisting of three separate office portfolios with around 38,000 m² GFA. The three portfolios “Rosenberg Duo”, “Silberburg Höfe” and “City Selection” are all located in the west of Stuttgart and comprise a property area of approx. 12,940 m². Read more… Responsible was KUCERA partner […]
Read moreUnit Gesellschaft für Projektentwicklung from Darmstadt has sold the office part of Campus Mitte to 7280 Improving Assets from Munich. KUCERA advised the seller. The property, located on Schweinfurter Straße in Würzburg’s old town, has a total leasable area of approximately 9,800 m² and is almost fully let to Telekom. Read more… KUCERA partner Dr. […]
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Are you in the business of holding, structuring or managing real estate portfolios? Or are you a user of commercial properties? We have the right legal solutions for you.
We advise companies from the real estate industry such as investors, property developers and managers as well as property users. More specifically, these include: investment managers, portfolio managers, asset managers, property managers, facility managers, building contractors, banks, insurance companies, private equity funds and family offices, trusts, loan servicers, hotel & leisure entities as well as lessees of commercial properties..
Real estate investors / financial institutions
We advise investors in connection with real estate investments, in particular regulated investors such as funds, banks and insurance companies, as well as private equity companies and family offices. We also act for winding-up vehicles (bad banks) and special servicers.
KUCERA possesses many years of experience in providing legal advice in the fields of real estate financing and refinancing as well as restructuring of real estate portfolios in crisis.
Service offering:
- Identifying potential risks of investment decision
- Structuring of investment funds giving regard to the special regulatory requirements
- Advising on and establishing corporate law structures
- Optimising investment structures, in particular in terms of tax law aspects
- Sale and realisation of loan receivables together with collateral in real estate financing and refinancing measures
- Non-performing loan situations, particularly in the case of insolvencies, foreclosures and receiverships
Real estate managers / investment managers
We provide investment managers with ongoing legal advice relating to their management of assets of private and institutional investors in the investment class “real estate”.
In this regard, our advisory relates to tax structuring and optimisation of investments, regulatory issues and the establishment of efficient corporate law structures. We escort foreign investors entering the German real estate market.
Service offering:
- Advising on optimised acquisition structures
- Establishment of fund structures
- Review of regulatory issues
Asset managers
We advise real estate managers on managing existing properties with a view to preserving and increasing their value. Our advisory activity relates to all factors that can increase or stabilise the earnings strength of the property. That particularly includes conclusion of new lease agreements or conclusion of contracts with service providers relating to the property.
Service offering:
- Drafting and negotiating lease agreements and amendments to lease agreements
- Advising in connection with all legal issues that may arise in the course of the lease relationship, e.g. with operating cost invoices or questions relating to the differences between the obligations of lessor and lessee in the area of preventative and corrective maintenance as well as basic repairs
- Service agreements relating to the property, such as asset management, facility management or broker agreements
- Advising on lessor or lessee insolvencies
- Acting as counsel in litigation, representation in court
Property developers
KUCERA provides ongoing advice on the development and realisation of real estate projects. We are involved in all phases of a project development transaction, starting with the feasibility study and financial viability review right through to the realisation and commercialisation of the project through sale, lease and management. Our advisory also includes ensuring legal certainty through the project’s documentation, making it clear and comprehensible to both commercial and technical staff.
Service offering:
- Founding and managing property companies
- Joint venture agreements
- Drafting agreements with parties involved in construction, particularly with general planners, project managers, architects and engineers, as well as with building contractors
- Drafting loan agreements for bridge financing
- Letting
- Purchasing and securing project properties
- Urban development contracts, public services and infrastructure development contracts
- Project documentation, preparation and ongoing advice on due diligence and Q&A processes (sell side legal due diligence)
Real estate users
We advise operators of commercial properties, particularly with regard to concluding and amending lease agreements for retail space as well as the acquisition of properties as part of site expansions.
Service offering:
- Lease agreements, primarily in the retail sector
- Legal advise in connection with site development
- Contracts for services and work as well as property-related service agreements
Hotel operators
KUCERA is one of the few law firms in Germany with a strong and long-standing practice in the hotel area. Our clients include reputed hotel operators, hotel project developers and hotel investors.
Service offering:
- Advising on lease agreements
- Management and franchise agreements
- Acquisition and sale of properties
- Takeover of existing hotel businesses
- Reservation and contingent contracts as well as marketing agreements
- Service agreements (outsourcing)
- Restructuring and takeovers as well as developing and implementing exit strategies for distressed properties
- Advising prior to legal disputes with a view to dispute avoidance
- Representing the interests of our clients before the courts and arbitration tribunals
- Enforcement of creditor rights in insolvency proceedings