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REIUS. advises HAMBURG TEAM Investment Management on the acquisition of the „Fünfgiebelhaus“ in Kiel
REIUS. advised HAMBURG TEAM Investment Management on the acquisition of the so-called “Fünfgiebelhaus”, a project development of 125 apartments and commercial space in Kiel, for a Norther German pension fund from the Kiel-based Norddeutsche Grundstücksentwicklungsgesellschaft (NGEG). >
Student Housing, Micro- and Serviced Apartments: Exemptions from the rent brake (Mietpreisbremse)?
Investor interest in new and old forms of urban living is fundamentally unchanged. However, changed market conditions with increased construction and financing costs and ever stricter climate protection requirements are putting the brakes on investments. The rent brake (Mietpreisbremse) also continues to contribute to the tightness of the German housing market. Investors are therefore on the lookout for urban forms of housing that are not bound by the rent brake. Do student housing, serviced or micro apartments offer a way out here? >
REIUS. advises Triton on real estate law in the sale of Norres Group
REIUS. has advised the Smaller Mid-Cap Fund I advised by Triton on real estate law in the sale of Norres Baggerman Group, a market leading manufacturer of industrial plastic hoses in Europe, to Nalka DACH Investments SA SICAF-RAIF. >
REIUS. advises Catella on the acquisition of the „Falkenquartier“ in Berlin-Weißensee
REIUS. advised the Berlin-based Catella Residential Investment Management GmbH (CRIM) and the Munich-based KVG platform Catella Real Estate AG (CREAG) on the acquisition of the so-called “Falkenquartier”, an energy efficient project development of 67 apartments in Berlin-Weißensee, for the public open-ended real estate fund Catella Wohnen Europa (CWE) from the Berlin-based Falkowski Group. >
The ban on internal combustion engines and urban petrol stations: A fine piece of real estate
The oil business as we know it has an official expiration date: On 14 February 2023, the European Parliament decided that no new cars and vans with an internal combustion engine may be registered in the EU after 2035. Against this background, the business model of oil companies and petrol station operators will fundamentally change. Today’s petrol stations will hardly continue to exist unchanged in the future – both in terms of their number and their actual use. Aspects of real estate law are also likely to play a significant role in the future (subsequent) use of petrol stations. >
Realignment of Construction Funding for New Buildings by the German Federal Government: Federal Minister of Construction Geywitz Presents Plans Starting in March 2023
In a press statement issued on 25 January 2023, Federal Minister of Construction Klara Geywitz (Social Democratic Party) presented the German Federal Government’s plans for future subsidies for new constructions. The new funding mainly aims at reducing CO2 emissions in the building sector to achieve Germany’s climate goals. >
Foreign real estate companies face first-time obligation to notify beneficial owners to the German Transparency Register by June 30, 2023
Due to an amendment to the Anti-Money Laundering Act (GwG), foreign companies that own German real estate are obliged to register in the German Transparency Register by June 30, 2023. >