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02.10.2015
Hansapartner successful in real estate industry
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Recent news and notable deals from BKR International firm Hansapartner (Hamburg):

Hansapartner successful in real estate industry

Within two weeks Hansapartner Steuerberater Rechtsanwaelte Partnerschaft mbB have completed a real estate deal with special challenges regarding its tax implications.  The property consisting of commercial and residential space as well as a hotel business imposed high demands on the team of tax and legal consultants, especially given the tight timeframe set by the buyer, an international real estate fund. “The swift completion of the task could only be managed because our tax consultants and lawyers worked hand in hand”, says Christian Chemnitz, lawyer and partner.

Equally successful, partners Holger Balhorn and Dr. Gottfried Froehlich have recently assisted two major clients with a number of real estate projects with a combined value of around EUR 450m.

The complex tasks included tax advice determining the transaction structure (especially regarding real estate transfer tax), contractual agreements, financing issues and implementation. The transactions concerned share and assets deals regarding commercial properties and office buildings in Frankfurt, Bonn, Duesseldorf and Berlin for a large client, a dynamically growing listed real estate corporation. The focus of the company´s strategy is the acquisition and management of commercial properties, especially office and retails properties in Germany´s major office locations.

For another major client, a group of companies developing and building flats, office and commercial properties and shopping centres for its own portfolio, Hansapartner advised on the taxation aspects of the sale of a hotel property (asset deal) worth EUR 20m and 6 residential and commercial properties worth EUR 24m.

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