Asset Management

Lease agreements are important economic assets for owners and tenants. They establish long-term legal relationships, but the legal and economic opportunities and risks are often underestimated. Every year we provide advice when concluding lease agreements for space of more than 100,000 m².

We know the regional peculiarities of the markets and their players. Our clients include real estate funds, investment companies, banks as well as owners of office and retail properties, shopping centers, big-box markets, warehouse and logistic properties, hotels and food services properties, regardless of whether development projects or existing properties are involved.

We advise retail chains in their expansion and also owners of residential portfolios. We draft template lease agreements which are customized for your needs and provide support to you from the beginning to the development of the concept, the examination and the negotiation of lease agreements, addenda and descriptions of construction work. We make sure that your lease agreements are in compliance with current case law, for example, concerning cosmetic repairs or the ability to pass on ancillary costs. In addition, we structure effective clauses for you and help you in examining statements of account for operating costs and ancillary costs.

In real estate transactions, we conduct the due diligence examination for you of all lease agreements as well as other contracts required for the operation of properties and summarize the results for you in understandable due diligence reports. Since our clients include well-known administrative companies, asset managers, property managers and facility managers, we advise you, of course, also when concluding all contracts which are important for these services (including TGM and TGA).

Our main areas of services:

  • Structuring and adapting lease agreements
  • Advice on accounting for operating and ancillary costs
  • Examining lease agreements in the course of transactions
  • Litigation