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Germany Rent

Latham & Watkins LLP

German Residential Portfolios: Market Outlook

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As investors scrutinise German residential real estate opportunities in 2024, the environment looks very different from a year ago. While some large deals were executed in 2023 despite pressures in the market, the outlook for...more

Hogan Lovells

Indexierung in Zeiten hoher Inflation

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Die Inflation steigt und damit auch die Indexmieten. Lag der Mittelwert der Inflation vor Beginn der Ukrainekrise noch bei 1,37 % p.a., betrug die Inflationsrate nunmehr im Juni 6,4 % im Vergleich zum Vorjahresmonat. Wer...more

Hogan Lovells

Vorwurf des OLG Düsseldorf an Mieter: das hättet Ihr doch wissen müssen!

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Das Oberlandesgericht Düsseldorf hat in einem Hinweisbeschluss bereits im vergangenen September entschieden, dass Mieter während der COVID-19-Pandemie nicht davon ausgehen dürfen, dass nach Abschluss eines pandemiebedingten...more

McDermott Will & Emery

REAL ESTATE UPDATE: Changeover of the Consumer Price Index to the New Base Year 2020

McDermott Will & Emery on

The Consumer Price Index for Germany (CPI) is both updated monthly in line with current price developments and, as a rule, subjected to a fundamental revision at five-year intervals and switched to a new base year....more

McDermott Will & Emery

Real Estate Update Q1/2023: Neuerungen im Immobilienwirtschaftsrecht

McDermott Will & Emery on

Das neue Jahr 2023 bringt einige wichtige Gesetzesänderungen für die Immobilienbranche mit sich, die Ihre Aufmerksamkeit verlangen. In unserem Real Estate Update werfen wir einen Blick auf ausgewählte Gesetzesänderungen, die...more

McDermott Will & Emery

REAL ESTATE UPDATE: Indexklauseln in Gewerbe- und Wohnraummietverträgen: FAQ für Vermieter und Mieter

McDermott Will & Emery on

Eine Indexklausel, auch bekannt als Wertsicherungsklausel, findet sich in vielen gewerblichen Mietverträgen. Mit einer Indexklausel sollen inflations- und deflationsbedingte Wertveränderungen sowohl zugunsten als auch...more

BCLP

10 things you should know about lease agreements in Germany / England & Wales

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German civil law differentiates between residential and commercial leases (Mietvertrag) and leaseholds (Pachtvertrag). Residential or commercial leases are more common than leaseholds: they grant the tenant a right to use the...more

Latham & Watkins LLP

“Ki(c)k“ boxing between tenants and landlords on rent payment obligations during Covid-related business closures continues even...

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This week, the Federal Court of Justice (BGH) issued its eagerly awaited judgment on rent payment obligations during COVID-related business closures. The judgment eases, at least in part, landlords and tenants’ uncertainty...more

A&O Shearman

German Federal Court of Justice ruling: no blanket rent cut for pandemic related business closures

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With its ruling passed on 12 January 2022, the German Federal Court of Justice (Bundesgerichtshof; BGH) upheld the appeal brought against the judgment passed by the Higher Regional Court (Oberlandesgericht; OLG) of Dresden...more

Hogan Lovells

Mündliche Verhandlung des BGH zur Störung der Geschäftsgrundlage (§ 313 Abs. 1 BGB)

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Zusammenfassung der bisher ergangenen Rechtsprechung zu § 313 Abs. 1 BGB Es wird spannend… anstehende mündliche Verhandlung des BGH zur Störung der Geschäftsgrundlage (§ 313 Abs. 1 BGB) im Zusammenhang mit der Covid-19...more

A&O Shearman

The Berlin preliminary decision: Can housing companies be expropriated?

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For some time now, Berlin has been experiencing a shortage of affordable and socially subsidized housing. ...more

Morrison & Foerster LLP

„Berliner Mietendeckel“ nichtig

Das im Februar 2020 verkündete Gesetz zur Mietenbegrenzung im Wohnungswesen in Berlin, oft auch einfach als „Mietendeckel-Gesetz“ bezeichnet, ist nichtig. So hat es das Bundesverfassungsgericht heute entschieden. Damit...more

Hogan Lovells

COVID-19 – New Higher Regional Court rulings on the obligation to pay rent during the first lockdown

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In February 2021, three Higher Regional Courts had to deal with the question of whether and on what legal basis the rents agreed in individual cases are to be temporarily reduced due to the official closure orders during the...more

A&O Shearman

Higher Regional Court judgement: risk-sharing between landlord and tenant as a result of the pandemic-related closures

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On 24 February 2021, the Higher Regional Court (Oberlandesgericht) of Dresden (judgment of 24 February 2021, case no. 5 U 1782/20) took a stand on risk-sharing between landlord and tenant as a result of the pandemic-related...more

Hogan Lovells

New judgement on § 313 of the German Civil Code (BGB) in connection with COVID-19

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Consequences for the hotel industry - According to a recent judgement of the Regional Court of Munich, the circumstances of the specific individual case must still be taken into account when determining the amount of rent...more

Hogan Lovells

Hotel contracts - Deferred or suspended rent due to Corona

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Does the owner bear the risk in case of bankruptcy? Due to the tense situation in the hotel industry, various lessees are currently approaching their lessors asking for deferral or abatement of rent payments for the...more

Hogan Lovells

Corona Crisis and Lease Law in Germany

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The Corona Crisis has hit the real estate market in general, but in particular it is impacting the retail and hospitality sectors. The scale and business relevance of the Corona Crisis is somehow unprecedented, and therefore...more

Hogan Lovells

COVID-19: Crisis-related exclusion of termination right on landlords takes effect

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On April 1, 2020, an exemption from the landlord's termination right comes into force, which protects tenants against the loss of their apartment or commercial space in the event of late payment of the rent. However, this...more

Hogan Lovells

Default of rent payment due to the COVID 19 pandemic – Tenant easement at risk?

Hogan Lovells on

Tenants who cannot longer pay their rent due to the effects of the COVID 19 pandemic do not have to fear a termination of the lease agreement by their landlord due to late payment as per § 543 (2) clause 1 No. 3 of the German...more

Hogan Lovells

First judgments on rent payment obligations during pandemic-related restrictions

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In spring of this year, retail stores, among other places, were closed for several weeks due to pandemic-related official orders in Germany. In the meantime, the first judgments have been issued as to whether the tenants of...more

Hogan Lovells

COVID-19 - Modification to the disruption of the business basis in commercial lease law planned

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German government plans to qualify usage restrictions due to state Covid-19-related measures as a disruption of the business basis of lease agreements. On 13 December 2020, the Federal Government and the Minister Presidents...more

A&O Shearman

Covid-19 Update: Act to further shorten the residual debt discharge procedure

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The German Federal Parliament approved the government draft bill for an “Act to further shorten the residual debt discharge procedure” (Federal Parliamentary Doc. 19/21981, 19/22773) on 17 December 2020 in the version of the...more

McDermott Will & Emery

Update Mietrecht: Einführung einer gesetzlichen Vermutung zur Störung der Geschäftsgrundlage - McDermott Will & Emery

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Nach dem Beschluss der „Telefonkonferenz der Bundeskanzlerin mit den Regierungschefinnen und Regierungschefs der Länder“ vom 13. Dezember 2020 zur Einführung eines bundesweiten „harten“ Lockdowns soll für Gewerbemiet- und...more

Latham & Watkins LLP

COVID-19: Impact on Legal Positions of Landlords in Germany

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What actions are available to the landlord in the event of COVID-19-based rent payment defaults? As a result of the legal amendments on German tenancy law that were passed in March 2020 in connection with the COVID-19...more

Latham & Watkins LLP

COVID-19: Auswirkungen auf Rechtspositionen von Vermietern

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Welche Handlungsmöglichkeiten stehen dem Vermieter im Falle COVID-19 basierter Mietzahlungsausfälle zur Verfügung? Durch das „Gesetz zur Abmilderung der Folgen der COVID-19-Pandemie im Zivil-, Insolvenz- und...more

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