Regulatory

The construction turbo could initiate the turnaround for residential construction

Prof. Dr. Mathias Hellriegel in the IREBS position on upcoming changes, the significance for housing construction, upcoming challenges and positive impulses for the industry.

Tenant electricity from photovoltaics: possibilities and models from the point of view of the property owner

ELTIF: European Success Stories – Also for Germany?

"The knot has burst," states the introduction to the broad-based study on the ELTIF market by the analysis firm Scope. In fact, ELTIFs have become the trendsetter of recent years.

GP Stake Investing: Unlocking Growth, Alignment, and Strategic Edge in Real Estate

As institutional investors continue to pursue long-term, high-conviction strategies in real estate, one emerging approach is drawing attention: GP stake investing.

Co-determination of investors in special funds in danger?

The draft of the BaFin leaflet on the influence of investors on investments and divestments of investment funds provides an opportunity to sharpen understanding of the traditional role-playing game with a long history of investors and capital management companies.

ESG: Have we been “nudged”?

Started with enthusiasm and now at a dead end? ESG is still the right thing to do – whereby it depends on the value-creating implementation and goal with the fund strategy.

The new coalition agreement 2025: real estate and tax aspects

On 9 April 2025, the CDU/CSU and SPD presented their coalition agreement, setting out the political guidelines for the coming legislative period. The coalition agreement gives clear signals: investment and growth through tax incentives and reduction of bureaucracy.

“Responsibility for Germany”: What are the implications of the coalition agreement for real estate law and the real estate industry?

IRE|BS Viewpoint No. 142 by Attorney-at-Law, Dr. jur. Leopold Winkler with an in-depth look at the effects of the coalition agreement for real estate law and the real estate industry.

International executives in the sights of the German tax authorities

In particular, the tax authorities are taking a closer look at managing directors and board members of German corporations who are domiciled abroad and work for a German corporation from there.

Impact vs. EU Green Deal: On the lack of consideration of “investor impact” in the EU Green Deal

The white paper addresses the issue of the lack of alignment of impact frameworks in large parts of the EU Green Deal.

DORA Regulation: Submission deadline of the Information Register ends on April 11, 2025!

Since January 17, 2025, financial companies, and thus also permitted asset management companies and investment institutions, have been subject to the Digital Operational Resilience Act (DORA).

Update of the Interpretation and Application Notes on the Money Laundering Act as of 01.02.2025

In November 2024, BaFin published an updated version of its Interpretation and Application Notes on the Money Laundering Act. With the update, BaFin has made several cosmetic adjustments, but also some content adjustments.

Sustainable logistics halls: The path to environmentally and socially responsible construction

37% of global CO2 emissions are related to energy and operational processes in the construction sector. Solutions for a change of perspective using the example of logistics real estate.

Infrastructure investments: More leeway through new AnlV quota

Until now, infrastructure investments – depending on the structure – had to be offset against other mix ratios, such as the venture capital or real estate quota. The recently introduced 5% infrastructure quota in the German Investment Ordinance (AnlV) creates new investment opportunities for institutional investors.

Digitization in condominiums: The new law on virtual meetings

Change in the law: In the future, owners' meetings may also be held purely online if this is decided in the condominium owners' association with three quarters of the votes cast.

Investing in Green Hydrogen: Market Trends & Price Forecasts

How will the production and customer markets develop, and what influence will this have on the future price of "green hydrogen"?

Solar Package I – Use of PV Power Generated Near Buildings

What possibilities for tenant electricity, community building supply and "balcony power plants" do the regulations of the Solar Package I offer?

Tax changes 2024 / 2025 for the real estate industry

What tax changes will the real estate industry face? This article gives you an overview of the planned changes and options for action at the end of the year.

Beware of tax traps

The fact that the customs authorities – the "weapon-carrying troop of the tax administration", so to speak – stood at the door of some companies unannounced in the run-up to Christmas must have caused some red-hot faces.

DORA Regulation: New mandatory requirements for cyber security from 17.01.2025

The deadline for implementing the DORA Regulation (Digital Operational Resilience Act) expires on 17.01.2025. This means numerous new and complex requirements for obligated parties.

The Secondary Market for Special AIFs: A Legal Perspective on New Trading Opportunities

Secondary markets offer an attractive option to restructure investments into special funds without cancelling the fund.

Fund marketing – how to advertise public AIFs in a legally compliant way

What are the regulatory requirements for advertising in the fund sector?

AnlV amendment to 5% infrastructure quota frees up real estate quota

On 11 October 2024, the Federal Government submitted the draft bill for a 2nd Act to Strengthen Company Pensions to the Bundesrat. This contains exciting amendments to the Investment Ordinance (AnlV), which is particularly relevant for pension funds.

Tax sells!? – Efficiently manage tax risks in investments and reduce liability

Good planning is already "half the battle" when it comes to tax risks: Taxes are tricky because, in addition to financial risks due to unplanned liquidity outflows, they very quickly entail reputational risks and criminal risks.