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Our expertise

When it comes to project delivery RITTERSHAUS likes to offer advice that reflects the firm’s comprehensive and anticipatory approach at the start of a property’s life cycle. Early on, during the initial phase, we look at all issues involving civil, public, and fiscal law. We undertake a comprehensive analysis of the development project from the start, and together with our clients we try to achieve innovative and customised solutions. In most cases, our consultation starts with the idea and choice of location for the real estate project and includes planning, financing, the procurement of building rights and the building phase as well as the utilisation or management of the project.

 

We design and set up the necessary companies, optimise the fiscal structure, advise clients on project financing as well as land acquisition and the subsequent sale. We offer comprehensive advice on the drawing up of zoning plans and urban planning agreements including all ancillary fields, in particular aspects of immission and species protection as well as soil protection law or negotiate and develop schemes to meet the housing needs of the local population (Einheimischenmodell). We also provide advice on projects that are subject to special laws such as wind parks or infrastructure projects in accordance with specialist planning laws.

 

Apart from project developers, builders, financing bodies and investors, it is also towns, cities and local councils that benefit from our expertise in the industry. We involve all parties concerned when it comes to drawing up the necessary agreements. With our interdisciplinary team of experts, we always offer all consultancy services by way of a “one-stop shop”, even for the most complex of projects, and use a fair and solution-orientated approach to ensure that every project is handled as efficiently as possible.

 

Our practice areas
  • Establishing development goals and strategies
  • Legal and fiscal structuring of the entire project
  • Procuring building rights (zoning and land-use plans) including urban planning agreements
  • Due diligence
  • Acquiring plots for the project
  • Entering into project agreements with stakeholders including joint ventures and other profit-sharing schemes
  • Drawing up complex agreements in line with the German Condominium Act (Wohneigentumsgesetz/WEG)
  • Site development (in particular access roads, supply lines, energy supply, contracting) in accordance with German civil law regulations while safeguarding the interests of stakeholders
  • German property developer law
  • Shaping and securing social housing
  • Drawing up agreements pooling rental income for landlords (Mietpoolverträge)
  • Tenancy contracts involving the off-plan lease of real estate (Reißbrettmietverträge)
  • Financing
  • Seamless transition to project realisation and marketing

What makes project delivery so exciting and challenging?

 

Setting out the roadmap involving many important decisions at the start of a real estate project. Even if we can never foresee and plan for everything, it is essential for any successful project delivery that we ask the right questions at the start of a property’s life cycle.

 

Have building rights been secured? Does the “right” company purchase the plot? What aspects must still be agreed with the local council? Will the rights of neighbours impair the main aspects of the development? What happens in terms of real estate transfer tax if there is a change of project partner? Does the joint venture agreement pay sufficient attention to the financing aspects as well as any unforeseen developments? What about contaminated soil and immission protection?

 

Together with our entire real estate team we are happy to assist our clients when it comes to answering these and many other questions to ensure that we follow the right roadmap.