Abstract
Investments in real estate in Germany can be basically differentiated between direct and indirect investments. While the former will usually be structured as a straightforward single-object or portfolio transaction, the latter may take a variety of legal forms. Most important, German law offers stock corporations, G-REITs and real estate investment funds as potentially different legal forms for investments, which are analyzed in some detail below.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Bibliography
Assmann H-D, Schütze R (2015) Investment manual, Chaps. 16 and 27, 4th edn. C.H. Beck, Munich
Burgard U, Heimann C (2014) The new German Capital Investment Act. WM 2014, 821
Habersack M, Mülbert P, Schlitt M (2013) Capital markets manual, Chap. 8, 2nd edn. C.H. Beck, Munich
Hoffmann-Becking M (ed) (2015) Munich manual of corporate law, vol 4, 4th edn. Stock corporations, Munich
Just C, Krämer J (2006) Chapter IX: Real Estate Investment Trusts (REITs). In: Real estate transactions. Erich Schmidt Verlag, Berlin
Krämer J (2016) Tax framework for investing by asset classes. In: Just T, Maennig W (eds) Understanding German real estate markets, 2nd edn. Springer, Heidelberg, pp 191–200
Lüdicke J, Arndt H (2013) Closed-end funds, 6th edn. C.H. Beck, Munich
Niewerth J, Rybarz J (2013) Changes in the framework conditions for real estate investment funds—the AIFM-Directive implementation act, WM 2013, 1154
Schäfer J, Conzen G (2011) Practise manual of real estate investment, 2nd edn. C.H. Beck, Munich
Schick M (2016) Regulations and laws on real estate agents, notaries, cadastres and rent increases. In: Just T, Maennig W (eds) Understanding German real estate markets, 2nd edn. Springer, Heidelberg, pp 105–118
Trübestein M (2012) Investment law manual, Part IV, 1st edn. Gabler Verlag, Wiesbaden
Weitnauer W, Boxberger L, Anders D (2014) Commentary on the German Capital Investment Act (KAGB), 1st edn. C.H. Beck, Munich
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2017 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Just, C. (2017). Legal Framework for Real Estate Asset Classes. In: Just, T., Maennig, W. (eds) Understanding German Real Estate Markets. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-32031-1_9
Download citation
DOI: https://doi.org/10.1007/978-3-319-32031-1_9
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-32030-4
Online ISBN: 978-3-319-32031-1
eBook Packages: Business and ManagementBusiness and Management (R0)