News & Analysis as of

Germany Investors Investment Funds

Hogan Lovells

Investments in German soccer clubs – attractive for investors and clubs despite the 50+1 rule

Hogan Lovells on

Investments in clubs in German soccer are attractive for investors and clubs even under the 50+1 rule; the investor and the soccer club should be a suitable match; there are a number of legal structuring options for...more

Goodwin

Germany Creates Improved Framework Conditions for Investments in Infrastructure Funds

Goodwin on

Conditions for direct or indirect investment in infrastructure have significantly improved for German regulated investors covered by the Investment Ordinance (Anlageverordnung) in regard to the investment of their secured...more

McDermott Will & Schulte

Exit tax for investement shares

Anyone who moves out of Germany and has investment shares or transfers them outside of Germany will have to pay taxes – even if the shares are not sold. Private investors in investment funds will have to pay taxes in the...more

Hogan Lovells

Investmentfonds im Fokus: Neue Wegzugsbesteuerung – eine Falle für Investoren?

Hogan Lovells on

Mit der Erweiterung der Wegzugsbesteuerung auf (Spezial-)Investmentanteile für Wegzüge nach dem 31. Dezember 2024 könnte künftig eine Vielzahl von Steuerpflichtigen bei einem Wegzug aus Deutschland der Besteuerung bisher...more

Hogan Lovells

Investment Funds in Focus: New German Exit Tax – A Trap for Investors?

Hogan Lovells on

With the extension of the exit tax to (special) investment fund shares for relocations after December 31, 2024, a large number of taxpayers may soon face taxation on previously unrealized hidden reserves when moving out of...more

McDermott Will & Schulte

Vertrieb von geschlossenen Fonds – Zur Notwendigkeit von Widerrufsbelehrungen nach dem BGB

Beim Vertrieb von Investmentfonds und der Ausgestaltung der Fondsdokumentation sind Hinweise auf Widerrufsrechte zu beachten. Dies gilt nicht nur bei Publikumsfonds, sondern auch bei Spezialfonds, falls diese an „Verbraucher“...more

Goodwin

New Pre-Marketing Obligations in Germany for AIFs Set to Take Effect in August

Goodwin on

On 28 May 2021, the German Legislator adopted new and stricter regulations on Alternative Investment Funds pre-marketing. These regulations will go into effect in August as an implementation of the Directive (EU) 2019/1160 on...more

McDermott Will & Schulte

International News: Healthcare - Spotlight on the Industry - May 2021

Sovereign Wealth Fund Investment in the Global Healthcare Industry - Sovereign Wealth Funds (SWF) seek out investments that are resilient, conducive to their aims and objectives, and reasonably free from market...more

McDermott Will & Schulte

[Webinar] The Fund Location Act: New Fund Products, Flexibility For Real Estate Funds And Hurdles In (Pre-) Sales - March 2nd,...

We are continuing our successful series of webinars and this time we are devoting ourselves to the planned Fund Location Act (FoStoG): Fortunately, the draft law implements some of the requirements of the fund industry that...more

McDermott Will & Schulte

[Webinar] McDermott Grundlagen-Webinar Immobilienfonds - Grundlagen Der Luxemburger Lage Und Fondssteuer - June 17th, 10:00 am -...

Die Hauptmerkmale der Immobilienfonds in Luxemburg und ein Vergleich mit Deutschland werden erläutert. Die Grundlagen der Besteuerung deutscher Immobilienfonds werden ebenfalls erörtert....more

McDermott Will & Schulte

[Webinar] McDermott Fundamentals Webinar Real Estate Fund - Basics Of The Luxembourg Location And Fund Taxation - June 17th, 10:00...

The main features of the real estate funds in Luxembourg and a comparison with Germany are explained. The basics of taxing German real estate funds are also discussed....more

McDermott Will & Schulte

[Webinar] McDermott Grundlagen-Webinar Immobilienfonds - Rollen Der Akteure Im (Immobilien-)Fondsgeschäft - June 10th, 10:00 am -...

Erläutert werden die Rollen und Funktionen von KVG, Verwahrstelle, BaFin, Bewertern, Anlageausschüssen u. a. Beteiligten am Fondsgeschäft. Zudem werden die Möglichkeiten der Auslagerung besprochen....more

McDermott Will & Schulte

[Webinar] McDermott Fundamentals Webinar Real Estate Fund - Roles Of The Actors In The (Real Estate) Fund Business - June 10th,...

The roles and functions of the KVG, depositary, BaFin, valuers, investment committees and others involved in fund business are explained. The options for outsourcing are also discussed....more

McDermott Will & Schulte

[Webinar] McDermott Grundlagen-Webinar Immobilienfonds - Grundprinzipien Und Typen Von Immobilienfonds In Deutschland - June 3rd,...

Erläutert werden Grundprinzipien von Investmentfonds sowie ein Überblick über die deutschen Immobilienfonds. Besonderheiten, Vor- und Nachteile von offenen und geschlossenen Fonds, Publikums- und Spezialfonds sowie...more

McDermott Will & Schulte

[Webinar] McDermott Fundamentals Webinar Real Estate Fund - Basic Principles And Types Of Real Estate Funds In Germany - June 3rd,...

Basic principles of investment funds and an overview of German real estate funds are explained. Special features, advantages and disadvantages of open and closed funds, mutual and special funds as well as special funds and...more

Jones Day

Berlin Government Proposes Rent Cap for Residential Space

Jones Day on

Implementation of the rent cap could have a significant negative impact on returns for investors in Berlin residential investments—will it be challenged? Over the past decade, Berlin has experienced a significant rent...more

Latham & Watkins LLP

What Investors Should Know About the Berlin Rent Cap

Latham & Watkins LLP on

The Berlin government’s envisaged five-year rent cap on residential properties has caused significant uncertainty among investors in housing portfolios. On 18 June 2019, the Berlin Senate published a position paper...more

K&L Gates LLP

New German Fund Taxation Rules

K&L Gates LLP on

After many years of discussions and various proposals that were later dismissed, the German legislature last month finally passed a law that substantially amends the principles of fund taxation in Germany. This Investment Tax...more

King & Spalding

Not Quite Left Out to Dry: Remedies Under International Investment Treaties Available to Renewable Energy Investors Harmed by...

King & Spalding on

In recent years, project developers, investment funds, and energy companies have invested heavily in renewable energy as a result of incentive programs offered in the legislation of countries such as Germany, Spain, and...more

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