Real Estate

Fund managers – LM is at your side

International real estate funds are becoming increasingly active in the German real estate market. Regardless of whether they invest directly or through domestic/foreign property companies, if the land is situated in Germany, funds must comply with our legal and tax obligations. A professional and efficient consultation throughout the entire investment cycle – from acquisition to sale of the property or liquidation – is essential. This is important in the prevention of a decrease in the value of the real estate due to avoidable costs and tax charges.

How you benefit

An efficient fund administration allows the managers of real estate funds to focus fully on their investment. Reliable accounting and reporting skills, independent management and the ability to properly handle tax regulations are in capable hands with LM. We coordinate the responsibilities between portfolio/asset managers and property managers with the accounting of the investment company, and we allow the fund management to maximize investment performance through optimal designations between Germany – as the place where property is located – and the actual location of the property company.

Publication

Financial Year Book 2018

Real Estate Tax Compliance
Current Focal Points from Recent Tax Audits

written from Thomas Jäger

(PDF/176KB)

Through our many years of experience, LM is familiar with all common fund structures in German legal form, such as GmbH, GmbH & Co. KG, REIT, as well as the investment vehicles in Guernsey, Malta, and Luxembourg. We are experienced in all types of real estate transactions, whether it be a share deal or asset deal. We are also well-versed in all real estate classes, including office/retail properties, shopping centres, parks, hotels, logistic properties, and residential buildings.

Additionally, we are familiar with the accounting and tax issues in daily operations. This enables our service in ​​fund administration to be professional and proactive. Furthermore, we can advise you on special tax issues throughout the process of buying and selling real estate. When dealing in ​​fund structuring, we can gladly collaborate with your own advisor or make contact with other reputable and experienced advisors. We think long-term and we strive to be a reliable, competent, and client-oriented partner that is always on the side of our clients.

Our tax compliance clients range from private family offices to domestic and foreign investment companies to real estate divisions of large banks and insurance companies.

  • Ongoing accounting and reporting in accordance with HGB, IFRS, and Lux-GAAP
  • Fund administration and ongoing payments
  • Preparation of financial statements and supervision of auditors
  • Ongoing tax declarations for corporate income tax and VAT
  • Tax returns for real estate transfer tax, property tax, valuation procedures, etc.
  • Tax advice in the purchase and sale of real estate (including § 15a UStG documentation)
  • Audit support
  • Representation to tax authorities and in tax courts
  • Domiciliation
  • Special services for Luxembourg companies (advance VAT declarations, preparation of annual financial statements, and sales tax/corporate income tax returns)

Michael Leinauer | to profile | direct contact

Thomas Jäger | to profile | direct contact

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