1 day
Frankfurt
In-Class Teaching
German
from €700
The "Distressed Real Estate" seminar addresses the challenges and opportunities associated with real estate projects in crisis situations. It begins by providing an overview of the parties involved, their interests, and options for action in the event of a crisis. The seminar then covers pre-insolvency restructuring, insolvency law restructuring, and the risks and opportunities for both debtors and creditors. A key focus is the practical implementation of project takeovers, supported by legal insights and case studies. These insights will help you better understand the dynamics between project developers, creditors, buyers, contractors, and tenants. Finally, investment opportunities and international perspectives on crisis situations in Germany will be explored.
Need help with the seminar? Click on the preferred start date to get a detailed overview and don't hesitate to reach out to our study management. We're excited to assist you with any inquiries!
| Telephone | +49 (0) 6723 9950-30 |
The seminar is scheduled for three days, divided into five blocks, with classes running from 9:30 a.m. to 6:30 p.m. on the first two days and from 9:30 a.m. to 5:45 p.m. on the last day. It will be held in Munich. Upon completion of the seminar, all attendees will be awarded a participation certificate. The follow-up ESG update seminars will be conducted online.
Duration: 8:30 a.m. – 9:00 a.m.
Come together & Networking
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Duration: 9 a.m. – 9:30 a.m.
1. Overview: Typical constellations of parties involved, interests and options for action in the event of a crisis
Speaker: Aldo Trentinaglia (ARNECKE SIBETH DABELSTEIN)
Content:
- Welcome
- Overview of the parties involved (project developers, creditors, buyers, contractors, tenants)
- Interests and potential for conflict
- Typical options for action in the event of a crisis
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Duration: 9:30 a.m. – 11 a.m.
2. Pre-insolvency and insolvency restructuring of the debtor – an opportunity for
the debtor, risk for the creditor?
Speaker: Henning Kölsch (Reimer Rechtsanwälte)
Content:
- Pre-insolvency reorganisation measures
- Insolvency law restructuring approaches
- Assessment of risks and opportunities from the perspective of the debtor and the creditor
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Duration: 11 a.m. – 12:30 p.m.
3. Project takeovers by creditors and portfolio buyers in practice
Speaker: Aldo Trentinaglia (ARNECKE SIBETH DABELSTEIN)
Content:
a. Legal background
- Forward funding in the event of the project developer's insolvency
- Contractor in the event of the project developer's insolvency
- Tenant in the event of the project developer's insolvency
- Lender in the event of the project developer's insolvency: realisation vs. project takeover
Duration: 1:30 p.m. – 3:30 p.m.
Speaker: Konstantin Hähndel (ACCUMULATA)
Contents:
b. Case Studies
- Project takeover and dos and don'ts: security and emergency measures
- Contracts for takeovers (building/rental contracts) – how to handle them in practice
- Budget and costs & stakeholder communication
- Communication and press work
- Technical and legal leeway
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Duration: 16:00 – 17:00
4. Investment opportunities in the crisis – investing in a third project in the crisis?
Speaker: Henning Kölsch (Reimer Rechtsanwälte)
Content:
- Buying from a project developer in the crisis vs. buying from the insolvency administrator?
- Forms of investment in a company in crisis via equity or shareholder loans – differences?
- Buying with or without an insolvency plan – differences?
- Avoiding risks of rescission
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Duration: 5 p.m. – 6 p.m.
5. Rescue from abroad: How do investment companies view the crisis in Germany?
Speaker: NN
Content:
- Perspectives and strategies of private equity investors
- Opportunities in the German real estate market
- Comparison of international vs. national restructuring approaches
- Case study
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Duration: 6:00 pm – 6:30 pm
Final discussion and Q&A
Moderation: Aldo Trentinaglia (ARNECKE SIBETH DABELSTEIN) / Michael Zingel (IREBS Immobilienakademie)
Content:
- Summary of the main points
- Answering open questions
- Discussion about the current market situation and challenges
| Seminar fees: | €775 |
| Reduced seminar fees: | €700* |
* For alumni, members of IMMOEBS e. V., or IREBS Core e. V.
All prices are subject to the legally applicable VAT. Discounts cannot be combined.
This seminar is aimed at, among others, lawyers, insolvency administrators, project developers, investors, financiers, asset managers and consultants who have to make well-informed decisions in the challenging real estate and project development markets.
There is no admission requirement. However, seminars are usually limited to a limited number of registrations. You can register for seminars at any time using the registration form.
Upon completion, participants will be awarded a certificate of participation, confirming attendance and attesting to the knowledge and skills you have gained. Our seminars are highly regarded in the real estate industry, earning recognition from industry experts and professionals. Our practical and high-quality training provides you with valuable career opportunities.
