Real estate in crisis: Out-of-court restructuring, operational leverage, and the role of the law.

_{Published on 26.11.2025}

This episode of our vodcast, CMS #Recht.spannend, explores how real estate companies are navigating the ongoing challenging market conditions.

In this episode, Johannes Hysek, partner at CMS and an expert in real estate law, talks to his guests, 
Philipp Schuller (RTgroup, a restructuring expert) and Stefan Paulmayer, partner at CMS and an expert in restructuring and insolvency law, about the real estate market in crisis. Refinancing pressure, construction costs, rental risks – and why operational measures and out-of-court solutions are often more effective than insolvency proceedings at present.