As of January 1, 2023, the German Supply Chain Due Diligence Act (Lieferkettensorgfaltspflichtgesetz) is in effect. But are most real estate owners, real estate managers, real estate funds or real estate agents affected by it at all? After all, the law only applies to companies that employ at least 3,000 people in Germany. Even considering the threshold will drop to 1,000 employees on January 1, 2024, that would still be above the typical company size in the real estate industry.

In this breakfast seminar we will be discussing:

• Why the Supply Chain Due Diligence Act can also be relevant for companies that employ less than 1,000 people in Germany,
• How it applies in typical constellations in the real estate industry, and
• Where members of the audience might have already had touch points with the Supply Chain Due Diligence Act in practice.

Please reach out to Martina Lemp at mlemp@kslaw.com with any questions.