BlackRock Eurozone Core Property Fund’s Acquisition of The Huidekoper Office Building From Bridges Real Estate

Clifford Chance has advised the BlackRock Eurozone Core Property Fund on the acquisition of the Huidekoper office building in Amsterdam, The Netherlands.

The property is the BlackRock Eurozone Core Property Fund’s first real estate acquisition in The Netherlands and has been acquired from Bridges Real Estate. It has been completely redeveloped, offering a lettable floor area of ca. 5,700 m2 with two layers of parking spaces, a social area on the ground floor and five floors of office space. The top floor provides access to a raised patio with a view on the center of Amsterdam and the surrounding area. The property has been fully leased out to media company DAZN (part of the Perform Group) and software firm JetBrains.

BlackRock Real Estate invests in strategies across the risk/return spectrum in both the public and private markets worldwide with over USD 21+ billion in assets under management.

The Clifford Chance team was led by Liesbeth Buiter (Picture) and the Amsterdam team comprised of Thomas Heijerman, Charlotte Smit and Johanneke Butijn (all Real Estate), Jan-Hendrik Horsmeier and Sam Akkersdijk (Corporate M&A), Stern Flik (Tax) and Arwin Lok and Charlotte Horsten (Notarial). Marco Simonis and Katharina Marx (CC Frankfurt) assisted with German regulatory aspects and Sascha Nolte and Jessica Feltes (CC Luxembourg) assisted with Luxembourg law corporate aspects.

Involved fees earner: Sam Akkersdijk – Clifford Chance; Liesbeth Buiter – Clifford Chance; Johanneke Butijn – Clifford Chance; Jessica Feltes – Clifford Chance; Stern Flik – Clifford Chance; Thomas Heijerman – Clifford Chance; Jan-Hendrik Horsmeier – Clifford Chance; Charlotte Horsten – Clifford Chance; Arwin Lok – Clifford Chance; Katharina Marx – Clifford Chance; Sascha Nolte – Clifford Chance; Marco Simonis – Clifford Chance; Charlotte Smit – Clifford Chance;

Law Firms: Clifford Chance;

Clients: BlackRock Eurozone Core Property Fund;