Jamestown, LP’s €289 Million Acquisition of Groot Handelsgebouw from HighBrook Investors

Jamestown, LP’s €289 Million Acquisition of HighBrook Income Property Fund

Jones Day represented HighBrook Investors (“Highbrook”), as lead counsel.

HighBrook sold its 100 percent interest in Groothandelsgebouwen (GHG B.V.), the largest multi-tenant property in the Netherlands, to Jamestown, LP, an Atlanta, Georgia based real estate investment and management company, for €289 million. Jones Day previously advised HighBrook in the acquisition of GHG in May 2018 with an innovative capital markets based demerger completed in 42 days (instead of the approximate 14 months normally required to obtain 100 percent control) followed by a delisting (ENX: GROHA) to generate an upside of at least €120 million for HighBrook in a very short time frame.

The Jones Day team was led by Ferdinand Mason and Lodewijk Berger (Picture).

Involved fees earner: Lodewijk Berger – Jones Day; Ferdinand Mason – Jones Day;

Law Firms: Jones Day;

Clients: HighBrook;

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