Arno specialises in the financing of commercial real estate (both purchase and development), the purchase and sale of commercial real estate (both single asset and portfolios) and the property law restructuring of commercial real estate. Arno has advised clients on an array of transactions, including the sale and transfer of the ‘Haagse Hoge Huis’ and 'Zuiderhof II' office buildings in Amsterdam. He also played a role in the purchase financing of Amsterdam's ‘Oranjekwartier’ neighbourhood.
QUALIFICATIONS & EXPERIENCE
- LL.M. Notarial Law (cum laude) (Utrecht University)
- LL.B. Law (Utrecht University)
Houthoff advised H2 Equity Partners on the sale of Reparenco, a Dutch paper and recycling business, to Smurfit Kappa Group plc for a cash consideration of approximately €460 million. Smurfit Kappa Group plc is one of the world's largest integrated manufacturers of paper-based packaging products with operations in Europe and the Americas.
Houthoff, jointly with Linklaters LLP, advised the Public Investment Fund (PIF), which, together with Credit Agricole Assurances, Colonoy Northstar, Amundi and others, is acquiring a majority stake in AccorInvest. AccorHotels is selling a 55% stake in AccorInvest for an amount of EUR 4.4 billion. Houthoff advised the Public Investment Fund (PIF) on the Dutch part of the acquisition.
Houthoff recently advised on the acquisition of the shares in the IEF portfolio by a consortium led by CBRE Global Investors (three institutional investors from the Netherlands, plus CBRE Dutch Retail Fund). IEF is a joint venture formed by Bouwfonds Investment Management and IEF Capital. The portfolio consists of 31 Dutch retail properties (mostly flagship stores), including the well-known Dutch retail chains HEMA and de Bijenkorf. The deal was valued at more than one billion euros. As well as overseeing the share purchase, Houthoff was also hired to advise on the financial arrangements by the banks financing the deal: ING, ABN AMRO and BerlinHyp. In all, Houthoff had a team of more than 50 staff working on the deal.
Houthoff advised GLL Real Estate Partners GmbH on the sale and transfer of the 'Zuiderhof II' office building, located near the Amsterdam South Axis.