Ester de Boer

Ester de Boer

Advocaat | Counsel


+31 10 217 25 66
+31 6 5317 3908

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Ester specialises in real estate transactions and tenancy law. She has extensive experience in handling complex tenancy law-related cases (particularly commercial tenancy law) and overseeing real estate transactions and turnkey redevelopments. Ester is a member of the Dutch Lawyer’s Association and the Dutch Association of Tenancy Law Lawyers, and regularly gives courses on tenancy law. She also regularly publishes on tenancy law.


  • Private Law (cum laude) (University of Groningen)
  • Notarial Law (cum laude) (University of Groningen)
  • Houthoff, advised Nationale Nederlanden/Delta Lloyd on the sale of its residential portfolio with a total value of approx..EUR 1,5 billion to Vesteda. The portfolio comprises 6777 houses, whereof 5983 are existing houses and 794 are pipeline projects. 

  • 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.

  • Wereldhave acquires 9 shopping centers in the Netherlands. Houthoff advised Wereldhave, a Dutch listed real estate investment company with commercial property of around EUR 3.3 billion, on the EUR 730 million acquisition of 9 shopping centers in the Netherlands from its French competitor Klépierre. The shopping centres were part of Corio's portfolio and were recently taken over by Klépierre. Wereldhave is financing the deal by issuing up to 5.25 million new shares. In addition, existing credit facilities will be evaluated. The transaction is expected to close before the end of 2015.
  • Houthoff advised G-Star Raw on the sale (by way of a sale-and-leaseback transaction) of its logistics centre, located in the harbour of Amsterdam, to Delin Capital Management. It concerns a large distribution centre of approx. 37.000 square metres.
  • Assisted ASR Dutch Prime Retail Fund in the sale of Shopping Centre De Klanderij in Enschede to a fund of the German investor Union Investment Institutional Property GmbH. The transaction value is approximately €118,000,000.
  • ETV Groep sold the former TNO location in Apeldoorn, for extensive area development, to property developer DW Investments. In the years to come around 275 luxury detached and semi-detached houses will be built in the area. This is an extensive area transformation with around 70,000 m2 of office space being withdrawn from the market.