Real Estate

Real Estate

The real estate sector is benefiting from economic growth, due to an upward trend in domestic demand and growing global trade. The number of transactions is increasing, ranging from the transformation of existing real estate to more new build developments. Building-related sustainability requirements, changes in designation, dwindling retailer numbers, and vacant offices all necessitate smart solutions. Houthoff’s experienced Real Estate Team comprises over 50 real estate specialists who look beyond the problem. They have the extensive knowledge and experience required to anticipate the changing demand in the sector. Our civil-law notaries play a pivotal role in this. Our Real Estate Team is involved in the largest and most high-profile Dutch and European real estate transactions. Houthoff assists investors, project developers, financial institutions, construction companies, housing corporations and end users with complex real estate transactions and disputes.
  • First Tier firm
    Legal 500, Real Estate (2022 Edition)
  • “Great real estate practice in The Netherlands, with exceptional experience in real estate development transactions.”
    Legal 500, Real Estate (2022 Edition)
  • “A fast and pragmatic approach is essential for us and they are well aware of that necessity.”
    Legal 500, Real Estate (2022 Edition)
  • “We choose Houthoff because they have the capacity to deliver all specific competencies for very complex deals.”
    Legal 500, Real Estate (2022 Edition)
  • “Houthoff’s real estate practice is dedicated, diligent but also practical.”
    Legal 500, Real Estate (2022 Edition)
  • First Tier firm
    Chambers Europe, Real Estate (2022 Edition)
  • “The quality the team provides is high, which is of great importance in the complex transactions where stakes, risks and responsibilities are high.”
    Chambers Europe, Real Estate (2022 Edition)
  • “A client appreciates that the firm's lawyers ‘always deliver in time and their advice is always complete, with the right depth on the details’.”
    Chambers Europe, Real Estate (2022 Edition)
  • “A client enthuses that Houthoff ‘exceeded our expectations,’ and adds that the firm is ‘absolutely the best in the Dutch construction market’.”
    Chambers Europe, Real Estate (2022 Edition)
  • First Tier firm
    Chambers Europe, Real Estate (2021 Edition)
  • “One client enthuses that ‘all of the team members clearly put their clients first,’ and goes on to highlight the team’s ‘pragmatic approach’ and ‘good commercial mindset.’”
    Chambers Europe, Real Estate (2021 Edition)
  • “A client praises the breadth of the firm’s practice, praising the team’s ‘excellent litigation strategy and seamless implementation thereof,’ adding that the ‘contract drafting is top notch.’”
    Chambers Europe, Real Estate (2021 Edition)
  • “The team acts precisely and deliberately, and is completely aware of the scope of work required from them and delivers the required quality in time.’”
    Chambers Europe, Real Estate (2021 Edition)
  • First Tier firm
    Legal 500, Real Estate (2021 Edition)
  • First Tier firm
    Chambers Europe, Real Estate (2020 Edition)
  • “The team stands out for its no-nonsense mentality combined with the required eye for detail where it counts, which is a rare combination for law firms.’”
    Chambers Europe, Real Estate (2020 Edition)
  • “A source finds the team ‘determined, flexible and accurate.’”
    Chambers Europe, Real Estate (2020 Edition)
  • First Tier firm
    Legal 500, Real Estate (2020 Edition)
  • ‘Large team, so always available, even on last-minute large assignments. Able to support in all legal aspects (acquisitions, notary, banking, zoning, etc), all coordinated by the same partners, which is very convenient and efficient for clients.‘
    Legal 500, Real Estate (2020 Edition)
  • ‘The team is both very knowledgeable and practical. They are well informed and pleasant to work with. We have built a trusting relationship with the team.‘
    Legal 500, Real Estate (2020 Edition)

Our expertise on real estate

Efficient legal support is a prerequisite for the sale, purchase, development and redevelopment of large real estate projects. Parties engage our Real Estate Team for advice on complex real estate structures, which our civil-law notaries and lawyers provide practical and innovative solutions for. Complex real estate financing requires legal and tax expertise and a comprehensive knowledge of the national and international real estate market. Our real estate specialists advise financial institutions, real estate funds and investors on refinancing, restructuring, complex real estate auctions and distressed loan portfolios. With the rise of smart cities, we also advise and assist national and international parties investing in sustainable capital, technological communication and smart infrastructure to realise these urban developments.

We combine our extensive sector knowledge with our knowledge of areas such as purchase and sales transactions, tenancy law, leasing, procurement, environmental law, project development, administrative law and real estate financing. Our dedicated Real Estate Team helps players in the national and international real estate sector succeed.
  • Advised a.s.r. on the acquisition of Sweco Capital Consultants.
  • Advised HqO, together with Goodwin Procter LLP, on the acquisition of Office App. Office App is a leading European tenant and employee engagement platform.
  • Advising Hoorne Vastgoed BV and Hoorne Vastgoed Ontwikkeling BV, a seller and a developer, respectively, on the sale of two distribution centres in Alkmaar.
  • Advised ASR Dutch Core Residential Custodian B.V. and ASR Dutch Mobility Office Custodian B.V. on the acquisition of the Tree House tower in Rotterdam from Provast valued at approximately EUR 200 million.
  • Advised Hansainvest Hanseatische Investment GmbH on the sale of 'The Monarch Tower' to Credit Suisse Asset Management Global Real Estate. The tower is situated on a prime location in the Beatrixkwartier in The Hague, the city's central business district.
  • Assisted Credit Suisse Asset Management Global Real Estate in the acquisition of a newly developed distribution centre for Jumbo in Bleiswijk. The seller, Somerset, retains a 10% interest in the business.
  • Assisted the Salvation Army in setting up the investment fund 'Stichting Leger des Heils WoonVermogen' for construction projects that make a social impact. The 'Stichting Leger des Heils WoonVermogen' is funded by private investors and aims to build 250 residences for vulnerable people in the coming years.
  • Advised together with Renzenbrink & Partner, the svt Group, a leading supplier of passive fire protection products and systems with the acquisition of Flamepro. The svt Group is an Ergon Capital portfolio company.
  • Houthoff advised Real I.S. on the acquisition and financing of five newly constructed distribution centres with a total area of 115,000 m² in Europoort Rotterdam from DHG for €142 million.
  • Houthoff advised Commerz Real on the sale of its office portfolio consisting of six office buildings to Tristan Capital Partners for approx. €370 million. Tristan Capital Partners has acquired the portfolio on behalf of its core-plus fund CCP 5 LL.
  • Advised a.s.r. real estate on the acquisition – on behalf of ASR Dutch Prime Retail Fund – of a retail portfolio from Phoenix Joint Venture C.V. with a total value of  approximately € 100 million.
  • Advised DELA Vastgoed B.V. on the sale of eight shopping centres to Harbert Management Cooperation (acting on behalf of Harbert European Real Estate Fund V, LP) and Sectie5 Investments for more than EUR 180 million. The transaction concerned the shopping centres 't Loo in Heiloo, Kastelenplein in Eindhoven, Heksenwiel in Breda, Op de Kamp in Landgraaf, Groeneweg in Utrecht, Maaspoort in Den Bosch, Reigerhof in Nieuwerkerk aan den IJssel and Hasselo in Hengelo.
  • Advised DELA Vastgoed B.V. on the sale of the shopping centres 'Kerkelanden' in Hilversum and 'Westerkoog' in Koog aan de Zaan to Syntrus Real Estate & Finance B.V., the latter acting on behalf of the funds Stichting Rabobank Pensioenfonds and Achmea Dutch Retail Property Fund. The transaction was valued at approximately EUR 65 million.
  • Houthoff advised TH Real Estate on the acquisition and financing of a modern logistics complex in Rotterdam (Maasvlakte II). This is the second acquisition for TH Real Estate's European Logistics Fund. The vendor is selling the property in a sale and long-term leaseback transaction. The property comprises two buildings, dating from 2008 and 2016. It has a total lettable area of 39,500 square metres, most of which is laid out for the storage of hazardous goods.
  • Houthoff assisted Heimstaden AB with the indirect acquisition and financing of 9,544 residential units in the Netherlands at a purchase price of EUR 1.4 billion. Through this acquisition, Heimstaden has become the third largest private residential property owner in the Netherlands. This is the largest real estate transaction ever in the Netherlands in terms of the number of housing units.

  • Advised a.s.r. real estate on the acquisition – on behalf of ASR Dutch Prime Retail Fund – of the monumental property Spui 10 in The Hague.

  • Houthoff advised Gramercy Europe Limited on the acquisition of a distribution centre in Helmond. The property comprises approximately 26,874.9 m2 distribution and office space and parking places.

  • 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.

  • Together with the VMRG, the branch organization for facades, Houthoff has developed the very first lease-based agreement whereby the facade of a building remains the property of the facade builders after delivery by way of a right of ground lease. A right of ground lease has not been used in such a way before. This means a breakthrough in the circular facade economy.

  • Houthoff, jointly with Kirkland Ellis LLP, assisted Global Logistic Properties in the acquisition of the European logistics business IDI Gazeley. Global Logistic Properties, a Singapore-listed investor, acquired IDI Gazeley from Brookfield Asset Management, the world's second-largest real estate fund manager. The transaction value amounts to approx USD 2,8 billion.
Jan Kees Kuiken

Key Contact

Rotterdam
Notaris | Partner
+31 10 217 25 48
+31 6 5182 9976

Key Contact

Amsterdam
Notaris | Partner
+31 20 605 61 20
+31 6 2293 4252

Key Contact

Rotterdam
Notaris | Partner
+31 10 217 29 46
+31 6 1424 7421
Dolf de Jong

Key Contact

Amsterdam
Notaris | Partner
+31 20 605 65 06
+31 6 4397 4962