Amsterdam - May 23, 2017- The Amsterdam office of global law firm Greenberg Traurig, LLP served as legal counsel to funds managed by Amundi Real Estate in the largest single-asset real estate transaction in the Netherlands to date. Shareholders Jan Kees Brandse, Peter Jansema and Alex Westerman lead the Greenberg Traurig team that assisted Amundi Real Estate in this landmark acquisition of the property The New Atrium office building from Icon Real Estate. Amundi Real Estate was advised by investment manager, L’Etoile Properties. L’Etoile will also handle the management of The New Atrium upon completion of the sale. The New Atrium is a well-known office complex that includes c. 60,000 sqm of office space in Amsterdam’s prime South Axis business district.
“We are honored to have assisted Amundi Real Estate funds with this transaction, which speaks to our broad capabilities for institutional real estate investors in the Netherlands and beyond,” Brandse said. “The broad skills of our team and the size and breadth of Greenberg Traurig’s international real estate team allows us to work with clients on large and complex projects, such as The New Atrium acquisition.”
“A transaction of this magnitude requires internal and external client and advisory team collaboration as well as a deep knowledge of the real estate aspects involved, including structuring and tax matters. We are very fortunate to have an interdisciplinary team in Amsterdam that can address both of these critical items in real time,” Jansema added.
Eric Rosedale, Head of International Real Estate Practice Development at Greenberg Traurig, noted that “the Greenberg Traurig real estate team outside of the U.S. now stands at more than 150 attorneys spanning eight offices. Our growth and synergies allow us to reach more clients more effectively across Europe, Latin America, Asia and the Middle East.” In addition, Rosedale noted that recent large lateral team expansions in London, Berlin and Central Europe have significantly augmented the firm’s International Real Estate team’s capabilities which have been matched by the organic growth of the Amsterdam real estate team, which now stands at more than 20 real estate specialists.
Brandse is a lawyer and business advisor with 25 plus years of experience in the corporate real estate industry, with a particular focus on private equity transactions, reorganizations, joint ventures and take-overs. His clients are real estate funds and investment managers (commercial and residential), companies active in telecom retail, real estate and hospitality.
Jansema focuses his practice on real estate developments, leases, acquisitions and finance in the Netherlands and in several other countries throughout Europe. He advises clients in the negotiation of asset and property development and management agreements as well as in commercial lease, construction, engineering, design and service procurement agreements in relation to refurbishment, development and project finance transactions. He is a member of the Dutch Association for Construction Law attorneys ("Vereniging Bouwrecht Advocaten").
About Greenberg Traurig's Real Estate Practice
The Greenberg Traurig Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive legal solutions for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of more than 300 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.
About Greenberg Traurig, LLP
Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East and is celebrating its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the largest firm in the U.S. by Law360 in 2017, and among the Top 20 on the 2016 Am Law Global 100. Web: www.gtlaw.com Twitter: @GT_Law.