Clifford Chance

Clifford Chance advises URBZ Capital and Ivanhoé Cambridge on the acquisition of an urban infill facility in Amsterdam

International law firm Clifford Chance has advised URBZ Capital and Ivanhoé Cambridge, on the acquisition of an urban infill facility located in Amsterdam, as part of the strategic purchase of four last mile facilities in Amsterdam and Rotterdam.

The asset was bought from BLVG Ontwikkeling and is located in the strategically located Sloterdijk area in Amsterdam. This transaction builds on the long-standing relationship between URBZ Capital and Ivanhoé Cambridge and Clifford Chance.

The Amsterdam logistics facility with a four storey office building has a floor area of approximately 5,500 square meters and is leased out to several tenants in different fields of work, including a school and various warehouse and office activities. The total business-critical portfolio in Amsterdam and Rotterdam combined total approximately 25,000 square meters and has been acquired in two separate transactions on an off-market basis. Read more about the acquisition here.

Clifford Chance advised on the due diligence, acquisition and closing of this transaction. The Clifford Chance team was led by Liesbeth Buiter and consisted of Joris Dortmans, Mies Rijperman, Julia van Heusden, Tjerk de Jonge, Esmee Oldenkamp, Pieter Leefers, Jordy de Meij, Stern Flik and Alec Sanderson.