Clifford Chance

Clifford Chance advises the underwriters on Nextensa's €34 million selldown in Wereldhave

Global law firm Clifford Chance has advised its longstanding clients ABN AMRO Bank N.V. in cooperation with ODDO BHF SCA and BNP Paribas Fortis SA/NV as Joint Global Coordinators and Joint Bookrunners on Nextensa NV/SA's €34 million selldown in Wereldhave N.V. through an accelerated bookbuild offering of 2,206,838 ordinary shares, representing 5% of the capital of Wereldhave. Settlement of the shares and their admission to listing and trading on Euronext Amsterdam took place on 18 February 2025.

Nextensa received these shares through the contribution in kind of an asset, which took place on Thursday, February 13, in the context of the sale of the Knauf Shopping Centers in Pommerloch and Schmiede, Grand Duchy of Luxembourg.

Wereldhave is a leading retail-focused real estate investment company that owns, develops and manages retail properties in the Netherlands and Belgium. The company is listed on Euronext Amsterdam. Read more about the transaction.

The cross-border Clifford Chance team was led out of Amsterdam by Han Teerink and further consisted of Stijn Theunissen as well as Olivier Plessis advising on US securities laws aspects out of the Paris office.