Collas Crill has advised on the Guernsey aspects of the €24 million off-market acquisition of an office building in Houthaven, Amsterdam, by a Luxembourg subsidiary of recently established Guernsey special-purpose vehicle Danzi Holdings.
The deal sees Avignon Capital, Cedrus Invest Bank and a collection of 20-plus private investors coming together to acquire property in an area of Amsterdam undergoing a 10-year regeneration project.
Houthaven, a former port built in 1876 for the shipment of lumber, is being developed into a creative hotspot, providing office space for advertising agencies and clothing brands such as Diesel, Hugo Boss, Barts, Toms, Dedato Architecten and Aegis.
PVH Europe, which owns the brands Tommy Hilfiger and Calvin Klein, is also building a 30,000 square metre campus in the area.
The Collas Crill Guernsey team comprised Group Partner Paul Wilkes, Senior Associate Tristan Ozanne and Associate Michael Lyner.