Osborne Clarke's Real Estate team has advised Angelo Gordon, Cairn and NEOO on the acquisition of the Beursgallery in Rotterdam, also known as the former Hudson's Bay building.

The Beursgallery consists of five floors with a total floor area of approximately 30,000 m². The building is located in the heart of the shopping area of Rotterdam's city centre. The property has been purchased by a joint-venture of Angelo Gordon with its local partners, asset and investment manager Cairn Real Estate and developer NEOO. They will redevelop the property into an attractive multifunctional building.

Partner Bas Beenen and Associates Casper Bos and Stephanie Geerdink from Osborne Clarke in the Netherlands advised on the transaction.

Osborne Clarke is a recognised industry leader in real estate providing a comprehensive life-cycle service and advising major real estate industry organisations, ranging from developers and investors to property funds and corporate occupiers.

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