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CMS advised Savills Investment Management and Arab Bank Switzerland on the acquisition of the AM Huis

18/07/2019

CMS advised Savills Investment Management and Arab Bank Switzerland on the acquisition of AM Huis located in Utrecht. A private equity investor sold the building.Arab Bank Switzerland purchased the building for one of its office funds.

CMS assisted with several legal aspects: legal due diligence, compliance due diligence, negotiated, drafted SPA, transfer deed, notary letter and deed of alteration of ground lease use with regard to the property.

Sustainability
The AM Huis is centrally located in an important business park of Utrecht and offers excellent connections to other parts of the Netherlands. It is the first Dutch office asset holding both a WELL and a BREEAM certification, which represent the highest international standards for sustainable buildings. The asset is fully let to AM Holding, a company in the construction and development sector and part of the BAM Group. The building was designed by Claus en Kaan Architecten and received the 'Betonprijs 2011', an important Dutch real estate prize for the use of concrete.

CMS team
The CMS-team included: Lars Benders, Mariëlle de Blok, Isabelle Balvert, Gieneke van Nierop, Jasper Kampherbeek, Alexander IJkelenstam, Fieke van Berkel en Jan Peter IJspeert.

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