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CMS assists Delin Capital with purchase of distribution centre Sittard

16/04/2013

The British fund Delin Capital has purchased a distribution centre in Sittard from a combination of vendors led by David Hart Group from Rotterdam. The centre of almost 22.000m2 has as tenants (ao) Kuehne en Nagel and Helly Hansen.

The transaction has a value of 36.6 million euros and took place on 2 April last.

A team consisting of CMS lawyers Hein van der Meer, Annalie Draisma, Tristan Schonis, Jasper Kampherbeek, Annemarie Koppert, Stephanie Versteegen, Bob van Zijl and Etienne Cox advised Delin in the due diligence, drafting and negotiating the purchase agreement, the founding of the SPV, the notarial transfer and tax matters.

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