CMS advises Capreon on the acquisition of New Babylon in The Hague

CMS has advised funds managed by private equity firm Capreon on the acquisition of all shares in the capital of PFA Dutch Commercial Real Estate Low B.V., the owner of New Babylon in The Hague, from PFA, Denmark’s largest pension fund, and HANNOVER LEASING, a German-based investment and asset manager. The New Babylon complex, located immediately next to The Hague Central Station and housing more than thirty companies, comprises approximately 49,000 square meters, of which 41,000 square meters are office space in Center Offices and City Offices, and 8,000 square meters are ground-floor commercial space.

The CMS team was led by Roman Tarlavski (Corporate) and comprised of Marcellina Rietvelt, Maarten Feenstra, Kilian Rowel, Tijl Poen, Martijn van der Bie and Anne Fleur Krijthe (Corporate), Arnout Scholten, Arno Moret, Fabian van der Klugt, Fieke van Berkel, Klaas-Jan de Groot, Floortje van der Mark, Amarisa Lachmansingh and Tom Schlatmann (Real Estate), Etienne Courbois, Laurens Boers and Camiel de Zoeten (Banking & Finance), Oskar van de Weijer and Bart Plieger (Insurance), Alexander IJkelenstam and Juliet Diekerhof (Zoning & Permits) and Fanny Hiéronimus and Caroline Sculteur (CMS Luxembourg).