Sidley represented Cityhold Office Partnership (CHOP), through its asset manager, TH Real Estate, on its joint venture with EDGE Technologies, the office development subsidiary of OVG Real Estate. In connection with the joint venture transaction, Sidley also advised CHOP on the development, acquisition and leasing of the EDGE Olympic office building in Amsterdam (completed April 2018), and of EDGE Grand Central in Berlin (which is due to complete in Q4 2019). EDGE Technologies will retain a minority interest in both assets, and the assets will be managed by TH Real Estate.

EDGE Olympic is located in the modern CBD of Amsterdam and is a highly sustainable and high-tech redevelopment. EDGE Grand Central is located in the Europacity district of Berlin. Both provide Grade-A office and ancillary accommodation over multiple floors, with additional car parking.

Together the assets total €200 million and will deliver 35,000 m² (376,736 ft²) of office space. The strategic partnership plans to grow the portfolio to €1 billion in the next three to five years.

The London-based Sidley team is composed of partner Mark E. Thompson (Private Equity), and associates Lyndsey Laverack and Daire Carr.