INVESTMENT PORTFOLIO
ERA Capital, in close cooperation with its partners, owns a portfolio of over 3.3 million square feet (300,000 sqm) of commercial and retail properties, primarily shopping centers and malls, throughout the Sun Belt region of the United States. Since its 2008 entry into the Commercial/Retail arena, the company has consistently yielded double-digit returns and has continued its expansion in the sector. Thanks to its successful growth, ERA Capital is also pursuing investment opportunities in the European market.
INVESTMENT PORTFOLIO
ERA Capital, in close cooperation with its partners, owns a portfolio of over 3.3 million square feet (300,000 sqm) of commercial and retail properties, primarily shopping centers and malls, throughout the Sun Belt region of the United States. Since its 2008 entry into the Commercial/Retail arena, the company has consistently yielded double-digit returns and has continued its expansion in the sector. Thanks to its successful growth, ERA Capital is also pursuing investment opportunities in the European market.
INVESTMENT PORTFOLIO
ERA Capital, in close cooperation with its partners, owns a portfolio of over 3.3 million square feet (300,000 sqm) of commercial and retail properties, primarily shopping centers and malls, throughout the Sun Belt region of the United States. Since its 2008 entry into the Commercial/Retail arena, the company has consistently yielded double-digit returns and has continued its expansion in the sector. Thanks to its successful growth, ERA Capital is also pursuing investment opportunities in the European market.
LOCATION
The asset is located on the south bank of the Maas river in the old IJsselmonde neighbourhood. The location is easily accessible by public transport, bikes and car and enables a spectacular view of the river and the city center of Rotterdam.
THE ASSET
The asset is situated on a large land plot of 3.200 sqm and consists of a large villa with a working space attached to it. We plan to demolish the existing buildings and develop a tower featuring 168 apartments, underground parking and ground floor commercial spaces.
STRATEGY
The plot, with a residential house on it, was acquired in Q3 2021. Zoning change and an irrevocable permit to build 178 residential apartments was obtained in Q4 2024. The residential units are sold on a turnkey basis and completion is scheduled mid 2028.
ROTTERDAM Oud-IJsselmonde, THE NETHERLANDS
Waterside 3
SOLID & DIVERSIFIED OPPORTUNITIES
We are a multi-faceted real estate organization, whose extensive resources and broad expertise allow it to seize on opportunities at a moment's notice. Our investment track record is testimony to our industry knowledge and maximized creation of value for our investors