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.
RIJSWIJK, THE NETHERLANDS
Jaagpad 1
LOCATION
The asset is located in Rijswijk, on the outskirts of The Hague, on the bank of the Rijn-Schie canal – a privileged waterfront location at the heart of the Harbor Quarter, which is on the path of conversion from office and light industrial to mixed-use and residential housing.
The asset neighbors the versatile and modern Plaspoelpolder business park, home to 400 companies, including the new EU Patent Office – an emblematic tower designed by Jean Nouvel, which houses ~2,000 staff over ~85,000sqm.
THE ASSET
The asset is a fully occupied ~4,200-sqm student residence built in 1985 as an office building, consisting of 95 student rooms, common bathrooms and kitchens, two ground-level offices and 39 outdoor parking spaces.
STRATEGY
Property acquired in Q4 2019 with the goal to process the permanent conversion from office to residential use, with a projected designation as student housing, along with architecture plans envisaging a substantial increase in buildability.
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