Transaction

ERES sells residential portfolio of approx. 500 units to Rubens Capital Partners

July 15, 2024

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Irene Martini

Director

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European Residential REIT (“ERES”) has sold a residential property portfolio of 464 dwellings to Rubens Capital Partners (“RCP”). The ‘Swift’ portfolio is well diversified across the Netherlands in 18 cities such as Breda, Apeldoorn, Den Bosch, Leiderdorp, Oegstgeest and Eindhoven. The majority of dwellings (approx. 85%) are single family homes.

This portfolio is the first acquisition of RCP’s latest residential fund. The fund strategy is focused on long term exploitation, ESG improvements and privatization.

Laurens de Blij – Director Capital Markets CBRE: “This transaction shows there are significant liquidity opportunities in current market conditions that maximize value for the unitholders of ERES.

CBRE acted as commercial and real estate advisor on this transaction on behalf of ERES while Loyens & Loeff acted as legal advisor. Core Notariaat was legal advisor for RCP. ING Real Estate Finance Business Banking has provided the financing for this transaction.

About CBRE Group, Inc
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.

 

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