Transaction

ERES disposes approximately 1,900 residential units

April 3, 2025

By Noortje Franssen

apartment complexes

Media Contact

Merel Roel

Communication Specialist

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European Residential REIT (“ERES”) has entered into an agreement to sell a residential property portfolio of 1,446 dwellings to an affiliate of Fortress Investment Group. The portfolio fully consists of apartment complexes and is well diversified across the Netherlands. The majority of the portfolio is located in Randstad cities such as Utrecht, Amsterdam, Gouda, Rijswijk, Almere and Alphen a/d Rijn. In multiple separate transactions ERES has completed sales of another 415 units in 2025 to other purchasers.

Mark Kenney – Chief Executive Officer of ERES. 
We are pleased to continue to strategically and systematically dispose of our properties at strong pricing, and surface significant additional liquidity that we’re planning to distribute to unitholders directly through another special cash distribution. After completion, our remaining portfolio will be comprised of an attractive collection of ten multi-residential properties, the majority of which are located in the high-growth Randstad region in the Netherlands, along with two commercial properties.

Laurens de Blij – Director Capital Markets CBRE
This landmark transaction shows the availability for large scale liquidity for Dutch residential and the quality of the ERES portfolio.

CBRE has acted as financial and real estate advisor on all transactions on behalf of ERES while Loyens & Loeff acted as legal advisor to ERES in the large disposition. Rubens Capital Partners is involved as asset manager of the portfolio.

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 (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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