Investment Casus 2019-05-06T17:06:40+00:00

INVESTMENT CASUS

ACQUISITION SKY PORTFOLIO

In 2019 Orange Capital Partners acquired the Sky Portfolio. Sky consisted of 250 residential units located in Zoetermeer, Utrecht, Arnhem and Lelystad. The seller of the portfolio was a Dutch institutional investor. The attraction for Orange Capital Partners is that the portfolio offers housing in the range of €700 – €1,000 monthly rent, which is in high demand from middle income tenants. In addition, the portfolio contains of 28 care units that are rented to a large care operator Stichting Triade.

PICASSOPASSAGE REDEVELOPMENT

In 2016 Orange Capital Partners acquired the Picassopassage, a 7,000m2 neighbourhood shopping center in Capelle aan den IJssel. The retail center was developed in 1974 and needed a redevelopment to modern standards. In coordination with all stakeholders – the retailers, the municipality and the residents – Orange Capital Partners planned for the redevelopment of the center which will include new facades, a renovated car park, a new routing including a new entrance to the center. In addition, 400m2 of retail space is added for the extension of the supermarket. The redevelopment will be completed in 2019.

SUSTAINABLE INVESTMENTS

Orange Capital Partners is always looking for ways to improve the sustainability of its assets. In 2018 Orange Capital Partners invested in more than 330 solar panels on the roof of one of its residential buildings at the August Allebéplein in Amsterdam West. The solar panels do not only generate electricity the building, but an innovative system also transforms the excess energy into the surrounding areas providing sustainable energy for all residents in- and around the building. The solar panels will generate over 90,000 kilowatt-hours (kWh) per annum. In addition, Orange Capital Partners appointed EP&T Global as its preferred supplier to reduce energy- and waste consumption for its portfolio. As a result Orange Capital Partners has made substantial savings on its energy consumption and it will continue to find innovative ways to reduce this even further.

BELGRAVE ACQUISITION

Orange Capital Partners made its international debut with the acquisition of the Belgrave portfolio in 2018. After an in-depth analysis of multiple European capital cities Dublin was selected because of its favorable investment outlook. Dublin is supported by a strong economy, rising employment and strong appeal from both financial- and technology companies. According to proprietary Orange Capital Partners research we expect the residential market to be undersupplied until at least 2023. Belgrave is a converted portfolio of Georgian townhouses in prime locations in Dublin. The apartments cater well for the growing demand of young professionals that look for affordable housing in the center of the city.