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The Netherlands - Berlin Hyp financing the ‘de Kameleon’ property with € 63 million

29 June 2020

Berlin Hyp is providing ERES REIT with a loan of around 63 million euros for the mixed-use property ‘de Kameleon’.

The mortgaged property is located in Amsterdam Zuid Oost next to metro station Kraaienest. It is a mixed-use property made up of almost 10,000 square meters of retail space spread over 28 units, with Albert Heijn and Aldi as the anchor tenants, and of around 22,000 square meters of residential space over 222 units. A total of 432 indoor parking spaces are
available in the property for retail and residential use. The property was built in 2012 and nominated for the Amsterdam Architecture prize 2012-2013. ERES holds full ownership and
management of the property will be executed by Stedium and CanLiving.

Berlin Hyp is proud to have completed the financing of this excellent property with ERES REIT.

Asset class
commercial mixed-used properties
Client
ERES REIT
Type of financing
Investment Loan
Financing volume
€ 63 million
Function of Berlin Hyp
Sole Lender
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