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Prime Pitch buys Arnhem apartment complex

Prime Pitch Asset Management has completed the purchase of an apartment complex in Arnhem, The Netherlands, consisting of 40 rental units with low to mid-level rents. The apartment complex is placed in a residential fund with a long-term investment horizon with a core-plus strategy. The multi-family home is located in the district Rijkerswoerd, atop of the recently renovated, district shopping center in Arnhem-South.

Prime Pitch buys 149 homes in two transactions

Prime Pitch Asset Management has completed the purchase of 87 homes in the mid-rent segment. A portfolio of multi-family homes in Sittard, Rotterdam and Bussum, as well as single-family homes in Rijen, was acquired from vendor Mulleners Vastgoed in Echt, The Netherlands. This purchase represents an expansion of the portfolio with 62 homes in Zutphen that Prime Pitch acquired from housing association Ieder1, last week. The transactions also include 5 commercial spaces and approximately 85 parking spaces.

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Advisory

Prime Pitch provides advisory services for investors in real estate. The complexity of real estate markets, portfolio (re)composition challenges and asset selection/acquisition, demand for an independent and specialised advice.

Investments

Prime Pitch initiates and structures investments in real estate for professional investors. The type of investment and the structure is tailored to the needs of our clients.

Asset Management

Prime Pitch operates as real estate asset manager for third parties as well as for our own (fund) investments. The asset management activities are focused on opitimising the real estate portfolio. Optimisation means: return enhancement, cost reduction and maximising values.