IEF has been building a coherent portfolio of high-quality real estate. Its team of professionals has a very broad range of expertise that has demonstrated successful conclusion of very complex transactions in short time periods. The acquisition of large portfolios is a hallmark of our business. A few examples of these acquisitions are:


Acquisition and delisting of the Westersuyker N.V. portfolio
IEF has lead the acquisition of a portfolio of office buildings amounting to approximately € 400 million of Westersuyker N.V., a listed company.


Acquisition of the VendexKBB portfolio

IEF took over a real estate portfolio of VendexKBB (73 properties, approximately 1.4 billion euro). The sale-and-leaseback portfolio was the largest real estate transaction in Dutch history and consisted of department stores of De Bijenkorf, V&D and HEMA.


Acquisition of a high street retail portfolio

A group led by IEF acquired a prime retail real estate portfolio of Unibail Rodamco consisting of approximately 200 stores at prime locations, 19 malls, three large retail trading establishments, and 20 supermarkets. Value: € 775 million.


Sale of HEMA portfolio

A portfolio of approximately 40 HEMA assets spread throughout the Netherlands was sold to a consortium led by Crossroads Real Estate LLP



IEF takes a long-term view with regard to investments in maintaining the high quality of its real estate portfolio. Large-scale renovations projects take place based on IEF’s vision solely or based on specific requirements of its key or prospect tenants.


IEF’s investments in its portfolios are aimed at optimising the buildings to the dynamic requirements of the real estate market. Examples include the redevelopments of various single-tenant department stores into optimised multi-tenant and mixed-use buildings and transformation of retail space into office units. These transformations are often executed in close liaison with valued (prospective) tenants in order to provide the tenant with a well-suited platform to conduct its business. Over the past few years IEF renovated a total area of roughly 150,000 m2 of which some examples may be found on this page.