IEF Capital takes a long-term view with regard to investments in maintaining the high quality of its real estate portfolio. Large-scale renovations projects have and are taking place based on IEF Capital’s vision solely or based on specific requirements of its key or prospect tenants.
IEF Capital’s investments in its retail portfolio are aimed at optimizing the buildings to the dynamic requirements of the real estate market. Examples include the redevelopments of various single-tenant department stores into optimized multi-tenant 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 Capital renovated a total area of roughly 150,000 m2.