A.J. Real Estate B.V.

What A.J. Real Estate B.V. does

A.J. Real Estate B.V. is a Dutch family-owned (familiebedrijf) real estate investment and development company founded in 1997 and headquartered in 's-Hertogenbosch, Netherlands. It owns and actively manages a nationwide portfolio of more than 100 real estate objects under 250+ rental contracts, organized into four active markets: logistics, retail, residential, and specialty/other. Its logistics holdings include a ~42,000 m² e-fulfilment center in Den-Bosch (Jumbo), a ~26,000 m² distribution center in Waddinxveen (Dachser), a ~16,000 m² facility in Breda (Dynalogic), and a ~11,400 m² industrial site in Houten (SKF). Its retail portfolio is anchored by supermarkets leased to national chains including Lidl, Jumbo, Albert Heijn, PLUS, Aldi, Vomar, and Kruidvat, as well as specialty retail tenants such as ANWB and Takko Fashion, with units ranging from ~80 m² to multi-thousand-square-meter anchors.

The company's core technology is physical-asset oriented rather than digital: it invests in sustainable building features including solar panel installations (400+ at Lidl Wezep, 2,200 at Den-Bosch, 1,400 planned at Waddinxveen, 800 at Donderberg, 500 at Aalten), EV charging infrastructure, gas-free construction with A++++ energy labels, and BREEAM 'Good' certification on selected assets such as Molenweg 9 and 11 in Nijmegen. There is no public AI, software platform, API, or app product; digital presence is limited to a content website (ajrealestate.nl) with property listings, news, and team information, plus a LinkedIn company page.

A.J. Real Estate generates revenue primarily through recurring rental income from long-term leases across retail, logistics, residential, and vacation properties (e.g., Zoutelande holiday homes at Het Kustlicht), with secondary income from one-off property sales (e.g., Schinnen Schintalerplein 1 listed at €130,000 k.k.). Pricing is unit-based, with commercial rents ranging from €14,000 to €64,000 per year excluding VAT depending on size and location. Go-to-market is direct-to-tenant: the company acquires, develops, and manages assets itself, leases through direct relationship management by its property and asset management team, and lists available units on its own website with detailed specifications and pricing. Recent activity (2023–2025) shows a sustained cadence of new builds, conversions (e.g., Coop-to-PLUS), expansions, sustainability upgrades, and one acquisition (Molenweg Nijmegen), alongside a co-development partnership with housing corporation Woonstede in Scherpenzeel.

Name

A.J. Real Estate B.V.

Legal name

A.J. Real Estate B.V.

Website

https://ajrealestate.nl

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

A.J. Real Estate B.V. is a family-owned Dutch real estate investment and development company that owns and manages 100+ retail, logistics, residential, and specialty properties across the Netherlands under 250+ rental contracts.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Real Estate Property Managers (53131), Lessors of Real Estate (5311)

SIC

Lessors Of Real Property, Nec (6519), Operators Of Nonresidential Buildings (6512), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industry

Healthcare & Senior Housing Real Estate Asset Management (BPAJAMAH)

Keywords

• Commercial real estate investment
• Logistics property leasing
• Retail real estate development
• Sustainable property management
• Residential property rental

Headquarters

HQ city

's-Hertogenbosch

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Commercial Property Rental: A.J. Real Estate generates revenue through renting commercial real estate including retail spaces, supermarkets, logistics centers, and warehouses to tenants under long-term lease agreements. The portfolio includes 100+ objects with 250+ rental contracts.
2. Property Sales: The company sells properties from their portfolio, such as the Schinnen - Schintalerplein 1 commercial space listed for €130,000 k.k. and commercial units in Swalmen.
3. Residential Property Rental: Revenue from renting residential apartments in various locations including Maarn, Middenbeemster, and Vlijmen, with sizes ranging from 100 m² to 225 m².
4. Vacation Property Rental: Short-term rental of vacation homes in Zoutelande at recreational park Het Kustlicht, with four 6-person vacation homes available.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

A.J. Real Estate B.V. acquires, develops, and manages a diversified portfolio of approximately 100 commercial and residential real estate properties in the Netherlands, with 250+ rental contracts across four segments: retail/supermarkets, logistics/distribution centers, residential housing, and special-use properties. The company focuses on sustainable building practices and active asset management to provide long-term rental spaces for national retail and logistics tenants.

Product overview

A.J. Real Estate B.V. is a family-owned Dutch real estate investment company that operates a diversified property portfolio of approximately 100 objects with more than 250 lease contracts across the Netherlands. The company's product offering spans four core segments: Retail/Shopping Properties (supermarkets and shopping centers housing tenants such as Albert Heijn, Lidl, Jumbo, and Kruidvat), Logistics/Distribution Centers (e-fulfilment and light industrial facilities including properties rented to Dynalogic, Jumbo Distribution, and Dachser Logistics), Residential Properties (apartments ranging from 100-225 m², with expansion plans into care-related housing), and Special Use Properties (vacation homes and equestrian facilities). The company operates as a property investor/landlord rather than a technology platform, focusing on active asset management, development, and optimization of commercial real estate across logistics, retail, residential, and specialty segments.

Differentiator

Problem solved

Functional benefit

Products and services

• Retail and Shopping Properties
• Logistics and Distribution Centers
• Residential Properties
• Vacation Properties
• Property Development and Renovation Services

Quantifiable outcome

• 100+ properties and 250+ rental contracts managed across the Netherlands
• +2 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• WoonstedecoreStrategic or Co-development PartnerA.J. Real Estate is collaborating with Woonstede on the development of a new Jumbo supermarket with social rental housing at Dorpsstraat 238 in Scherpenzeel. The project involves relocating and demolishing the existing Aldi supermarket to make way for the new development. The new Jumbo will be approximately 1,830 m² plus a covered loading/unloading zone of ~150 m².

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Wereldhave N.V. Dutch listed REIT focused on full-service urban shopping centers anchored by daily-goods retailers (supermarkets), with mixed-use residential and office exposure. Closely comparable to A.J.'s grocery-anchored retail and mixed-use mixed asset strategy in the Netherlands.
• WDP (Warehouses De Pauw): Belgian-Dutch listed logistics real estate specialist with major Dutch logistics exposure. Highly comparable to A.J.'s logistics segment (Dachser, Jumbo, Dynalogic, SKF tenants) and the e-fulfilment mega-box strategy.
• Vastned Retail N.V. Dutch publicly listed retail real estate investor focused on high-street and supermarket-anchored retail in the Netherlands and select European countries. Highly comparable to A.J. Real Estate's retail portfolio composition, particularly the supermarket-anchored strategy.
• Eurocommercial Properties N.V. Dutch-listed retail real estate company with supermarket-anchored shopping centers in the Netherlands, Belgium, Italy, and France. Comparable Dutch supermarket-anchored retail strategy and tenant profile.
• CTP N.V. European-listed logistics and industrial real estate developer/owner with significant Dutch presence. Comparable on the logistics/industrial segment, particularly the e-fulfilment and distribution center focus.

Broad incumbents

• Unibail-Rodamco-Westfield: Large European retail REIT with mixed-use shopping centers and food-anchored retail. Comparable at the asset-class level (food-anchored retail real estate) though far larger and more international than A.J.
• NSI N.V. Dutch-listed commercial real estate investor with offices and retail assets in the Netherlands. Comparable as a Dutch CRE investor/lessor, though NSI focuses more on offices than A.J.'s retail/logistics/residential mix.
• Klépierre SE: European retail REIT with shopping center portfolios across continental Europe. Comparable retail real estate strategy, though operating at significantly larger scale and with broader geographic exposure than A.J.

Regional players

• Vesteda Residential Fund: Dutch institutional residential investor focused on mid-rental housing in the Netherlands. Comparable on the residential segment of A.J.'s portfolio, particularly the planned expansion into 'wonen met zorg' (care-related housing).
• Vivantes N.V. Dutch publicly listed residential real estate investor focused on Dutch apartments. Comparable to A.J.'s residential segment and to the company's future expansion into care-related housing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/a-j-real-estate

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about A.J. Real Estate B.V.