Aspen Real Estate Investments B.V.

What Aspen Real Estate Investments B.V. does

Aspen Real Estate Investments B.V. is the Netherlands operating subsidiary of Aspen Group Ltd. (אספן גרופ בע"מ), an Israeli public real estate investment company founded in 1994 with over 30 years of experience in the property market. Aspen Group manages a diversified portfolio of income-producing commercial properties, properties under development, and residential projects across Israel and the Netherlands, with a stated balance sheet measured in billions of NIS as of September 30, 2025. Its property holdings span office buildings, logistics centers near Amsterdam/Schiphol (including a logistics facility in Hoofddorp serving aircraft spare parts), the approximately 21-dunam עתיר ידע (Atir Yodea) knowledge-intensive office park in Kfar Saba, and residential developments such as Tirat HaCarmel. The group operates from its Herzliya, Israel headquarters, with the Netherlands entity based at Sarphatikade 13 in Amsterdam.

The company's revenue model is built on rental income from income-producing commercial assets, supplemented by capital appreciation and development gains on its property pipeline. Its ownership as of September 30, 2025 is led by Australia-Israel Holdings Ltd. at 29.01% and founder/owner Rony Zarom at 19.55%, with public institutions holding 21.37% and Israeli institutional investors — Clal Holdings (9.65%), Menora Mivtachim (8.83%), Ayalon (6.59%), and Penthouse (5.00%) — making up the balance. Rony Zarom, the controlling owner since 2005, brings a technology-entrepreneur background from prior ventures including Exalink (sold to Comverse for approximately $530 million). Distribution is channeled through the group's investor relations function and direct engagement with institutional and retail shareholders.

Aspen Group targets institutional and retail investors seeking real estate exposure in Israel and Western Europe. Its go-to-market approach emphasizes direct investor relations, public company disclosures, and property portfolio showcases via the corporate website (currently displaying an 'under construction' placeholder). No specific revenue figure is publicly disclosed; the company highlights billions of NIS in income-producing and development properties and in balance-sheet assets as its scale signal. There is no proprietary technology, AI/ML offering, or productized software layer — the business is a traditional property investment and management operation.

Name

Aspen Real Estate Investments B.V.

Legal name

Aspen Group Ltd. (אספן גרופ בע"מ)"

Website

https://aspen-europe.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

1–10 employees

Short description

Aspen Real Estate Investments B.V. is the Netherlands operating subsidiary of Aspen Group Ltd., an Israeli public real estate company managing income-producing, development, and residential properties across Israel and the Netherlands with billions of NIS in assets.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment

NAICS

Real Estate Property Managers (53131)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Commercial real estate
• Residential development
• Property investment
• Real estate management
• Income-producing properties

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Distribution channels1 record

Marketing channels1 record

Core offering

Aspen Group is a public real estate investment company that owns, develops, and manages a diversified portfolio of income-producing commercial properties (offices, logistics centers) and residential development projects across Israel and the Netherlands. The portfolio includes assets such as the Netherlands logistics and office park near Amsterdam/Schiphol Airport (including the עתיר ידע / Knowledge-intensive office park spanning approximately 21 dunams), Israel-based commercial properties in Kfar Saba and Ashdod, and residential projects such as Tirat HaCarmel. The company reports managing thousands of square meters of income-producing properties and properties under development, with billions of NIS in total assets and balance sheet as of September 2025.

Product overview

Aspen Group is a public real estate investment company operating as a single unified portfolio management offering. The company manages a diverse property portfolio comprising residential projects and income-producing commercial properties across Israel and the Netherlands. The product ecosystem includes Netherlands Properties (office spaces and logistics centers near Amsterdam and Schiphol Airport), Israel Properties (commercial and income-generating assets), Residential Projects (such as Tirat HaCarmel), and combined Income & Development Properties. The company reports managing thousands of square meters of income-producing properties and properties under development, with billions of NIS in total assets and balance sheet as of September 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Netherlands Properties Commercial properties in the Netherlands including office spaces and logistics centers near Schiphol Airport and Amsterdam, such as the עתיר ידע (Knowledge-intensive) office park in the Kfar Saba area spanning approximately 21 dunams with ~2,700 sqm of office space and 86 parking spots, and a logistics center in Hoofddorp (~20 km from Amsterdam) used for storage of aircraft spare parts.
• Israel Properties Income-generating and development properties across Israel, including office buildings and commercial spaces in locations such as Kfar Saba and Ashdod.
• Residential Projects Residential development projects in Israel, including the Tirat HaCarmel project offering residential units.
• Income & Development Properties Combined portfolio segment of income-producing assets together with properties under development, including logistics centers and office buildings across Israel and the Netherlands, reporting thousands of square meters of managed space and billions of NIS in Income Producing and Development Properties as of September 30, 2025.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Kardan Real Estate: Israeli real estate developer with a portfolio of income-producing and development properties in Israel and Central/Eastern Europe, similar to Aspen's Israel-Netherlands operating footprint.
• Mega Or Holdings: Israeli real estate investment company with holdings in residential, commercial, and hospitality assets in Israel and Eastern Europe, comparable in scale and strategy to Aspen Group.
• Property & Building Corporation: Israeli real estate company holding a diversified portfolio of office, retail, and residential assets in Israel, with comparable scope to Aspen's mixed Israeli real estate portfolio.
• Industrial Buildings Corporation: Israeli REIT specializing in industrial and logistics real estate, with an overlapping asset mix to Aspen's industrial/logistics exposure in both Israel and the Netherlands.
• Amot Investments: Israeli publicly-traded REIT focused on office, industrial, and retail income-producing properties across Israel, directly comparable to Aspen's Israeli office and logistics holdings.

Regional players

• Vastned: Dutch listed REIT investing in prime city-high-street retail and residential properties in the Netherlands and selected European cities, comparable as a Netherlands-listed real estate investor.
• NSI N.V. Dutch office-focused REIT investing in mixed-grade office assets across the Netherlands, directly comparable to Aspen's Netherlands office exposure near Amsterdam.
• WDP (Warehouses De Pauw): Belgian/Dutch listed REIT specializing in logistics and semi-industrial real estate across the Benelux and Western Europe, similar to Aspen's logistics holdings near Schiphol.

Broad incumbents

• CTP N.V. Large European logistics and industrial real estate developer listed in Amsterdam, operating at much greater scale but with overlapping exposure to the Dutch logistics market where Aspen holds assets.

Others

• Discount Investment Corporation: Israeli publicly-traded holding company with a diversified portfolio including real estate and infrastructure assets, providing a comparable Israeli capital-markets-listed structure with real estate exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aspen-real-estate-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Aspen Real Estate Investments B.V.