About the project
ERAM Pinnacle is a mixed-use development located in central Pristina, designed with residential apartments above ground-floor retail and curated common areas, integrated with the surrounding urban fabric. The project is structured as a special-purpose vehicle (SPV) on a Sale (development) basis: develop, sell units, distribute proceeds and wind up the SPV.
The project is funded on a fully equity-only basis (no senior debt), with sponsor co-investment of €1,000,000 (20% of equity) alongside €4,000,000 from external co-investors (80%). Project equity is divided into 50,000 Class B shares at €100 par value.
Indicative co-investment terms
- Project code: ERM-2026-01
- Structure: Sale (development) — develop, sell units, wind up SPV
- Share class & price: Class B at €100 par value
- Total shares: 50,000 (Class B)
- Indicative target gross IRR: 37.5% (subject to feasibility & market conditions)
- Preferred return: 8.0% (European waterfall)
- Sponsor promote: 20% above hurdle
- Indicative hold period: 24 months
- Minimum ticket: €1,000 (retail) · €2,500 (standard) · €10,000+ (sophisticated)
- Subscription window: 15 April 2026 – 30 September 2026
All figures above are indicative. Final terms, returns and risk factors are disclosed in the project-specific Information Memorandum prior to subscription. Past performance is not a reliable indicator of future results. Capital is at risk.