About the project
ERAM Rolling Hills is a residential development located in the New Prishtina (Rolling Hills) growth area on the eastern fringe of the capital, an area undergoing significant residential and infrastructure expansion. 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 at the end of the hold.
The project is funded on a fully equity-only basis (no senior debt), with sponsor co-investment of €2,880,000 (20% of equity) alongside €11,520,000 from external co-investors (80%). Project equity is divided into 144,000 Class B shares at €100 par value. Rolling Hills is the platform's largest project by TPC.
Indicative co-investment terms
- Project code: ERM-2026-03
- Structure: Sale (development) — develop, sell units, wind up SPV
- Share class & price: Class B at €100 par value
- Total shares: 144,000 (Class B)
- Indicative target gross IRR: 35.0% (subject to feasibility & market conditions)
- Preferred return: 8.0% (European waterfall)
- Sponsor promote: 20% above hurdle
- Indicative hold period: 30 months
- Minimum ticket: €1,000 (retail) · €2,500 (standard) · €10,000+ (sophisticated)
- Subscription window: 15 May 2026 – 31 December 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.