Strategy | Lionstone Real Estate Partners

TWO COUNTRIES TWO STRATEGIES

DEVELOPMENT STRATEGY in LUXEMBOURG

Lionstone focuses on residential development projects in prime locations, targeting early-stage investments where we can unlock long-term value. Our core strength lies in securing full planning approvals - including PAPs and building permits - and de-risking the development process before launching or exiting projects.

We aim to create modern, sustainable living environments that meet the needs of future generations. Our developments range from 8 to over 200 units, spanning up to 40,000 sqm, and often include innovative solutions such as waste heat recovery from data centres.

Once fully permitted, projects are either:

Sold as building-ready plots, or
Developed and sold off-plan (VEFA) with Lionstone managing turnkey delivery.

Our approach is opportunistic yet responsible - we focus on quality, sustainability, and thoughtful urban integration while aiming to deliver strong, risk-adjusted returns for our investors. Above all, we are committed to developing homes people are proud to live in.

RENTAL STRATEGY in THE NETHERLANDS

Our investment strategy in the Netherlands has been guided by one clear objective: addressing real housing needs through thoughtful development and active portfolio management.

Over the past years, we acquired and managed two residential portfolios totalling 228 units across multiple locations. As units became vacant, we refurbished and sold them, offering high-quality homes - many of which met social housing standards and supported affordable, sustainable living.

In parallel, we developed two projects from the ground up, adding 37 energy-positive homes that produce more energy than they consume - setting a new benchmark for sustainable residential living.

This strategy combined Core, Core Plus, and Value-Add approaches, blending stable income from social housing with upside through sustainable development. In March 2025, we successfully completed this investment cycle by selling the remaining portfolio of 190 units to a private investor.