PingProperties Corporate Office fund II

TenneT (2010)

  • Launched in October 2010: office redevelopment in Arnhem (completion mid 2013)
  • Building MariĆ«ndaal Center of Excellence: head office TenneT TSO
  • Low risk profile: triple A lessee (100% shareholder is Dutch Government) on a long lease
  • Approximately 21,500 sqm LFA and 575 parking places
  • Objective: long stable and secured cash return
  • 2013: completion redevelopment, attractive long-term financing and cash returns
  • 2016: building receives three stars BREEAM-NL certificate (Very Good)
  • Investors: 3

Arnhem, Utrechtseweg 310

Address: Utrechtseweg 310
Location: Office park (Arnhems Buiten)
Floor surface: 22.000 m2
Ownership: Freehold
Sector: Offices
Facilities: 575 parking places
Largest tenant: TenneT