PingProperties Corporate Office fund III

Akzo (2012)

  • Launched in March 2012
  • Acquisition of AkzoNobel head office and Teijin Aramid in Arnhem
  • Cash flow security: sale-and-leaseback, sound lessees with 16-year lease
  • Approximately 70,000 sqm LFA divided over 8 buildings and approximately 500 parking places
  • ‘Full repair lease’ with AkzoNobel being responsible for maintenance
  • Objective: long stable cash flow
  • 7 buildings
  • Investors: 2

Arnhem, Velperweg 76

Address: Velperweg 76
Location: Center
Floor surface: 70.000 m2
Ownership: Freehold
Sector: Offices and light industrial
Facilities: 575 parking places
Largest tenant: AkzoNobel and Teijin Aramid