PingProperties concludes lease with Kruidvat

PingProperties recently concluded a long-term lease with Kruidvat in the Eudokiaplein shopping centre in Rotterdam.

Kruidvat is a new lessee in the shopping centre at Eudokiaplein in Rotterdam and will be leasing 400 m2 of retail space with effect from 27 May. The new branch is expected to open its doors in the summer.

Kruidvat is the market leader in the health- & beauty market in the Netherlands and Belgium, with more than 1,100 shops in the two countries. In 2002 Kruidvat was acquired by the A.S. Watson Group, part of the multinational CK Hutchison Holdings Limited of Hong Kong. A.S. Watson is active in 24 markets globally and is the largest health & beauty retailer in the world.

The Eudokiaplein amenity complex, located in Rotterdam-Noord, has a total floor area of approx. 10,527 m² with a modern basement car park directly linked to the shopping centre by a travelator. The shopping centre, which attracts more than 50,000 visitors each week, focuses on day-to-day shopping. Its shops include two large supermarkets (Albert Heijn and Aldi), as well as a baker, florist and kiosk.
The office complex, focusing on care and welfare, provides an extra social dimension for the area. The subdistrict offices for Rotterdam-Noord, for example, are located here, as are a range of social and care institutions (such as the Youth and Family Centre (Centrum Jeugd Gezin) and the NIDOS Foundation. These users exert a considerable attractive force in the area and complement their neighbourhood and the complex.