PingProperties sells the sustainably transformed Trappenburch in Utrecht
06-10-2016
PingProperties has sold the Trappenburch building in Utrecht city centre, which it bought in July 2015, to Quadoro Doric. This sale marks the culmination for PingProperties of a successful transformation project, modernizing and improving the sustainability of this formerly outdated building as well as attracting two new lessees: TIAS and AOb. TIAS (School for Business and Society) has leased a total of 2,505 m² of office space and training facilities and 26 parking spaces. AOb (Algemene Onderwijsbond – General Union of Educational Personnel) has leased a total of 3,828 m² of office space and 10 parking spaces.
Energy label A
The sustainable transformation started early this year and has given Trappenburch, which was built in 1974 for the Nederlandsche Bank and later refurbished as the former office building of the Chamber of Commerce, a completely new lease of life. It is now a modern building, its sustainability has been improved from energy label G to A and it provides an excellent working climate for its lessees. The facades have been cleaned, the windows and frames replaced and a second entrance created, so that the exterior of the building now blends perfectly into its surroundings and has contributed to a major upgrade of ‘Wijk C’ (District C, the neighbourhood in which the building is located).
Sustainable property for a profitable future
Over the years PingProperties has demonstrated a keen eye for promising, profitable refurbishments. This redevelopment of Trappenburch too has shown PingProperties’ ability to transform a building into an attractive and profitable option again for lessees, purchasers and its surroundings.
About Quadoro Doric
Quadoro Doric is portfolio manager for the AIF Vescore Sustainable Real Estate Europe property funds. It invests in buildings with sustainable, added value for its clients.
News
23-12-2024
PingProperties starts building work at Carnisse Veste in Barendrecht
Following an intensive preparation of the redevelopment plans for Carnisse Veste shopping centre, last week PingProperties received the final permits from the municipality and so the revitalization of the shopping centre can now get underway.
20-12-2024
PingProperties completes 1st construction phase of Stadshart Daily Plaza in Zoetermeer!
The covered shopping arcade of Stadshart Zoetermeer has undergone a total metamorphosis! Around 13,000 m² has been redeveloped as the daily convenience centre named ‘Stadshart Daily Plaza’.
18-12-2024
PingProperties signs long-term lease with Jan van Goyen Medical Center for De Lairesse office building in Amsterdam Oud-Zuid
PingProperties recently signed a 20-year lease with the Jan van Goyen Medical Center (100% subsidiary of the OLVG hospital) for the ‘De Lairesse’ building in Amsterdam Oud-Zuid. Together with the Valerius building, De Lairesse forms a nationally listed building prominently located on the corner of the well-known De Lairessestraat and Valeriusplein in Amsterdam Oud-Zuid.