PingProperties concludes a sale and-leaseback agreement with ABN AMRO
01-04-2016
PingProperties has reached agreement with ABN AMRO N.V. concerning the purchase of the ABN AMRO office building at Daalsesingel in Utrecht for the new PingProperties Corporate Office Fund X. This building, which will then be leased back to ABN AMRO on a long-term basis, meets all current standards expected of office buildings and is exceptionally sustainable with energy label A and a BREEAM Very Good certificate. This deal concerns a total of 8,254 m² and 100 parking spaces.
The building is situated at a prime location right next to Utrecht Central Station. This district is being totally revitalized and made greener. After forty years, water has once again been flowing along Catharijnesingel since the end of last year, cars are making way for pedestrian routes along the waterfront and space is being created for restaurants, bars and shops.
The new fund consists of a select group of participants, one of which is PingInvestors. PingInvestors is a regular co-investor in a new PingProperties fund.
PingProperties obtained legal advice for this transaction from Houthoff Buruma. ABN AMRO received legal assistance from Loyens & Loeff and was also advised by JLL.
Go back![](https://pingproperties.com/wp-content/uploads/2019/10/PNG_Daalsesingel_DSC_9818.jpg)
News
02-09-2024
PingProperties reduces annual like-for-like CO2 emissions by 40% in 5 years
Last year PingProperties drew up its ESG policy, linking it to specific targets. One of these targets is to provide an insight into CO2 emissions in its portfolio.
22-04-2024
PingProperties starts energy management pilot for its hotel ibis Styles Amsterdam Airport
PingProperties has started a pilot to optimize the energy consumption of its hotel ibis Styles Amsterdam Airport to achieve Paris Proof by 2040.
15-04-2024
PingProperties signs new lease with Trekpleister for Stadshart Daily Plaza in Zoetermeer
PingProperties has signed a new long-term lease with ‘Trekpleister’ for Stadshart Daily Plaza covered shopping centre in Zoetermeer. The chemist will lease around 250 m² of retail space on the first floor opposite Dirk supermarket. Trekpleister expects to open its doors in festive style in December, at the same time as Dirk.