Hotel in PlusPoint III building in Hoofddorp completed
The hotel in the PlusPoint III building owned by PingProperties has become a fact. It will open its doors and welcome its first guests on Friday 22 April.
PingProperties has leased the PlusPoint III building to The Vincent Hotel Group. A hotel of the Holiday Inn Express format (three stars) has been created, comprising some 4,000 sqm, spread over five floors, with 125 rooms, a conference room and a breakfast area.
The hotel is in the immediate vicinity of Schiphol and has hardly any competing hotel formats in the surrounding area. The Vincent Hotel Group has already concluded some framework agreements with air carriers for their crews and delayed passengers. In Europe the format currently has about 200 hotels with 23,000 rooms.
PlusPoint III forms part of the PlusPoint complex, situated in the Beukenhorst-West office park. The complex comprises four office buildings and two multi-storey car parks. The arrival of the hotel in PlusPoint III has a positive effect on the area and the values of the other buildings owned by PingProperties in Beukenhorst-West.
Holiday Inn Express is a format of InterContinental Hotel Group, the world’s largest hotel chain. Holiday Inn Express is a fast growing hotel brand focusing on cost-conscious travellers.
PlusPoint III is one of the 23 properties in PingProperties Office fund II, which is managed by PingProperties.
RVB renews lease and expands in the Cascade complex in Groningen
PingProperties has concluded a lease with the Central Government Real Estate Agency (Rijksvastgoedbedrijf – RVB) for approx. 13,500 m² in the Cascade complex in Groningen. Besides the complex’s central location near the station and its architectural and structural quality, the sustainability improvements are a major reason for the RVB to commit itself to the complex for the longer term. The renewed lease is for approx. 8,600 m2 of office space and 70 parking spaces at Cascadeplein 8-10, with the addition of approx. 4,870 m2 of office space and 69 parking spaces at Cascadeplein 1-3. This means that the Cascade complex is now fully let.
PingProperties concludes new lease with food retailer Eat Kip for Passage Schiedam shopping centre
PingProperties recently concluded a 5-year lease with food retailer Eat Kip for approx. 200 m² GFA in Passage Schiedam shopping centre. Eat Kip’s business will be at a prominent location in the unit directly next to the entrance from Broersvest.
PingProperties concludes agreement with Schiphol Commercial for the expansion of ibis Styles Amsterdam Airport hotel
PingProperties is concluding an agreement with Schiphol Commercial for an allocation under a ground lease to expand its ibis Styles Amsterdam Airport (ISAA) hotel at Piet Guilonardweg 3 in Schiphol Oost. It concerns a ground lease for approx. 4,000 m2 LFA which will enable the hotel to add around 127 extra guest rooms, bringing the total to 270 rooms once the extension has been completed. Planning permission has been submitted to the Municipality of Haarlemmermeer for its assessment. PingProperties expects to complete the hotel extension in mid-2025.