Siemens headquarters

29,065 sqm

Floor area

LEED - Platinum

Sustainability

542

Parking places

Siemens headquarters

Prinses Beatrixlaan 800
The Hague

Renovation and sustainability improvements of large-scale office complex

Acquisition of the Siemens complex via a sale-and-leaseback construction. Following the acquisition, the office building has been renovated and its sustainability improved (LEED Platinum Certification and LEED Gold Certification) for an exceptionally stable lessee (S&P: A+) with a long-term lease. Apart from Siemens, PharmaPartners and Worley also have offices in the complex. Thanks to this acquisition, PingProperties has created a lasting difference for Siemens by enabling it to bring all its activities together at a single, central prime location in the heart of The Hague. The former Siemens site (Siemens Tech Campus in Zoetermeer) has also been acquired by PingProperties for redevelopment.

Tenant(s)

Siemens Nederland

Worely Parsons

Sector
Office

Status
In portfolio

PingProperties Corporate Office Fund VII

Investors
2

Status
In portfolio

Track Record

2013

Incorporation

Acquisition of Siemens, The Hague 

Acquisition finance with Berlin Hyp

Start of large-scale redevelopment and improving building sustainability

2016

Delivery of Siemens, The Hague to Siemens

Awarded LEED Gold certification & LEED Platinum certification

New long-term lease with engineering firm Worley (former Jacobs)

2018

Refinancing of Siemens, The Hague with Berlin Hyp

See also

All investments