PingProperties acquires another BOB Autowas branch

02-06-2022

On 16 May 2022 PingProperties acquired another BOB Autowas branch for its light industrial portfolio. The carwash is located in Amsterdam Noord at Monitorstraat 17, adjacent to the NDSM site.

The plot of land acquired is 1,677 m2 with an existing building of approx. 450 m2 LFA, accommodating an external carwash facility, a vacuuming area and car wash boxes. In collaboration with PingProperties the building will be thoroughly renovated and at the same time will be extended to 1,300 m2. One of the additions will be an interior conveyor. For this reason a long-term triple net lease has been concluded with BOB Autowas B.V. This substantial extension is essential, as an increasing number of people are using this facility, which is affecting the efficiency of the carwash operation.
The purchase of this site is an excellent continuation of the long-term and good relationship PingProperties has with BOB Autowas dating back to 2004, the year in which PingProperties acquired BOB Autowas in Schiedam. In 2019, another plot of land was purchased in collaboration along the A16/A15 motorway in Ridderkerk, where a new BOB Autowas branch was developed.

About BOB Autowas
The BOB group, with over 20 branches, is the market leader in a rapidly developing sector. The ambition of BOB Autowas is to achieve nationwide coverage. BOB Autowas B.V. is a sustainable business that invests in making its carwash branches even more sustainable. Each carwash is equipped with a high-tech water recycling system, which saves 80% in water consumption. BOB Autowas is also a social enterprise, employing people who are distanced from the labour market. For this purpose it has formed the BOB Academy, where employees are trained and given refresher courses.
‘The best way to create loyal and friendly staff is by investing in them. That is our strength.’ says Mark de Graaf, owner of BOB Autowas B.V.