PingProperties & BOB Autowas building a hypermodern carwash
On behalf of one of its funds, PingProperties is joining forces with BOB Autowas to build a hypermodern carwash at the Cornelisland business park in Ridderkerk. By purchasing the land and financing this development, the fund will be the owner of this site. This collaboration will help BOB Autowas achieve its strategic objectives, while PingProperties will create an excellent addition to its existing portfolio. A good example of how a long-term and good relationship with the lessee can lead to the further development of an investment portfolio.
The new site in Ridderkerk, situated immediately next to the intersection of the A15 and A16 motorways, will increase considerably the coverage of BOB Autowas in the Rijnmond region, adding to the existing BOB Autowas carwashes in Rotterdam Zuid and Schiedam. The opening of the Ridderkerk carwash is expected in May 2020.
Ibis Styles Amsterdam Airport celebrates a 3-year anniversary!
The ibis Styles Amsterdam Airport celebrates its 3 year anniversary! The 143-room lifestyle hotel was created in 2016 from the redevelopment of the former office building of the Immigration and Naturalization Service (IND). Since then, PingProperties, together with the enthusiastic hotel team, has successfully carried out day-to-day management.
PingProperties concludes financing agreement for Blauwhoed Head Office in Rotterdam
PingProperties has concluded a financing agreement with RNHB for the head office of project developer Blauwhoed at Lichtenauerlaan 80 in Rotterdam. PingProperties acquired the Blauwhoed building in August this year on behalf of one of its investors by means of a long-term sale-and-leaseback arrangement. The building was acquired in an all-equity deal. During the coming months PingProperties expects to let the last vacant space in the building, bringing the business plan further to completion.
PingProperties purchases head office of drinking water company Dunea Zoetermeer
PingProperties is adding to its property portfolio with the purchase of the head office of the drinking water company Dunea in Zoetermeer. The purchase was made for the recently launched PingProperties Corporate Office fund XII and is in keeping with PingProperties’ vision to establish connections in the long term with high-potential assets. PingProperties attracted new finance from NIBC for this purchase.