PingProperties and the Government Buildings Agency have signed a new lease for Het Boek
The Dutch Government Buildings Agency has signed a new lease with PingProperties for the ‘Het Boek’ office building in Amsterdam, popularly known as ‘De Knip’. The Agency has signed the lease for the Tax and Customs Administration for a term of 15 years.
The owner will invest in the quality and sustainability of the building, so that it will meet today’s requirements. This transaction demonstrates that it is perfectly possible to bring existing buildings up to the standards of today’s occupiers. An innovative type of contract was chosen, of which a Service Level Agreement forms an integral part. This ensures the long-term preservation of the building’s quality.
The building is a true landmark with a floor area of 40,000 sqm of office space in the Teleport office location in Amsterdam. It is directly visible from the A10 ring road and, being a stone’s throw from the Sloterdijk railway station, it is readily accessible by train and metro. The property is owned by PingProperties Corporate Office fund I 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.