PingProperties buys another building in the Cascade complex in Groningen
03-09-2015
PingProperties has acquired the ownership of the office building of the Land Registry at Emmasingel 4 in Groningen for its PingProperties Corporate Office fund IV. The purchase was finalized on a full-equity basis, i.e. without any financing arrangement. The building, with a floor area of around 3,800 m² and 48 parking spaces, is located in Groningen city centre and forms part of the Cascade office complex.
The office complex
The Cascade complex is situated at a unique location in the heart of Groningen, right next to the central station. The complex is characterized by government-related lessees, which have occupied the buildings here since the complex was completed in 1997-2000. The buildings themselves also have their own unique quality and are let to various government agencies on long-term leases.
The fund
PingProperties Corporate Office fund IV (started in 2011) has already acquired other parts of the Cascade complex. Of the nine Cascade buildings, seven are now owned by the fund. The purchase therefore represents a strategic addition with a view to the future. PingProperties puts its faith in existing buildings at strategic station locations, and wants to ensure that this complex is enjoyed by users, owners and its surroundings for many years to come.
Land Registry
The Land Registry records and provides data on the location of immovable property in the Netherlands, together with the associated rights such as ownership and mortgages. The Cadastre, Land Registry and Mapping Agency relocated to this building on Cascadeplein in 2008. Its offices in Leeuwarden were closed a year later and its staff were transferred to the Groningen site.

News
18-06-2025
PingProperties and Lithos sign LOI with Stedelink for sale of residential tower block development in in Stadshart Zoetermeer
Today the Provada was the backdrop to the signing of a letter of intent by Lithos and PingProperties with Stedelink housing association. The letter of intent is for the sale of the new residential tower block development on Duitslandlaan in Zoetermeer city centre. Stedelink will develop the tower block by means of separate purchase and construction agreements. The building marks an important step in the transformation of the heart of Zoetermeer into a lively and future-proof city centre.
15-06-2025
PingProperties acquires Metropool complex in Amsterdam city centre
On behalf of the PingProperties Trophy Fund II, PingProperties has acquired the Metropool complex in the centre of Amsterdam from Aberdeen Investments. The multifunctional building, with a lettable floor area of around 14,500 m², offers a mix of office, hotel and retail space.
26-05-2025
PingProperties signs long-term lease with KH Engineering and Smart AIS for S-DOCK in Schiedam
PingProperties has concluded another new lease for its S-DOCK office building in Schiedam: KH Engineering B.V. and Smart Asset Integrity Solutions B.V., both part of the KH Group, have signed a long-term lease for around 2,289 m² of office space and 46 parking spaces.