PingProperties renews lease with Intertoys in Passage Schiedam shopping centre
PingProperties has renewed the lease with Intertoys for the long term, for approx. 325 m² of retail space. This renewal is perfectly in keeping with PingProperties’ vision to retain long-term tenants in Passage Schiedam.
Intertoys has been a tenant in the shopping centre since 2019. Its branch in the Passage is a successful store and is confident in the future of the shopping centre and the town. It sees excellent potential in the urban regeneration of Schiedam.
PingProperties and Intertoys are taking further steps together to improve the sustainability of the retail unit. All the lighting, for example, is being replaced by sustainable LED lighting.
The Intertoys organization, with more than 220 branches, is the largest chain of toy shops in the Netherlands. The stores are characterized by a uniform appearance, conveniently arranged by category of toys and games. The stores have separate departments for gaming, electronics and small gifts. Intertoys has a variety of store types.
Daily Convenience Center Passage
The Passage Schiedam shopping centre is superbly situated in the historic centre of Schiedam and is the largest and oldest covered shopping centre in the town. Around 68 retail units are found in the shopping centre, spread across a ground floor and three upper floors. The complex has a floor area of approx. 18,300 m² LFA, as well as a five-level underground car park with 280 parking spaces. Passage Schiedam attracts 62,700 visitors every week, with Hema, Action, Bristol, H&M and Nelson as the top 5 tenants.
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.