PingProperties finalizes refinancing with Berlin Hyp for the Cascade complex in Groningen
11-01-2019
PingProperties has extended the financing arrangement, which was already in place with Berlin Hyp, for the PingProperties Office fund IV.
PingProperties Corporate Office fund IV has had the Cascade complex at Cascadeplein 2-10 and Emmasingel 1-5 in Groningen in its portfolio since 2011. This sustainable complex, which will achieve energy label A in its entirety in the coming year, has a floor area of approximately 34,272 m² and has 341 parking spaces.
The office complex
The Cascade complex is situated at a unique location in the centre of Groningen, immediately next to the central station. The complex is characterized by its government-related lessees, which have been accommodated here since the complex was completed in 1997-2000, and by the excellent quality of the buildings. The buildings are let on long-term leases to a variety of government agencies. PingProperties Corporate Office fund IV now owns seven of the nine Cascade buildings.
PingProperties brought about this extension of the fund financing arrangement itself.
News
02-09-2024
PingProperties reduces annual like-for-like CO2 emissions by 40% in 5 years
Last year PingProperties drew up its ESG policy, linking it to specific targets. One of these targets is to provide an insight into CO2 emissions in its portfolio.
22-04-2024
PingProperties starts energy management pilot for its hotel ibis Styles Amsterdam Airport
PingProperties has started a pilot to optimize the energy consumption of its hotel ibis Styles Amsterdam Airport to achieve Paris Proof by 2040.
15-04-2024
PingProperties signs new lease with Trekpleister for Stadshart Daily Plaza in Zoetermeer
PingProperties has signed a new long-term lease with ‘Trekpleister’ for Stadshart Daily Plaza covered shopping centre in Zoetermeer. The chemist will lease around 250 m² of retail space on the first floor opposite Dirk supermarket. Trekpleister expects to open its doors in festive style in December, at the same time as Dirk.