PingProperties sells optimized Passage Schiedam shopping centre to Meerdervoort

15-06-2026

PingProperties has sold Passage Schiedam shopping centre, comprising around 18,100 m²/50 retail units and a five-level car park, to the Dutch property investor Meerdervoort. This transaction completes PingProperties’ successful optimization of the shopping centre.

During the past 5 years PingProperties has worked intensively on optimizing the range of shops in the shopping centre to better meet the wishes and opportunities of the catchment area. To achieve this, PingProperties has renewed the leases for successful shops and replaced poorly performing shops with new, strong retail chains. The shopping centre has also added two new supermarkets, new restaurants and cafes, and a Basic Fit gym. Alongside optimizing the mix of tenants, PingProperties has also made significant investments in improving the appearance of the centre and renovating or renewing all the technical and mechanical systems. All these measures have resulted in a modern, fully let shopping centre with a varied and more attractive range of shops.

Sander Rovers, Chief Investment Officer at PingProperties, explains: ‘During the past few years we have been working hard on improving Passage Schiedam shopping centre. It is now operating better than ever and we have embedded the complex more firmly in the city and its catchment area. Schiedam is an interesting city with a fast-growing and changing demographic. I believe that we have laid strong foundations to ensure that the shopping centre can look forward to a successful future. We are pleased to have been able in this way to contribute to a lively city centre. I heartily congratulate Meerdervoort with this transaction.’

PingProperties was advised in the sale by Kokelenberg & Ouwehand (commercial), NewGround Law (legal) and Newtone (tax).

About Passage Schiedam shopping centre
Passage Schiedam is superbly located in the historic centre of Schiedam and is the largest covered shopping centre in the city, with a history dating back to 1932. The shopping centre, comprising around 18,100 m2 LFA, has 50 retail units across a ground floor and three upper floors, as well as a five-level car park with 280 parking spaces. Passage Schiedam attracted almost 3 million visitors in 2025 (around 12% more than at the time of purchase), with Istanbul Supermarkt, as well as Hema, Action, H&M, Wibra, Scapino and Nelson as anchor retailers.

About Meerdervoort
Meerdervoort is a Dutch real estate investor formed in 2013. The family firm is the owner of multi-tenant property in the Netherlands and expands its portfolio with a clear buy-and-hold strategy for the long term. Meerdervoort is vertically integrated: asset management, commercial and technical management and estate agency operations are organized entirely in-house. It allows the organization to respond quickly, actively add value and sustainably optimize real estate. The portfolio now has 75 properties comprising 500 homes, 11 healthcare-related properties, 47 office buildings and 17 shopping centres, distributed throughout the Netherlands.