PingProperties concludes lease with Kruidvat
PingProperties recently concluded a long-term lease with Kruidvat in the Eudokiaplein shopping centre in Rotterdam.
Kruidvat is a new lessee in the shopping centre at Eudokiaplein in Rotterdam and will be leasing 400 m2 of retail space with effect from 27 May. The new branch is expected to open its doors in the summer.
Kruidvat is the market leader in the health- & beauty market in the Netherlands and Belgium, with more than 1,100 shops in the two countries. In 2002 Kruidvat was acquired by the A.S. Watson Group, part of the multinational CK Hutchison Holdings Limited of Hong Kong. A.S. Watson is active in 24 markets globally and is the largest health & beauty retailer in the world.
The Eudokiaplein amenity complex, located in Rotterdam-Noord, has a total floor area of approx. 10,527 m² with a modern basement car park directly linked to the shopping centre by a travelator. The shopping centre, which attracts more than 50,000 visitors each week, focuses on day-to-day shopping. Its shops include two large supermarkets (Albert Heijn and Aldi), as well as a baker, florist and kiosk.
The office complex, focusing on care and welfare, provides an extra social dimension for the area. The subdistrict offices for Rotterdam-Noord, for example, are located here, as are a range of social and care institutions (such as the Youth and Family Centre (Centrum Jeugd Gezin) and the NIDOS Foundation. These users exert a considerable attractive force in the area and complement their neighbourhood and the complex.
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.