PingProperties leases Varsseveldseweg 113 in Doetinchem to KARWEI
KARWEI (Van Neerbos Bouwmarkten B.V.) has concluded a 12-year lease for 2,410 sqm business space on Varsseveldseweg 113, Doetinchem.
The leased property forms part of White Lane Investments II B.V., which is managed by PingProperties. The building on Varsseveldseweg in Doetinchem is one of three in this company’s portfolio. The buildings have been fully let under long-term leases. While intended for retail use, the building has a unique location in a residential district and has generous parking facilities.
Van Neerbos Bouwmarkten B.V. is a KARWEI franchisee and currently runs 36 KARWEI DIY stores in the Netherlands, including KARWEI Doetinchem.
Located in Reeuwijk, Van Neerbos’ head office provides the retail outlets with support services. With a labour force numbering 5,000, the company is changing fast, largely in response to expansion and internal restructuring.
With a presence across the entire country KARWEI is one of the Netherlands’ top three chains of DIY stores, with the fastest rate of growth. It offers a broad range of some 18,000 items to the thousands of customers who visit its stores every day.
PingProperties is an investment management organization which structures office funds by combining its expertise in the market with its financial engineering skills and promoting these via a unique network of national and international strategic investment partners. The PingProperties funds are characterized by their success at achieving above average returns, whilst retaining direct control of the funds’ result by managing all its aspects (investment, fund and asset).
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.