PingProperties sells head office of the Tax and Customs Administration to Real I.S.
On behalf of its Corporate Office fund I, PingProperties has signed the unconditional sales contract for the head office of the Tax and Customs Administration with the German investor Real I.S. The prestigious office building, better known as ‘Het Boek’, will be transferred on 1 April 2011. PingProperties will remain responsible for the commercial and technical management.
PingProperties recently concluded a long-term lease for Het Boek with the Government Buildings Agency, which acted on behalf of the Tax and Customs Administration. The building accommodates the largest tax office of the Netherlands.
For the lease extension an innovative form of contract was concluded, of which a Service Level Agreement forms an integral part, thus ensuring the long-term upkeep of the building. Partly for that reason, and because of the long-term and good collaboration between PingProperties and the Government Buildings Agency, it was decided that PingProperties would continue the asset management.
A spokesman of PingProperties describes the property as a true landmark with 40,000 sqm of office space, located in the Teleport office district in Amsterdam. The building is directly visible from the A10 ring road and provides easy access by train and metro, with Sloterdijk station only a stone’s throw from ‘Het Boek’.
The deal has been arranged through the PingProperties Corporate Office fund I, managed by PingProperties.
PingProperties extends lease with Gall & Gall in Carnisse Veste shopping centre in Barendrecht
PingProperties has recently extended the lease with Gall & Gall (Ahold) for the long term. The lease is for approximately 223 m² of retail space on the ground floor of the covered arcade at Van Beuningenhaven 9.
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.