PingProperties extends lease with Canon Nederland, 's- Hertogenbosch
PingProperties and Canon Nederland have extended the lease agreement long-term with respect to the office building at Brabantlaan 2, located in the Pettelaarpark in ‘s- Hertogenbosch. The total lettable floor area is approximately 10,350 sqm with 475 parking spaces (from mid-2013) and is fully leased to Canon Nederland.
The office complex was fully renovated in 2005, has a high level of finish and is situated at an excellent location along the A2 motorway. For many years, Pettelaarpark has been one of the most prominent and successful highway locations in the Netherlands.
Canon will invest in the building to prepare for the new way of working. This means that the offices are largely designed as ‘open’ workplaces, so the efficiency is improved and eventually at least 100 extra people can be accommodated in the building. PingProperties will add a new parking terrain in 2013, after which the parking ratio will be excellent (1:21).
Canon is a world leading provider of imaging solutions for consumers and business users. In 2009, Canon Inc. announced the acquisition of Océ, and in October 2012 the legal integration took place between Canon Nederland and Océ Nederland. The headquarters of Canon were established at the Brabantlaan 2 in ‘s- Hertogenbosch, in the building where Océ Nederland was established (since its construction in 1988). In 2007 PingProperties acquired the complex from Océ Nederland through a sale-and-lease-back transaction. Canon Nederland in ‘ s- Hertogenbosch is responsible for the sales, marketing and service activities of Canon for the Dutch market. In the Netherlands, Canon has more than 1,600 employees.
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.