PingProperties renews lease with Burger King until 2034
20-01-2020
PingProperties recently renewed the lease with Burger King Restaurants B.V. by 7.5 years for the Burger King restaurant at ’s-Gravelandseweg in Schiedam. The lease will continue until 2034 and is for a lettable floor area of 620 m2.
At the same time, Burger King has invested heavily in the location by completely refurbishing the interior in line with its new concept. The exterior has also been refreshed in cooperation with PingProperties. This work, as well as replacing all the lighting with LED, has significantly improved the building’s sustainability. By renewing the lease, Burger King has committed itself for the long term to this rapidly developing area in Schiedam.
About Burger King
Burger King is an international chain of fast food restaurants. The first BURGER KING® restaurant was opened in 1954 in Miami, Florida, and in 1957 the Whopper made its entrance in the United States. Burger King has been established in Europe since 1975 and today some 2.1 billion Whoppers are sold each year. Since 2010 Burger King has been part of 3G Capital, an international financial group that focuses on long-term, sustainable growth. There are now more than sixty Burger King outlets in the Netherlands. The company has robust growth ambitions and is constantly seeking suitable locations to open new Burger King restaurants, both in existing buildings in city and town centres and in new developments outside these centres.
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