PingProperties renews lease with IKEA head office
PingProperties recently renewed the lease with IKEA B.V. for the long term for the office building located at Paasheuvelweg 5 in Amsterdam. IKEA has its national head office here and leases the entire building, totalling approx. 2.800 m² of office space and 54 parking spaces.
IKEA has renewed the lease due to the office building’s excellent accessibility and superb location close to the IKEA store in Amsterdam Zuidoost, which is opposite the leased building on the other side of Gaasperdammerweg.
IKEA was formed in 1943. Since then the IKEA Group has grown to become a leading retail chain with 147,000 employees in 27 countries and an annual turnover of more than 28.7 billion euros.
Thanks to the good relations it enjoys with IKEA, PingProperties itself brought about the renewal of the lease.
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.