Strategic investment partner of PingProperties expanding its stakeholding
25-06-2018
One of PingProperties’ investment partners is expanding its stakeholding in no fewer than seven funds in the Corporate Office Fund portfolio. In some funds the investor is buying shares, while in other funds it is joining as a new investor.
The withdrawing investor has achieved an average of 12% IRR over a period of eight years. The value of the underlying properties amounts to approx. 150 million euros.
PingProperties shows with this new share deal that it is possible for its investors to join and withdraw from funds, while PingProperties remains involved for the long term as a co-investor and manager.
News
10-10-2024
PingProperties to start renovating and improving sustainability of De Argonaut and Koploper in Amersfoort
PingProperties is to start renovating and improving the sustainability of the iconic office buildings of De Argonaut and Koploper, situated right next to Amersfoort Intercity Station. The complex, which was purchased early this year, is divided into 2 buildings with a total lettable floor area of 17,080 m2, together with a basement car park for 182 cars. The business plan provides for improving the complex’s sustainability, as well as modernizing the low-rise building and positioning it separately as ‘Koploper’ (www.koploper-amersfoort.nl). The plans have been finalized in recent months and work is now underway.
10-09-2024
PingProperties improves energy performance of Cascade building to A++
PingProperties has recently carried out further sustainability improvements to Building 1, comprising 4,870 m² of office space, in the Cascade complex in Groningen to make it Paris Proof. The renovation work has raised the energy label from A to A++.
02-09-2024
PingProperties reduces annual like-for-like CO2 emissions by 40% in 5 years
Last year PingProperties drew up its ESG policy, linking it to specific targets. One of these targets is to provide an insight into CO2 emissions in its portfolio.