Sale PingProperties Office fund II portfolio to Archon

23-12-2014

PingProperties has transferred its multi-tenant portfolio PingProperties Office fund II (Omega Properties C.V.) to Hummingbird B.V. Hummingbird B.V. is part of Archon Group, a global investment organization and subsidiary of Goldman Sachs. The sale involves 24 office buildings distributed throughout the Netherlands.

 

The sale of this portfolio is in keeping with Ping Properties’ changing growth strategy, focusing on single-tenant assets with long-term leases to corporate organizations. PingProperties and its investors have decided to focus more on cash flow management with corporate assets. PingProperties aims to strengthen these positions through high-quality management of critical mass in its corporate assets, while achieving solid cash returns and a healthy growth in value.

 

PingProperties now has seven Corporate Office funds and will add three new corporate funds to the portfolio in early 2015. The total value of the portfolio of PingProperties will be approximately € 700 million in early 2015.

Go back

News

08-02-2024

PingProperties welcomes Dirk supermarket in the covered shopping arcade in Stadshart Zoetermeer - Daily Plaza

PingProperties has recently acquired, on behalf of PingProperties Intercity I C.V., De Argonaut office building in Amersfoort. This office building with its iconic design is right next to Amersfoort intercity railway station and only ten minutes from the A1 and A28 motorways.

Read more

05-02-2024

PingProperties concludes new lease with discounter Iper Megastores for Passage Schiedam shopping centre

PingProperties has recently concluded a 5-year lease with the non-food discounter Iper Megastores for 700 m2 in Passage Schiedam shopping centre. Iper Megastores offers a wide range of day-to-day non-food products at competitive prices: from hand towels to attractive home accessories and from pet supplies to kitchenware and craft materials. The store will open in Passage Schiedam in the second quarter of 2024.

Read more

21-12-2023

PingProperties welcomes Dirk supermarket in the covered shopping arcade in Stadshart Zoetermeer - Daily Plaza

PingProperties is delighted to welcome Dirk supermarket in the covered shopping arcade of Stadshart Zoetermeer which is being transformed into a daily convenience centre with the name: Daily Plaza. The new supermarket forms part of the revitalization of the shopping arcade that is being transformed. Last Friday PingProperties obtained the irrevocable permit for the first phase of the shopping centre’s redevelopment (approx. 5,500 m² GFA). Dirk supermarkets has concluded a long-term lease for approx. 2,200 m². The aim is for Dirk to open its doors in the fourth quarter of 2024.

Read more
All news