White Estate Investments concludes deal Penta portfolio
19-02-2008
On 19 February 2008 White Rock Investments III took over the Penta portfolio from the English fund Cambridge Place Investments Ltd. As asset manager of White Rock Investments III, White Estate Investments was responsible for this acquisition. The total investment amounted to 68 million euros. The final sales contract was signed at the end of 2007.
The portfolio comprises 4 properties: a shopping centre with offices in Rotterdam; an office building in Capelle aan den IJssel (let on a short-term lease to KPN); a large office building with a lettable floor area of 11,000 sqm located in the centre of Utrecht which is let to the municipality and to the Government Buildings Agency, as well as a fine office buildilng in the Port of Rotterdam let on a long-term lease to the Port Authority. The total lettable floor area of this portfolio is approx. 31,915 sqm, together with some 537 parking spaces.
The portfolio was sold by private tender. In this transaction Jones Lang Lasalle acted as the adviser to Cambridge Place and Savills advised White Estate Investments.
White Rock Investments III, a 100% subsidiary of White Lane Holding, is an initiative of an investment consortium affiliated to White Estate Investments with value creation as its object.
News
07-04-2025
PingProperties welcomes TNO to Dutch Tech Campus in Zoetermeer
PingProperties has signed a long-term lease with TNO, the organization for applied science and technology, for Dutch Tech Campus (DTC) in Zoetermeer. This lease is for a total of 2,419 m2 LFA of business space and 6 parking spaces at Werner Von Siemensstraat 17 (building C3).
11-03-2025
PingProperties lets vacant units in the Koploper in Amersfoort
In February PingProperties renewed and added extra office space to long-term leases with three tenants in the Koploper building, located at Stationsplein 89 in Amersfoort. The tenants are Stichting Toegepast Onderzoek Waterbeheer (STOWA), Alzheimer Nederland and Trans Link Systems.
03-03-2025
PingProperties sells BOB Autowas in Rotterdam IJsselmonde
PingProperties has successfully sold the branch of BOB Autowas Rotterdam IJsselmonde, part of its light industrial portfolio. This strategically placed site is located on the Cornelisland business park in Ridderkerk, right next to the intersection of the A15 and A16 which makes it extremely accessible and highly visible.