NIBC has successfully closed an investment financing facility to our existing client PingProperties to partly finance the acquisition of the Dunea headquarters offices located in Zoetermeer. The Dunea head office is situated at a good location immediately adjacent to the railway station and the A12 motorway and has an excellent parking ratio. The building was fully renovated in 2013 to improve its sustainability and has an Energy Label A.

The acquisition was realised for the recently established PingProperties Corporate Office fund XII and fits in well with PingProperties' vision to establish connections in the long term with high-potential assets.

NIBC has a long lasting relationship with PingProperties. Earlier this year NIBC and PingProperties refinanced the former Enka/AkzoNobel site in Arnhem.

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NIBC Holding NV published this content on 23 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 October 2019 08:39:10 UTC