Dutch bank ING has opened its new corporate office in Amsterdam’s innovation district Cumulus Park.

The office, named Cedar, is one of the five ING office buildings that form Cumulus Park.

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ING joined with the Municipality of Amsterdam, the Amsterdam University of Applied Sciences and the ROC Amsterdam to create Cumulus Park.

Ralph Hamers, ING CEO, said: “This new building embodies all we aspire to. It’s open and transparent, as nearly all walls are made of glass, and it creates an atmosphere that encourages collaboration. The building will play a central role within Cumulus Park, inspiring new ways to innovate. And, with Cedar we reduced the consumption of natural resources as much as possible.”

Sustainability

Cedar was awarded the highest sustainability rating by BREEAM-NL. It was partially built with the concrete from the previous building on the same location.

In addition, around 3,000 square metres of solar panels provide the energy for the building. Meanwhile, the building has triple glazing and insulated window frames to save energy.

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ING has also banned single-use plastic from all the restaurants and coffee bars.

The new corporate office was developed by EDGE and G&S Vastgoed and constructed by G&S Bouw. It was designed by Benthem Crouwel Architects, while the interior design and the atrium platforms were developed by HofmanDujardin.

The construction of the office began in July 2017 and the first employees moved in November 2019. Furthermore, Cedar offers workspace for 2,800 employees spread over 39,000 m2.

New year

As we enter a new year, ING recently announced plans to spin out its bond analytics tool Katana.

The tool now operates as a standalone entity in London under the name Katana Labs, In addition, ING will offload a majority interest in the analytics tool to third-party investors.