Author: immovestuser

  • Hächler rebuilds Spreitenbacher Waldhütte

    Hächler rebuilds Spreitenbacher Waldhütte

    Hächler AG from Wettingen has rebuilt the forest hut belonging to the municipality of Spreitenbach, which had become dilapidated due to subsidence. From spring onwards, the forest hut will again be available to citizens for festive occasions with 40 seats, according to the press release . There is a new hall with a fitted kitchen and an open fireplace both inside and outside.

    The new building in the middle of the forest on Heitersberg became necessary because of subsidence. The forest hut was built in 1968 and renovated in 1990. According to the Hächler Group, the municipality of Spreitenbach decided to rebuild the popular forest hut due to the subsidence of the ground by around 20 centimeters. In May 2020, the timber construction department at Hächler AG was awarded the contract to build the new forest hut.

    According to a report submitted by Günter Ebner, Head of Timber Construction at Hächler, the replacement building in timber element construction in the Neuenhof workshop was prefabricated in the same dimensions as the old hut. The finished wall elements with built-in electrical preparation and cutting of the roof components were produced in just three weeks. The shell assembly in the forest on the Heitersberg was carried out with millimeter precision using the company's own truck crane. The inner wall surfaces made of multi-layer panels in spruce and fir were protected from moisture during assembly. According to the Hächler report, only ecological and sustainable building materials were used.

    The materials are technically state-of-the-art and enable a comfortable room climate as well as heat, cold and noise protection. The combination of vapor-permeable and multi-layer materials with good soundproofing properties would have made this concept of the forest hut a really great project, construction manager Ebner is quoted as saying.

    21 cubic meters of domestic spruce wood, 45 cubic meters of mineral insulation and 450 square meters of multilayer wood panels were used for the supporting structure.

  • Coop turns a Basel department store into a luxury hotel

    Coop turns a Basel department store into a luxury hotel

    The BâleHotels group, which belongs to Coop, is opening a 4-star boutique hotel in the middle of Basel's old town. The Hotel Märthof will open its doors on July 28, 2021. The renovation of the historic building began in 2019. Its neo-baroque facade will be preserved and will be combined with generous window fronts, according to a message from Coop . From 1983 a department store was housed in the complex.

    In the Märthof there will be space for 68 high-quality rooms as well as the Bohemia restaurant with a spacious bar and a terrace directly on the market square. The hotel also has a fitness and wellness area, a banquet room and a roof terrace.

    The BâleHotels Group is thus continuing to invest in the Basel location, according to Coop. The BâleHotels Group operates five hotels in Basel, Muttenz BL and Bern.

  • Renovation of the Mandarin Oriental Palace Lucerne is making progress

    Renovation of the Mandarin Oriental Palace Lucerne is making progress

    The Hotel Palace Luzern is currently being extensively renovated. It is to be reopened next spring as the Mandarin Oriental Palace Lucerne.

    The modernization is progressing, according to a press release . Invita Hospitality Projects, which belongs to Bündner Baulink AG , has now been commissioned to handle FF&E (Furniture, Fixtures & Equipment) and SOE (Small Operating Equipment).

    Specifically, Invita will be responsible for purchasing loose furnishings for the 146 rooms and suites and redesigning the public areas. In the spa and fitness area, the Baulink subsidiary even received the entire specialist coordination contract. She also coordinates the redesign of the public areas, which include the catering area as well as conference and meeting rooms.

    The interior design is meanwhile taken over by the London office Jestico & Whiles. Architecturally, the project is being accompanied by Iwan Bühler Architects from Lucerne.

    The hotel is located in the middle of the city of Lucerne, directly on the shores of Lake Lucerne.

  • AXA Switzerland launches real estate funds for pension funds

    AXA Switzerland launches real estate funds for pension funds

    According to a message from AXA Switzerland , the company has launched a new, actively managed real estate fund. The AXA pension fund real estate Switzerland contains a high proportion of residential properties in central locations in Swiss metropolitan areas, explains AXA Switzerland in the press release. The fund should only be open to "certain qualified tax-exempt investors in Switzerland".

    "The capital market interest rates in Switzerland are currently at historic lows, and a significant change in the interest rate environment is not in sight", Daniel Gussmann, Chief Investment Officer of AXA Switzerland, is quoted in the press release. "Real estate investments are therefore becoming increasingly important in the investment of pension funds, not least thanks to positive cash inflows from rental income." The new fund from AXA Switzerland currently has a volume of CHF 1.7 billion.

  • SHL Medical is building a sustainable new location

    SHL Medical is building a sustainable new location

    SHL Medical invests in a new location on the Tech Cluster Zug . This will consist of a 10,500 square meter production area and a 5,000 square meter office space. The manufacturer of injection systems plans to employ around 400 people there.

    Several architectural offices have developed concepts for the new location as part of a competition. The project by the architects Penzel Valier AG has now prevailed, according to a media release . In addition to SHL Medical, the jury also included the city of Zug, Metall Zug and experts from various disciplines.

    The project by the architects Penzel Valier relies on the use of wood as the main alternative material. The energy is supplied via a building-integrated solar energy system. Sea water is used for heating and cooling. The excess heat and energy is recovered for further use. Overall, according to the information, this enables zero CO2 emissions production.

    According to the announcement, the building application is planned for the end of 2021. Because the SHL Group is aiming for continuous growth in the coming years, the expansion of the location is planned in two construction phases and in four expansion stages. The commissioning of the four expansion stages is to take place in several stages.

    "The building architecture should provide an environment that optimally supports the activities of our employees and operations," Ulrich Faessler, CEO SHL Medical, is quoted in a separate press release. "As we at SHL are striving for continuous growth and in order to consolidate our pioneering role within the industry, we will further strengthen our global presence and our activities through global production," he adds.

    SHL Medical relocated its headquarters to Zug in Switzerland in 2018. One of his goals was to further strengthen the global partnership with his pharmaceutical customers. In addition to Switzerland, SHL Medical also has locations in Taiwan, Sweden and the USA.

    The Tech Cluster Zug is being built on the headquarters of V-ZUG AG in the city of Zug. V-ZUG wants to concentrate its production in the north of the area. Industrial companies, technology-related services, start-ups as well as research and educational institutions are to be located on the remaining parts of the area.

  • Fundamenta Real Estate posts record profit

    Fundamenta Real Estate posts record profit

    According to a release from Fundamenta Real Estate AG , the Zug-based real estate company generated net rental income of CHF 33.47 million in the 2020 financial year. In a year-on-year comparison, this corresponds to growth of 13.4 percent. The announcement mentions the purchase of two new properties and the completion of three of its own projects as growth drivers. In addition, the company was able to reduce its vacancy rate year-on-year by 0.2 percentage points to 3.5 percent.

    A new record of CHF 26.69 million was reported as net profit in the 2020 reporting year. In the previous year, a net profit of CHF 22.51 million was realized. In the year under review, a slightly lower revaluation effect than in the previous year was more than offset by “an excellent operating result” and the sale of three properties, explains the real estate company.

    "The stability of our real estate portfolio, which is dominated by residential space, has also been shown in this special year," Andreas Spahni, President and Delegate of the Board of Directors, is quoted in the press release. "The corona crisis only had a marginal effect on the result."

    The balance sheet value of Fundamenta Real Estate's real estate portfolio rose from CHF 908.91 million to CHF 991.94 million in the course of the year under review. In February of this year, the company acquired another residential property. In addition, the “further repositioning of two existing properties in Zurich and one property in Bern” has started, according to the announcement. Fundamenta Real Estate plans to carry out a capital increase this year to finance ongoing projects. Details are to be communicated after the General Assembly on April 8th.

  • Sika buys mortar manufacturer in Brazil

    Sika buys mortar manufacturer in Brazil

    Sika buys a mortar manufacturer in Brazil. With its BR Massa brand, Supermassa do Brasil Ltda has a strong market position in the Minas Gerais region, Sika explains in a statement on the takeover. It is intended to strengthen the presence of the Zug-based building materials group in hardware stores and specialist dealers in what is said to be one of the most important economic regions in Brazil. In addition, Sika is relying on being able to successfully offer other of its own products in conjunction with BR Massa products.

    "With BR Massa we can further improve our customer service and our offer in the Minas Gerais region", Christoph Ganz, Regional Manager Americas, is quoted in the press release. “The increased presence in sales and the expanded local supply chain will make a significant contribution to the further penetration of the Brazilian market.” The takeover also gives Sika its first production site in the region.

    The transaction will take place subject to the approval of the local antitrust authorities, Sika further informs in the announcement. No information is given there about the purchase price or further details about the takeover.

  • Investis acquires Rohr AG

    Investis acquires Rohr AG

    Investis Holding AG specializes in properties in the Lake Geneva region and real estate services throughout Switzerland. To strengthen the second business area, the Zurich real estate company took over Rohr AG on March 12th, Investis explains in a press release . The Aargau building service provider offers special and facade cleaning, maintenance cleaning, integral building management as well as the construction and operation of clean rooms. The two partners have agreed not to disclose the purchase price.

    "This company is an ideal addition to our existing subsidiaries in the facility services sector", Walter Eberle, Head of Real Estate Services at Investis, is quoted in the press release. "With the acquisition, we will continue to expand our services and strengthen our national awareness in the market." Eberle also wants to use the synergies and opportunities for further development resulting from the takeover.

    Rohr AG has around 1000 employees and generated sales totaling 41 million francs in the 2020 financial year, the announcement further explains. The Aargau company will also operate under the umbrella of Investis Holdung as an independent company under the existing name.

  • Geneva expands network for the use of lake water

    Geneva expands network for the use of lake water

    The Geneva public utility company SIG is laying new district heating pipes in the La Jonction district. 90 buildings are to be connected to the Genilac district heating network by 2025, the SIG wrote in a press release . Of these, 30 buildings are used by the city and the canton of Geneva. Genilac fully supplies the connected buildings with heating and cooling from Lake Geneva. The extension in La Jonction saves 10,600 tons of CO2.

    In total, Genilac is expected to deliver around 1150 gigawatt hours of cooling and 150 gigawatt hours of heat per year by 2030. By 2050, Genilac should help to reduce CO2 emissions in the canton by 70,000 tons. "Genilac is an important infrastructure with which CO2 emissions in the canton of Geneva are to be reduced and global warming is to be tackled", SIG General Director Christian Brunier is quoted in the press release.

  • What does artificial intelligence have to do with facility management?

    What does artificial intelligence have to do with facility management?

    The topic of artificial intelligence has definitely left its “laboratory status ” behind. AI-based solutions are increasingly being integrated into everyday work. In essence, it is not about the “ learning ” technology itself, but about the data behind it. The technological solution takes over the collection, storage, processing and use of the data entered. The interplay between human and artificial intelligence will be decisive for future innovations. Those companies that use AI sensibly will be prepared for the challenges of the future and will gain decisive competitive advantages.

    AI-based solutions have also found their way into facility management. Building cleaning is a very expensive subject and cleaning agents, energy and time are often used more than necessary – this is not only unecological, but also uneconomical. With the help of artificial intelligence, the use of resources can be optimized and costs can be significantly reduced.

    The Swiss startup Soobr offers a usage-oriented AI solution here. The existing performance and building data are read into the software, whereupon the AI plans the daily tours based on factors such as room distances, room priority, number and duration of cleaning. The occupancy of the individual rooms can also be integrated into the operational planning via room sensors, so that cleaning can be carried out precisely where it is really necessary. The cleaning staff are guided through the respective tours by means of an app on mobile devices, whereby you can feed the AI with feedback and documentation. Dynamic route planning increases efficiency, saves time and money in route planning and increases transparency for data evaluation.

    You can find more about digital helpers in the real estate and construction industry at: https://proptechmarket.net/solutions

  • Electromobility needs new goals

    Electromobility needs new goals

    Federal Councilor Simonetta Sommaruga discussed with those involved in electromobility what would be beneficial for its rapid expansion. At a top meeting with high-ranking representatives from the automotive, electricity, real estate and vehicle fleet sectors as well as the cantons, cities and municipalities, new objectives were outlined.

    They should join in with the goals that were set for the year 2022. According to a joint media release by the Federal Department for the Environment, Energy and Communication and the Federal Offices for Energy and Roads , they had already been reached in February 2021, with electric vehicles accounting for 15.1 percent.

    One of the proposals provides information and advice as well as more attractive and attractively priced services relating to the purchase of plug-in vehicles. In addition, the number of public charging stations should increase faster. This requires suitable measures to accelerate planning and construction. In addition, use and billing systems should become simpler and more transparent. Ultimately, it is important to create more charging options in the parking lot in front of the house or in the underground car park of apartment buildings.

    The actors in the Electromobility Roadmap would work out these goals in the coming months and derive suitable measures from them. Implementation should begin quickly. "The success in electromobility shows that the population wants to live in a climate-friendly way and be clean on the road," said Sommaruga. "Together we make it possible."

  • Porsche supports start-ups in Zurich

    Porsche supports start-ups in Zurich

    Porsche supports innovative start- ups through its Forward31 program. Now the German carmaker has also included the Zurich start-up The Embassies in this program, according to a media release .

    The Embassies is developing a new solution for living in old age. This consists of a digital platform and habitable rooms. The company wants to build a network with around 30 locations worldwide. She wants to focus on big cities like Zurich, London, New York or Berlin. The first location is scheduled to open in Europe in 2022.

    At the locations – so-called embassies – of The Embassies, residents and visitors should have publicly accessible catering and leisure facilities available. The goal is to encourage social interaction. Traveling by older people is also supported. This also gives residents and members access to other The Embassies locations around the world.

    "We created our offer for people who want to lead a self-determined, fulfilled and healthy life for as long as possible," says Jan Garde, founder of The Embassies, in the press release.

    Forward31 will now continue to develop the business model together with the founding team of The Embassies and support the company as a strategic partner in the future.

  • Implenia relies on virtual reality for Lokstadt-Areal

    Implenia relies on virtual reality for Lokstadt-Areal

    Implenia uses the advantages of virtual reality (VR) at the Lokstadt site in Winterthur. This is made possible thanks to a solution from the Zurich start-up Hegias . Right from the start, users were able to immerse themselves in the virtual plaster model of the area and walk through it from different perspectives.

    Thanks to the solution, concerns of monument conservationists could also be quickly dispelled, writes Hegias in a press release. They initially had reservations about a new hotel, which should have shipping containers as a room. When the concept could be experienced virtually, they were convinced that the “valuable building fabric” would be preserved and that the halls would not be crammed full.

    In addition, the VR solution is also useful for marketing real estate, according to the announcement. The spatial understanding and the experience of the residential property are essential drivers in the purchase decision. Implenia has already bought a license for the Hegias software. Now she wants to expand the use of the software.

    "What was missing so far for the breakthrough of VR was user-friendly software that users can use anywhere without installation and without relevant programming knowledge," Anita Eckardt, head of the Specialties Division at Implenia and member of the management board, is quoted in the press release. "The start-up Hegias made this possible with the intuitively operable solution for VR applications – a real quantum leap."

  • Implenia wins five orders in Germany

    Implenia wins five orders in Germany

    According to an announcement from Implenia , the construction and real estate company was able to acquire five building construction contracts in Germany. Specifically, Implenia is to implement office, hotel and apartment projects for various clients in the Karlsruhe area, in Berlin and in Jena. The order volume is put at a total of 140 million euros in the announcement.

    In Karlsruhe, Implenia is building a new office and hotel building for [glossary_exclude] Qcoon Real Estate GmbH [/ glossary_exclude] and FORTOON Development GmbH. Construction work is scheduled to begin this quarter. In Bruchsal, Implenia was entrusted with the construction of a residential and commercial quarter by Grundwerte Verwaltungs GmbH. The start of construction is planned for autumn.

    Implenia will build an office and commercial building for Investa Real Estate in Berlin. Certification according to the environmental standard DGNB Gold is being sought for the building, explains the company in the announcement. Implenia has been entrusted with the implementation of two high-rise buildings in Jena.

    On the one hand, the company in Jena will build an inclusion center for people in need of care and multi-generation shared apartments on behalf of the Wandlungswelten Foundation. On the other hand, Implenia was entrusted with the construction of a new office building by a private investor not named in the notification. Both projects in Jena are already under construction and will be handed over to their clients in the coming year.

  • ewz implement 100 climate-neutral real estate projects

    ewz implement 100 climate-neutral real estate projects

    Ewz is aiming for an ambitious goal by 2030: "Individual projects are not enough to achieve the national climate targets," ewz director Benedikt Loepfe is quoted in a media release. Instead, ewz understands the flagship Fischermätteli quarter in Burgdorf BE, which is currently under construction, "as a starting point for an ambitious goal: 100 real estate projects – 100% climate-neutral".

    Because the construction and maintenance of buildings generate a good third of all pollutant emissions, energy-efficient buildings and a climate-neutral energy supply are among the most important levers for Switzerland's climate goals, the press release said. For example, the combination of heat pumps, solar power, storage and electromobility leads to the greatest possible self-sufficiency with low resource consumption. In doing so, local, renewable energy sources are consistently used.

    "With the comprehensive implementation of such climate-neutral real estate projects – both new buildings and renovations – ewz is making a significant contribution to environmental and climate protection and the energy transition," said Loepfe. "As one of the first energy supply companies, ewz is committed to a pioneering commitment to a CO2-free Switzerland."

  • SF Urban Properties can increase profits

    SF Urban Properties can increase profits

    Despite the pandemic, SF Urban Properties AG can look back on “a gratifying 2020 financial year”, writes the real estate company belonging to Swiss Finance & Property Group AG in a press release . Specifically, the company was able to increase its operating result at EBIT level from 27.0 million to 32.0 million francs year-on-year. The net profit before revaluations increased by 92.8 percent compared to 2019 to 23.0 million francs. Net profit including revaluations improved by 23.8 percent to 23.0 million francs.

    As a background for the good developments, SF Urban Properties cites the successful sale of a property and the vacancy rate, which was kept at a low 2.62 percent despite the pandemic. As in the previous year, shareholders are to be paid a dividend of CHF 3.60 per listed ordinary share. With an equity ratio of 46.4 percent, the company continues to be “robustly financed,” writes SF Urban Properties.

    In the current year, the real estate company intends to concentrate on the economic areas of Zurich and Basel as before. In the year under review, SF Urban Properties was able to successfully market the Sandreutergarten residential development planned in Riehen BS, the real estate company reports. Nine out of ten of the units under construction since the end of 2020 have already been sold. In the development project at Klusstrasse 38 in Zurich, twelve of a total of 13 units were reserved in the reporting year and two of them had already been legally sold.

  • Timber Corporation is the guardian of our forest

    Timber Corporation is the guardian of our forest

    The Schlieren wood corporation and the forest ranger Limmattal Süd have their diverse tasks under control despite the many challenges. They are pleased that this year, with the new cloakroom in the Zelgli, a building will be built by the city of Schlieren with local wood and that other buildings (after-school care center, new retirement center) will be tendered or planned in wood. This role model function of the city of Schlieren was also carried over to private real estate investors. The “Kesslerplath” project of the Migros Pension Fund is also to be realized in wood.

    Around 100 cubic meters of spruce wood from the Schlierem Forest will be used for the new cloakroom building at the Rohr sports field. Financially this is not a big deal for the Schlieren wood corporation, but President Fredy Füllemann is very pleased that the city of Schlieren not only sets an example for building with local wood with this decision, but also appreciates the work of the wood corporation.

    The Schlieren wood corporation was founded as a private corporation in 1851 and manages a total of around 180 hectares of forest. A milestone in the history of the Schlieren wood corporation was the great amalgamation of forests in 1984. This resulted in large and much easier-to-manage parcels. The city of Schlieren also contributed its forest and has since then been a member with partial rights, like all other private forest owners. Almost without exception, these are long-established Schlierem families.

    The prices for domestic wood are poor. These prices have been falling for a long time and the storm Lothar in 1999 intensified this trend. So there is hardly any more money to be made with the forest and the timber corporations are happy when they can cover the costs of care and maintenance with the proceeds. A further complicating factor is that significantly cheaper wood is delivered to Switzerland from abroad.

    The forest belongs to private individuals, but can be used by the public. Very few people know that the forest owners are responsible for a great deal of work in the forest, including the maintenance of the forest paths, which are highly valued by the population, and that they also have to bear the costs.

    In some Swiss cantons, wood corporations are supported in this area, but unfortunately this has hardly been the case in Zurich so far. "As the price of wood continues to fall, it is becoming more and more difficult for forest owners to cope with the financial burdens," emphasizes Roland Helfenberger and Fredy Füllemann adds: "We will probably have to make ourselves heard more in the canton in the future."

    In our time, the forest has to struggle with various influences. In particular, global warming is causing him a lot of trouble, some tree species will probably disappear in our forests in the long term. While spruce, fir and beech trees suffer from the higher temperatures, oaks, Douglas firs and nut trees have significantly fewer problems.

    It is typical of forest management that everything has to be considered over long periods of time, or – as Revierforster Helfenberger aptly puts it: "We benefit from the work of our ancestors and work for future generations." As the district forester Limmattal Süd, Helfenberger from Aesch has also been responsible for the care and management of the Schlierem forest since 2013. He and his team are faced with great challenges in a variety of ways. The heavy snowfalls in the past few months have caused a lot of extra work and the clean-up work is far from over.

    Ecologically and economically
    This is not the first time that the city is building Schlieren with wood. The multi-part factory building in the city on Bernstrasse was made of wood and even made it into the 20 best best practice examples in Switzerland. The double after-school care center at Schulstrasse 12 was also made entirely of wood in 2007. More wooden structures are to follow. The Migros Pension Fund MPK is currently examining the procurement of wood for the new Kesslerplatz building from the Schlieremer Wald, or from the Limmattal-Süd forest district. Spruce and fir trees are available for the harvest season. At best, the MPK plans to source the wood for the ceilings and facades from the region. The latest study by Wüest Partner AG shows that wooden buildings are not only ecologically convincing, but also keep up economically.

  • Bern gets a new festival hall

    Bern gets a new festival hall

    The voters from Bern have not only approved the construction of the new festival hall, but also the city's investment of CHF 15 million, according to a press release by the trade fair operator Bernexpo AG . This should enable events with up to 9,000 visitors in the future. In addition to trade fairs and congresses, concerts and cultural events are also planned.

    "With the New Festival Hall, we will upgrade the Bern event and trade fair center and thus make a significant contribution to strengthening a diverse range of cultural and entertainment offers that radiate beyond the city and into the region and throughout Switzerland," says Franziska von Weissenfluh in of the announcement quoted, Co-Chairman of the Board of Bernexpo AG.

    The old festival hall is now being demolished. Work on the new festival hall is to begin in the first quarter of 2022 and is to be completed by 2024.

  • Canton approves Rai design plan in Bergdietikon

    Canton approves Rai design plan in Bergdietikon

    The design plan submitted by the municipal council for the Rai area in Bergdietikon has been approved by the Department of Construction, Transport and Environment of the Canton of Aargau. This is announced by the municipal council in a message. It contains a look back at the 40-year history of the land of Rai. It began by buying four parcels of land in the Rai area between 1980 and 1990 so as not to leave the potential building land to speculators.

    After the canton's approval, the next step will be to implement the construction project. According to the communal council, the first step is to take measures to stabilize the hillside area. Implenia Immobilien AG has to submit a planning application for the planned work to the municipality of Bergdietikon. The concept developed by Heinrich Jäckli AG and Basler & Hofmann AG suggests slowing down the slope movements by means of deep drainage ditches arranged in the direction in which the slope falls. For the future development and development of the Rai area, subsoil investigations and movement measurements were carried out between 1991 and 2005. It follows from them that the slope movements can be reduced to such an extent that development and development are possible.

    In the years since the municipality acquired the Rai area, the topic of use has repeatedly dominated the political debate, writes municipality clerk Patrick Geissmann in the report on the Rai area. Pius Achermann, mayor from 1994 to 2005, has their say. He is quoted as saying: “The importance of the Rai area achieved a high priority during my tenure. Hardly a council meeting went by without addressing the subject of Rai. Rai became a constant topic. "

    For Paul Meier, mayor from 2006 to 2009, the state of Rai was “a stimulating word during my 16 years on the parish council.” And Gerhart Isler, mayor from 2010 to 2017, is quoted as saying that the subject involved the involvement of Implenia Development AG and specific planning work has been objectified. Ralf Dörig, mayor since 2018, is quoted as saying: "I am of course very pleased that the 40-year history of the country 'Rai' can now be concluded with a legally binding design plan." Solutions have been worked out, but there have also been setbacks. The entire planning has now been successfully completed.

  • Pandemic cuts profits at Zug Estates

    Pandemic cuts profits at Zug Estates

    According to a statement from the Zug Estates Group , the real estate company was able to increase its property income in 2020 by 6.1 percent year-on-year to 57.8 million francs. In the accommodation business, income from the effects of the pandemic was reduced by 57.8 percent to 7.0 million francs. In 2020, income of 72.5 million francs was generated from the sale of properties. In the previous year, 45.6 million francs were posted here.

    In 2020, income would have been offset by 15.6 percent higher expenses of 9.0 million francs year-on-year, writes Zug Estates. As a result, the operating result before depreciation and revaluation fell by CHF 3.8 million to CHF 49.6 million. The reported operating result (EBIT) was CHF 43.7 million, 38.0 percent below the 2019 figure. Consolidated earnings excluding revaluation and special effects fell from CHF 31.4 million to CHF 25.9 million.

    The value of its own portfolio of real estate increased by 1.5 percent to 1.65 billion francs in the year under review, explains Zug Estates. In addition, in 2020 the company was able to renew leases with a total volume of over CHF 2.6 million per year. For the current year, Zug Estates anticipates increasing rental income and lower property costs compared to the year under review.

  • City of Zurich gives its own tenants a subscription for Mobility

    City of Zurich gives its own tenants a subscription for Mobility

    The city of Zurich wants to promote environmentally friendly mobility. To this end, it is now providing the tenants of their apartments with an annual subscription to the Mobility auto parts service free of charge, the city and Mobility write in a joint message . Anyone who lives in one of the 9,200 city apartments and has a category B ticket has been able to take advantage of such an annual subscription since March. Users then only have to pay for the duration or range of use of the Mobility vehicles.

    The city pays Mobility a flat rate of CHF 12,000 for this. The issue has no impact on rents or taxpayers, she writes in her communication.

  • Baden Cantonal Hospital installs solar power system

    Baden Cantonal Hospital installs solar power system

    The Kantonsspital Baden (KSB) relies on renewable energy and has therefore had solar power systems installed for self-sufficiency. On an area of 2000 square meters, solar panels have been installed on the roofs of the parking garage and the heating center and also on the facade of the heating building. According to a media release from KSB, the new solar power generators have a total output of 375 megawatt hours of electricity. This corresponds to 3 percent of KSB's electricity requirements. The new solar systems are to be connected to the power supply network for the canton hospital at the end of this month.

    Cristoffel Schwarz, the chief manager (COO) of KSB, is quoted as saying: “The areas on the P2 multi-storey car park and the heating plant are predestined for the production of solar power. That is why we decided to make this investment. The KSB will thus become a small power plant itself. "

  • Parcel system should reduce delivery traffic

    Parcel system should reduce delivery traffic

    In the pandemic, the already growing online trade continued to grow, write the construction and transport department of the canton of Basel-Stadt , the association Pro Innenstadt Basel and the logistics cluster Region Basel in a joint message . The provider-neutral parcel systems they have developed are intended to remedy this. As part of a pilot project, the first of the so-called Smart Boxes has already been set up on Claraplatz.

    Another smart box is to be set up at St. They want to test the acceptance and effectiveness of the parcel systems by February 2023. "The current pilot project is intended to show how much the offer is being used and how much the daily traffic volume can be reduced with it," said Deborah Strub, chairwoman of the Basel region logistics cluster, quoted in the press release.

    The project is financed by the Office for Mobility of the Canton of Basel-Stadt and the Pro Innenstadt Basel association. “Residents of Basel can conveniently have the parcels they have ordered delivered to the Smart Box Basel, where they can pick them up around the clock,” explains the managing director of the association Mathias F. Böhm. The package systems are manufactured and operated by Huber AG . She has also developed a digital application for using the Smart Boxes.

  • Swiss photovoltaics will record record expansion in 2020

    Swiss photovoltaics will record record expansion in 2020

    Photovoltaics in Switzerland was expanded significantly in the past year 2020. According to a press release, according to the Swiss Association for Solar Energy, this was not enough to achieve the climate targets. The professional association Swissolar represents the interests of 740 association members with around 6000 jobs in the solar energy industry. In the announcement from Swissolar, the additional photovoltaic capacity installed in 2020 is estimated at an output of 430 to 460 megawatts. The final annual figures will not be available until the middle of the year.

    The new installations correspond to a growth of 30 to 39 percent compared to 2019. According to Swissolar, the number of registrations at the Pronovo certification and funding agency suggests that the growth not only occurred in small systems, but also in those with an output of over 100 kilowatts.

    From the point of view of the association, however, more needs to be done. "In order to replace the nuclear power that is no longer available and to cover the additional electricity demand for the electrification of traffic and heating, the annual expansion must be increased to around 1500 megawatts over the next few years – almost four times as much as last year," said Swissolar CEO David Stickelberger quoted. This is also provided for in the recently published Energy Perspectives 2050+ by the Federal Office of Energy.

    From the perspective of the solar industry, a number of political measures are required to achieve this. Greater support for systems without self-consumption is therefore necessary. This requires state incentives so that the roofs of stables, warehouses, parking lot canopies, noise barriers and other infrastructures are equipped with solar systems. Often this is not the case because the electricity cannot be consumed on the spot. Further measures are the obligation to generate electricity for new buildings, the removal of hurdles in the construction of open-space systems, which often only get a building permit with difficulty.

    From Swissolar's point of view, there is also a need for federal and cantonal funding for solar thermal systems. The contribution of solar heating to the energy transition is still underestimated.

  • Implenia sees itself in a good position

    Implenia sees itself in a good position

    According to a message from Implenia , the construction and real estate company from Dietlikon generated sales totaling CHF 2.99 billion in 2020. In the previous year, sales of 4.43 billion Swiss francs were posted. The operating result at EBIT level fell year-on-year from CHF 63.5 million to CHF -146.8 million. A loss of 132.1 million francs was reported as the consolidated result; in 2019, a profit of 33.9 million francs had been realized.

    The order backlog remained at a high level at CHF 6.39 billion and is also well distributed across business areas and markets, Implenia writes in the press release. More than 80 percent of the sales targeted for the current year are already secured. In the current year, the company intends to be back in the black.

    The return to the profit zone should be achieved through restructuring in the portfolio and measures for profitable growth. Implenia writes that the company has already started to reduce business areas that are not part of its core business or that are unprofitable. For profitable growth, "an effective management of opportunities and risks was introduced".

    Implenia wants to report an EBIT of at least 100 million francs in the current year. At the corresponding rate, the target is 2.8 percent. In the medium term, an EBIT margin of 4.5 percent should be achieved.

  • Plazza defies the pandemic

    Plazza defies the pandemic

    Plazza AG achieved a very positive result in 2020 and exceeded its own expectations, writes the Zurich real estate company in a press release . Specifically, the company, which has been listed on the SIX since 2015, was able to increase its property income from CHF 24.3 million in the previous year to CHF 24.6 million in the year under review. At the same time, the operating result before depreciation and revaluation increased from 18.9 million to 20.0 million francs.

    The profit was 63.3 million francs, compared to 36.7 million francs in the previous year. The increase is primarily due to success in revaluations, explains Plazza in the press release. Without taking them into account, the profit remained unchanged from 2019 at 17.0 million francs.

    Plazza cites the high proportion of residential properties in its own portfolio as the background for the good developments. It was unchanged at 73 percent in the year under review and will continue to rise this year through the purchase of 80 apartments in the Tiergarten estate in Zurich's Friesenberg district, the statement said. According to her, none of the apartments managed by Plazza had been vacant by the end of 2020. Overall, the real estate company was able to reduce its vacancy rate year-on-year from 4.0 to 3.7 percent. The company writes that it mainly affects free commercial space.

    For the current year, Plazza is aiming for an operating result before depreciation and revaluation "at least in the order of 2020". Subject to the building permit expected in the first half of the year, the first stage of the development project in Crissier VD is to be tackled. The construction of a nursing home for a foundation and a primary school for the community of Crissier were agreed in the reporting year.

  • Sika sets new standards in the recycling of concrete

    Sika sets new standards in the recycling of concrete

    According to a message from Sika , the Zug-based building materials group has "developed a new, groundbreaking recycling process for old concrete". With the help of additives, the demolition material is broken down into its components pebble, lime and sandstone. In addition, around 60 kilograms of CO2 per tonne of old concrete would be bound, writes Sika.

    "In the five largest EU countries alone, around 300 million tons of old concrete are produced annually," Sika CEO Paul Schuler is quoted in the press release. "By completely recycling, up to 15 million tons of CO2 emissions can be saved."

    The new process allows the complete recycling of concrete waste, explains Sika in the press release. Conventional processes, on the other hand, have only made it possible to recycle around a third of the raw materials recovered. The new concrete obtained in the reCO2ver process, on the other hand, comes close to that of new concrete in terms of quality.

    According to Frank Hoefflin, reCO2ver is a unique method in the industry for recycling old concrete. "We are already working on developing chemical additives and means to continuously improve quality in order to further advance the industrialization of our technology," explains the head of technology at Sika in the message.

  • Asking rents continue to rise

    Asking rents continue to rise

    The monthly rent index compiled by the digital real estate marketplace homegate.ch from TX Group in cooperation with Zürcher Kantonalbank closed at 115.6 points in February. Compared to the previous month, the prices for advertised rents have risen by an average of 0.17 percent, explains homegate.ch in a corresponding message. At the beginning of the year, too, prices had risen by an average of 0.17 percent. An increase in rental prices of 0.96 percent has been observed over the past twelve months.

    In a monthly comparison, rents have risen in most cantons, writes homegate.ch. The sharpest increase in asking rents was registered in February in the canton of Schaffhausen, at 1.37 percent. In Zug and Glarus, asking rents also increased at an above-average rate of 0.84 and 0.69 percent, respectively. On the other hand, declines were measured in the cantons of Graubünden, Geneva and Ticino with values between -0.48 percent and -0.19 percent.

    Homegate.ch makes different developments in the cities. The biggest increase was measured in a month-on-month comparison with 0.78 percent in Lugano. The asking rents in Lucerne and St.Gallen each increased by 0.20 percent compared to January. In Lausanne, Geneva and Bern, however, rents fell between 1.18 and 0.49 percent.

    In the quality-adjusted recording of rental price changes for the rental index, the rental prices are corrected for the different quality, location and size of the apartments. This makes it possible to record the actual rental price development, it says in the message.

  • GuestReady teams up with Airhosted

    GuestReady teams up with Airhosted

    In the past four years, GuestReady has established itself as a specialist in six countries with its services for providers of short-term rentals, explains a report on Startupticker.ch. Despite severe setbacks during the coronavirus pandemic, the start-up from Appenzell Ausserrhoden managed to raise “fresh funds” through a swarm financing campaign at the end of 2020. She wants to use GuestReady for the development of the Swiss market. "Switzerland has become even more exciting for us due to Corona and the effects on travel behavior," Alexander Limpert, co-founder of GuestReady, is quoted in the report.

    To realize the plans, GuestReady is working with the Zug start-up company Airhosted . The company manages short-term rentals in a total of 18 cities in Switzerland and aims to bring this specialist knowledge to bear in the partnership. GuestReady, in turn, will equip the partner “with the necessary technology” and the specialist knowledge to also win real estate companies and other corporate customers.

    The two partners want to be able to look after 500 properties in Switzerland by the end of next year. "Thanks to more local guests, classic destinations in the mountains in particular are already showing higher occupancy rates again," explains Limpert in the article. "In addition, the number of vacation rental owners who want a professional rental service is increasing."

  • Excellent designs adorn the photovoltaic facade of the NEST

    Excellent designs adorn the photovoltaic facade of the NEST

    Students at the Lucerne University of Applied Sciences have made design objects out of photovoltaic modules. They are to be installed on the facade of the NEST research and innovation building on the campus of the Eidgenössische Materialprüfungs- und Forschungsanstalt ( Empa ) in Dübendorf. In a competition, students from the two university departments of Design and Art as well as Technology and Architecture at the Lucerne University of Applied Sciences and Arts (HSLU ) were invited to present their designs. The works of art were created as part of a two-week interdisciplinary block event, according to an Empa media release.

    A six-member jury selected the design entitled "Crystal Clear" by Lynn Balli as the winner. Her eight motifs can be seen on the modules that will be installed on the facade of NEST in summer 2021. The design convinced the jury with "the elegant emphasis on the dynamics of glass and the successful implementation with eight individual works of art".

    The jury was made up of executives from Empa, HSLU and Zug Estates . The audience award was won by Florence Schöb's “Vernetzt” project.

    NEST is the joint research and innovation building of Empa and the water research institute Eawag . Construction and energy technologies and materials are tested in the modular building. This is intended to promote the sustainable use of resources and energy.