Author: immovestuser

  • Power generator continues to invest in flexible energy production

    Power generator continues to invest in flexible energy production

    According to a statement,Alpiq achieved net sales of CHF 5,920 million in 2025. In the previous year, this figure was CHF 6,366 million. Adjusted earnings before interest, taxes and depreciation amounted to CHF 572 million, CHF 310 million less than in the previous year.

    The Lausanne-based electricity producer attributes the significant decline primarily to the unplanned outage of the Gösgen nuclear power plant, in which it holds a 40 per cent stake. The nuclear power plant has been off the grid since May 2025 due to the modernisation of its water supply system. Energy trading generated a negative result of CHF 35 million in 2025. In the previous year, it had achieved a positive result of CHF 30.1 million.

    Alpiq’s financial position is strong, with an equity ratio of 61 per cent. The company is therefore focusing on further investments in its growth areas and is paying a dividend of CHF 230 million.

    “We are positioning Alpiq for the future: our strategy is focused on flexibility, modernising power plants and customer-oriented energy solutions,” CEO Antje Kanngiesser is quoted as saying in the press release. “This will consolidate our contribution to the future of energy in Europe.”

  • Building materials industry records profitable growth

    Building materials industry records profitable growth

    According to a statement, the Zug-based building materials group Holcim achieved annual sales of CHF 15.7 billion in 2025, representing growth of 3.0 per cent in local currency. Recurring EBIT (earnings before interest and taxes) rose to CHF 2.88 billion (10.3 per cent). The recurring EBIT margin improved by 80 basis points to an “industry-leading” 18.3 per cent. Earnings per share before impairment and disposals increased by 5.0 per cent to CHF 3.22. There were sharp declines in consolidated profit (-73.4 per cent to CHF 387 million) and earnings per share (-73.1 per cent to CHF 0.70). This was “characterised by a non-cash effect caused by exchange rate changes on the divestment of Holcim’s business in Nigeria”.

    Profitable growth accelerated particularly in the fourth quarter. Recurring EBIT increased by 12.2 per cent to CHF 601 million in local currency. Quarterly sales amounted to CHF 3.82 billion, representing growth of 3.4 per cent in local currency.

    By product line, Building Materials recorded organic sales growth of 5.1 per cent to CHF 11.56 billion. Building Solutions, on the other hand, posted an organic sales decline of 1.6 per cent to CHF 5.85 billion.  Regionally, Europe saw a decline in sales (organic -2.4 per cent), while recurring EBIT rose by 7.4 per cent to CHF 1.47 billion. The margin was 17.0 per cent. In Latin America, sales grew organically by 4.9 per cent to CHF 3.09 billion, while recurring EBIT declined slightly by 0.5 per cent organically. In Asia, the Middle East and Africa, sales grew organically by 10.0 per cent to CHF 3.62 billion. Recurring EBIT rose organically by 20.5 per cent, with the margin reaching 24.6 per cent.

    An important growth driver for Holcim in 2025 was the 21 transactions completed, 18 of which had a value-enhancing effect. In the announcement, CEO Miljan Gutovic thanked the 45,000 employees: “Together, we have achieved all our goals for 2025.” For 2026, the Group expects organic revenue growth of 3 to 5 per cent and an organic increase in recurring EBIT of 8 to 10 per cent. The company also expects a further improvement in the recurring EBIT margin.

  • Federal government conducts consultation on location promotion

    Federal government conducts consultation on location promotion

    The Federal Council has opened a consultation process on the message on location promotion for the first time. According to a statement, it is set to run until 1 June 2026. The Federal Council is submitting five financing decisions to Parliament for the years 2028 to 2031, with a total volume of CHF 392.21 million. Location promotion is to be carried out through SME policy, tourism policy, regional policy, export promotion and location promotion.

    The focus is on three key areas of location promotion: reducing the administrative burden on SMEs through digitalisation, facilitating SMEs’ access to international markets and, finally, strengthening the regions economically. Among other things, the expansion of the EasyGov.swiss platform will create a marketplace for digital services provided by the federal government and the cantons. With regard to international markets, the federal government supports export-oriented companies with information, advice and the use of export risk insurance. In the area of regional location promotion, the federal government supports tourist destinations and economic projects in rural areas, mountain regions and border regions.

    Despite the high budget, planning shows a decline of 5.2 per cent compared with the previous period, taking into account the special Covid and recovery payments and the 2027 relief package.

  • Building services engineering group expands in Engadin

    Building services engineering group expands in Engadin

    The Burkhalter Group has acquired Caotec SA, based in Brusio, which specialises in heating, ventilation, air conditioning and sanitation technology (HVAC). The acquisition of Caotec SA will enable the Burkhalter Group to provide HVAC services in the Upper and Lower Engadine and Valposchiavo regions in future.

    According to a statement, the acquisition is also part of the Burkhalter Group’s targeted acquisition strategy, which already saw it acquire Gattiker Elektro GmbH in Uster, Canton of Zurich, and Mathieu Ingenieure AG in Visp, Canton of Valais, in 2025.

    The newly acquired Caotec AG employs 17 people and most recently generated annual sales of around CHF 4.9 million. The company will continue to operate as an independent group company of Burkhalter Holding AG under the current management of Dario Cao. The name Caotec SA will be retained and all employees will be taken on.

    The Burkhalter Group is a full-service provider of cross-trade building technology, particularly in the areas of heating and cooling, ventilation and air conditioning, sanitation and electrical engineering. The group is headquartered in Zurich.

  • Architect takes over operational management of the company

    Architect takes over operational management of the company

    fsp Architekten AG has appointed Raman Misinovic as its new Chief Operating Officer. Together with CEO and owner Christoph Kaech and Selim Manjusak, Chief Digital Officer and Chief People Officer, he will be responsible for the strategic and operational development of the company, according to a press release. Misinovic previously spent several years as a project and team leader at fsp and later worked as an independent architect.

    “Raman has known us for many years,” the press release states. “His architectural experience, entrepreneurial vision and understanding of integrated processes shape his work. In recent years, he has further honed these perspectives and is now bringing them to bear in his new role at fsp.”

    Raman Misinovic completed his bachelor’s degree in architecture at the Zurich University of Applied Sciences (ZHAW) in 2012. He then continued his education at the University of Applied Sciences and Arts Northwestern Switzerland (FHNW) and Stanford University, receiving his master’s degree in virtual design and construction and digital building from the FHNW in 2016.

    Misinovic worked as a project and team leader at fsp between 2013 and 2021. He later worked as an owner and independent architect at RAUMKO GmbH and IMMOMIS GmbH. He now wants to contribute his in-depth knowledge of architecture, organisation and processes to the management of fsp Architects. “Together with Christoph Kaech and Selim Manjusak, we are shaping the further development of fsp – networked, entrepreneurial and with a clear commitment to quality and cooperation,” he explains in a statement.

  • Decarbonisation will rely on heat pumps in the future

    Decarbonisation will rely on heat pumps in the future

    The National Sports Centre in Magglingen will not be heated with heat from deep underground in future. According to a statement, the Federal Office for Buildings and Logistics (BBL) is discontinuing the project. The subsoil proved to be too complex. Deep drilling would therefore incur higher costs than forecast.

    The FBL launched the geothermal project in 2018. Studies had identified potential for hot water at a depth of 1,500 to 2,000 metres in 2023. The intention was to exploit this potential as early as 2029.

    However, the BBL is sticking to its intention to decarbonise the sports centre’s heat supply. To this end, it plans to use geothermal energy closer to the surface and heat pumps. These are to replace natural gas and wood pellets as the main heat suppliers. However, this is not likely to be possible until 2031 at the earliest, according to the press release.

  • Spatial planning is taught in a practical manner in the classroom.

    Spatial planning is taught in a practical manner in the classroom.

    Planning officials from Baden Regio initiated a spatial planning project with students from the Wettingen Cantonal School in autumn 2025. According to a recent announcement, the planners designed three lesson blocks in the specialised subject of humanities and social sciences. Working methods and planning tools were presented, and opportunities for public participation were explained.

    In practical projects, students analysed their immediate school environment and then developed proposals for the design of the western part of the monastery peninsula. In further lessons, the young people worked with their teachers to explore different housing concepts, housing needs and their influence on urban development. The focus was on social components.

    “The practical perspective and in-depth expertise of the speakers from Baden Regio opened up valuable new perspectives for both the pupils and the teachers,” said Oliver Schneider, a teacher at the Kantonsschule Wettingen, in the press release. “The lively interplay between theoretical principles and their direct application to a concrete example made the topic of spatial planning tangible and easy to understand. This aroused curiosity, promoted networked thinking and encouraged the students to look beyond their usual boundaries.”

    Those involved from Baden Regio and the teaching staff noted that it was striking how important the coexistence of people was to the pupils.

  • Transformation into an indoor climate specialist is proving effective

    Transformation into an indoor climate specialist is proving effective

    According to a statement, the Zehnder Group increased its turnover by 8 per cent to €760.7 million in the 2025 financial year. The ventilation segment in particular recorded strong demand, while turnover in the radiator segment continued to decline. The Group’s EBIT (earnings before interest and taxes) grew by 348 per cent to €63.4 million. In the previous year, one-off effects amounting to €35.9 million as a result of targeted portfolio adjustments and production relocations had weighed on earnings. Net profit in 2025 was €47.8 million, following a net loss of €2.4 million in the previous year. Operating cash flow also improved significantly to €80.0 million.

    The ventilation segment was a particular growth driver. Its sales rose by 18 per cent to €501.7 million in 2025. The acquisition of Siber in 2024 contributed around 5 per cent to growth in the segment. The ventilation segment’s share of total sales thus increased to 66 per cent, up from 60 per cent in the previous year. In regional terms, sales in the EMEA region (Europe, Middle East, Africa) rose by 23 per cent to €403.3 million, and in North America by 7 per cent to €76.1 million. In Asia-Pacific, however, sales fell by 10 per cent to €22.3 million.

    The radiator segment, on the other hand, recorded an 8 per cent decline in sales to €259.0 million. Its share of total sales fell from 40 to 34 per cent. The main reasons for this were weaker renovation activity in Europe and a trend towards cheaper radiator models.

    Zehnder expects demand for energy-efficient indoor climate solutions to continue to grow in the current financial year. Following its accelerated transformation from a radiator manufacturer to a leading provider of indoor climate solutions, the company intends to consistently exploit opportunities in the ventilation market, according to the announcement. In the medium term, Zehnder expects average annual sales growth of around 5 per cent and an EBIT margin before one-off effects of 9 to 11 per cent.

  • Digitalization in the real estate industry: progress with headwinds

    Digitalization in the real estate industry: progress with headwinds

    The industry’s digital maturity level has fallen slightly in 2025. This is shown by the Digital Real Estate Index 2025: on a scale of 1 to 10, the level of digitalization in the real estate industry currently stands at 4.0 points, a decline compared to the previous year (2024: 4.6 points). There are many reasons for this. Increasing complexity, insufficient data quality, cost pressure. This development affects almost all company sizes and roles, but to varying degrees.

    The digital divide is deepening
    The digital divide is particularly evident when it comes to company size. Although the decline affects all categories, small companies in particular are struggling the most with the cost and financing of digitalization. Medium-sized and large companies are able to maintain their lead to some extent.

    Changing roles
    There are major differences between the various roles. Facility management service providers and property managers were even able to slightly increase their digital maturity. The situation is different for planners, construction companies, owners and investors: Here, disillusionment is spreading with regard to digital maturity. In particular, the consistent use of Building Information Modeling (BIM) across the entire life cycle remains a major challenge. In turn, users and tenants are more critical of their digital maturity than in the previous year.

    Perceived stagnation instead of a spirit of optimism
    The industry’s perception is increasingly in line with the measured values. An increase in critical assessments could already be observed in the previous year. This trend is even more pronounced this year. The majority of respondents speak of stagnation rather than major progress.

    Technologies: Benefits recognized, limited use
    Artificial intelligence has found its place in the industry’s consciousness. In the ranking of the most useful digital technologies, Artificial Intelligence & Machine Learning occupies third place. Given the rapid development and increasing presence of AI in the form of Large Language Models (LLM), this is hardly surprising. However, actual use is lagging behind: not even a fifth of respondents are already using the technology. The situation is similar for data analytics. The industry also sees great benefits in this area and is making efforts to increase its use, but the potential has still not been exhausted. Platforms and portals remain the frontrunners among the technologies.

    Conclusion: Maturity also means reflection
    The current decline in digital maturity does not mark a step backwards, but rather a phase of classification. This is because the real estate industry has recognized that digital maturity does not come from buying tools, but from their measurable benefits. An initial digitalization push is followed by disillusionment, triggered by high integration costs, a lack of standards and inadequate data strategies. At the same time, companies’ understanding of their own level of maturity has grown.

    As a result, the view has become more critical, but also clearer. There is a growing realization that many digital initiatives fail because they are implemented as pure IT projects and too little attention is paid to organizational and human factors. Without clear governance, appropriate competencies and the consistent involvement of employees, the added value remains limited.

    A more realistic attitude opens up the opportunity to make future steps more targeted, more effective and more successful in the long term. Real progress is made when digital transformation is no longer seen as a project with an end date, but is recognized as a permanent management task.

  • “Insieme” education centers in Sursee

    “Insieme” education centers in Sursee

    The project competition was announced as an open, single-stage and anonymous procedure for general planning teams, with eight teams submitting proposals on time. The jury assessed them according to functionality, cost-effectiveness, sustainability, urban planning and architecture and awarded the contract to the “Insieme” project by Bob Gysin Partner from Zurich. The centerpiece is a new seven-storey building along the railroad line, which makes a clear contribution to urban densification and orients the campus more towards the station.

    Bright learning landscape
    In future, the new main entrances will be oriented more towards the railroad station, thus relieving the existing access through the adjacent residential area. All gymnasiums will be accessible via the newly defined entrance area, which will simplify routing and orientation. The arrangement of classrooms, group rooms, atriums and meeting zones creates a bright, flexible learning landscape that supports different forms of teaching and informal encounters in equal measure.

    Building sustainably, upgrading open spaces
    In terms of construction, “Insieme” relies on a combination of existing buildings and timber construction. With the exception of the basement, the existing building in Wing B is being dismantled and extended with a timber ribbed ceiling to create a six-storey building. The design of the open space responds to the climate heating by shading the existing staircase and enhancing it with additional planting and seating. The edge of the forest will have new recreational areas and loose tree planting, which will significantly increase the quality of the outdoor space.

    Next steps until commissioning
    In the first quarter of 2026, the jury’s comments will be reviewed and the competition project optimized if necessary. The extended facility is currently scheduled to open in 2035. Around CHF 97.4 million has been set aside in the cantonal financial planning for the expansion and partial renovation of the BBZG W in Sursee. An investment in future-proof vocational training and a strong educational location in the region.

  • The way is clear for Wil West

    The way is clear for Wil West

    At the second attempt, the voters of St. Gallen say yes to Wil West. The decision is close, but clear enough to create planning security. The vote shows that the region wants to grow. Bundled, plannable and coordinated across cantonal borders.

    With the sale of the land, St. Gallen is handing over a former estate of the Wil psychiatric clinic to the canton of Thurgau. In future, the economic area will be located entirely on Thurgau soil, but will remain within the immediate sphere of influence of the Will region. This creates a clearer starting position for investments, infrastructure and long-term settlement strategies.

    Concentration instead of urban sprawl
    Wil West stands for a model that keeps many regions busy, enabling economic growth without further urban sprawl. Instead of constantly scattering new commercial zones on the outskirts of towns, the location will in future concentrate companies, services and productive jobs in a location with good transport links.

    The plan is not just any old industrial area, but a modern work location. The aim is to create high-quality businesses that generate added value and skilled jobs without taking up an excessive amount of space. The development potential of the region will thus be utilized. For spatial planning, the project is therefore also an instrument for channeling growth instead of leaving it to chance.

    Infrastructure as a driver of development
    Wil West has a particularly strong impact through its infrastructure. With the project, the federal government, cantons and region are linking the expansion of the highway, public transport and pedestrian and bicycle connections. The planned freeway link to the A1 and better rail and bus connections will make the area attractive for companies and at the same time relieve pressure on the existing town centers.

    Sustainability as a location factor
    The first version of Wil West failed due to concerns such as loss of cultural land, traffic and ecological impact. In the revised version, sustainability plays a much more visible role. More compact construction methods, more careful land use and more green and open spaces are intended to reduce the ecological footprint.
    This is precisely what is becoming a location factor for companies looking to relocate. When choosing a location, more and more companies are looking at energy and land consumption, accessibility without a car and an attractive environment for employees.
    Wil West has the opportunity to set a new standard for work zones if quality assurance, phasing and criteria for settlements are consistently implemented.

    Seize opportunities, manage expectations
    With the yes vote for the proposal, expectations are now also rising. Politics and administration must pick up the pace without falling into a hectic pace. The region needs clear guidelines: which sectors should come? What density is desired? How can development be managed over decades without having to change strategy every time the economy changes?

  • Four axes that are reorganizing the real estate industry

    Four axes that are reorganizing the real estate industry

    Data & AI
    Industry reports see data-driven decisions and AI-based analytics as one of the strongest drivers. From predictive analytics for rents, vacancy rates and capex to automated valuations and AI-supported due diligence and document processing.

    Along the life cycle, this starts with land acquisition and project development (location scoring, risk and scenario models) and extends to operations and portfolio management (predictive maintenance, portfolio optimization, dynamic price and space management).

    Decarbonization and ESG
    Net-zero targets, taxonomy rules and ESG investing make green proptech a cluster in its own right. Smart building systems, IoT sensor technology and ESG data platforms measure emissions, energy and resources, automate reporting obligations and support refurbishment and investment decisions.

    This has a social impact through stricter regulation and investor pressure, and an economic impact through the growing difference in value between stranded assets and climate-friendly stocks. From carbon screening when purchasing land to decarbonization roadmaps for ongoing operations.

    User experience and flexibility
    Digital tenant experience, hybrid working models and flexible residential and commercial spaces are considered a core trend. Mobile access, self-service portals, real-time communication and dynamically bookable, usage-based spaces are required.

    Throughout the life cycle, this shifts the focus to user-centric concepts and mixed use right from the planning stage and requires platforms for booking, community building and personalized services during operation, which directly changes the value creation logic of properties.

    Platform ecosystems
    Many sources see a move away from isolated stand-alone solutions towards networked platforms in which data, processes and services from different players converge. Open interfaces and integrations are seen as the most important requirement on the part of developers and operators.

    Economically, this creates new platform operators, while socially, transparency, power and role models are shifting. From land purchase CRM and development tools to operating and ESG platforms that digitally connect the entire lifecycle.

  • First consultation on location promotion

    First consultation on location promotion

    For the first time, the dispatch on location promotion will be submitted to a consultation procedure, which will run until 1 June 2026. For the years 2028-2031, the Federal Council is requesting five financing decisions amounting to CHF 392.21 million, compared to CHF 428.83 million in the period 2024-2027. The instruments remain the same: SME policy, tourism policy, regional policy, export promotion and location promotion. The bottom line is that the budget, adjusted for special Covid payments and the 2027 relief package, will fall by around 5.2 percent.

    Easing the digital burden on SMEs
    One focus is on easing the administrative burden on SMEs by expanding digital government services. The core component is Easy-Gov.swiss, which is to be further developed into a marketplace for digital services from the federal government and cantons and positioned as a standard infrastructure for a “digital government” for companies. The aim is to simplify procedures, reduce duplication and ensure more efficient cooperation between the administration and business.

    Access to international markets
    Export promotion should provide SMEs with targeted support when entering new foreign markets and expanding existing ones. In an environment with increasing export hurdles and volatile framework conditions, there is a greater focus on information, advice, risk diversification and export risk insurance. At the same time, SMEs should be able to make better use of the opportunities offered by new and existing trade agreements.

    Strengthening regions as economic and living spaces
    The federal government wants to support economic development in all parts of the country with its location promotion. It promotes tourism destinations and economically oriented projects in rural and border regions. This enables them to remain attractive places to live and work. In this way, the Federal Council combines growth impulses for SMEs with balanced regional development.

  • Tour Invictus new face for Fribourg

    Tour Invictus new face for Fribourg

    The Tour Invictus marks a turning point in Fribourg’s urban development. It increases the density of living space upwards instead of continuing to grow outwards. The project is a response to scarce land, changing household structures and an ageing population.

    At the same time, the tower raises the question of identity. How much “high-rise” can a medium-sized Swiss city tolerate? The building will be visible from the city and from afar. It will thus become a symbol of a new phase of urban development that rebalances density, mobility and quality of life.

    New forms of housing instead of classic perimeter blocks
    The mix of uses is clearly geared towards housing, but is finely graduated internally. On the lower floors, there will be apartments suitable for the elderly with assisted living facilities. On the upper floors are privately financed condominiums with expansive views and a high quality of living.

    This vertical mix replaces the classic perimeter block with separate buildings for different target groups. It brings people with different lifestyles together in the same building. For operators, owners and urban planners, this opens up new options for services, neighborhood connections and community building.

    Creating quality of stay
    A tower of this height always provokes the same question. Will density become a burden or a quality? The decisive factor is the design of the transitions. The street level, first floor and surroundings must maintain the scale for pedestrians. Green outdoor spaces, a clear address and legible entrances determine whether the tower is perceived as a foreign body or as a natural part of the neighborhood.

    What counts inside is the sense of spaciousness. Daylight, room heights, private outdoor spaces and views are the counterbalance to the large number of units. Where open spaces are deliberately moved indoors, for example with communal rooms, roof terraces or usable arcades, identification is created instead of anonymity.

    Opportunities for the city
    For the city of Fribourg, the Tour Invictus is both an opportunity and a test case. It shows how investors, planners and authorities deal with densification targets. The handling of traffic, development, shading and the neighborhood will be closely monitored. If the project is successful, it will strengthen the acceptance of further vertical densification.

    At the same time, the area of tension remains visible. A high-rise triggers discussions about the skyline, character and social mix. Managers in administration and the real estate industry are called upon to actively moderate this debate. Clear narratives are needed as to why density does not mean sacrifice, but rather enables new forms of urbanity.

  • New white paper: ‘’Cooling buildings efficiently’

    New white paper: ‘’Cooling buildings efficiently’

    Although the impact of climatic changes differs depending on the location and use of the building, in future almost every residential and office building will require cooling. Anyone planning a new build is well advised to carry out an analysis of exterior and interior comfort levels, define summer heat insulation requirements and maximum acceptable interior temperatures, and request proof of thermal comfort. For existing buildings that don’t meet current or future requirements in summer, there are other viable measures that can be implemented.

    With comfortable indoor temperatures increasingly considered a criterion for rentability, it makes sense for property owners to invest in climate control for their properties. Buildings with a high level of climate comfort are future-proof, their market value increases and they usually attract higher rental income.

    The new white paper, ‘Cooling buildings efficiently’ (23 pages), shows how we can build or renovate properties today to ensure they continue to offer a high level of comfort in the climate of the future.

  • Urban change on the Wellis site

    Urban change on the Wellis site

    One of the region’s most exciting transformation areas is located between the railroad station and the old town. Halls, warehouses and work yards are being transformed into an urban quarter with its own character. The area thus plays a key role as the gateway to Willisau.

    The area is roughly the same size as the historic old town. The previously closed production site is being transformed into an open piece of town. Paths, squares and open spaces will connect the station, the old town and the district. The previous barrier will become an urban interface.

    Mixture instead of monofunction
    The development clearly focuses on a mixture of uses. Several hundred apartments of different sizes and typologies are planned, supplemented by areas for commerce, services and local amenities. Living, working, shopping and leisure are moving closer together.

    It creates frequency throughout the day, increases the utilization of the infrastructure and reduces dependency on a single type of use. At the same time, it opens up scope for new forms of work, small-scale service providers and local suppliers.

    Identity from the industrial past
    The Wellisareal remains recognizable as a place. Parts of the existing building fabric will be preserved and used for new purposes. The industrial character not only provides history, but also identity. It clearly distinguishes the district from green meadow developments on the outskirts of the town.

    New buildings complement the existing buildings without covering them up. A high point marks the area in the silhouette of Willisau. The decisive factor here is not the height alone, but the effect in the urban space. This creates an image that remains anchored in the perception of residents, visitors and investors.

    Open space as a location factor
    The project consistently combines density with open space. Generous green spaces, trees, squares and paths structure the quarter and ensure a quality of stay. Instead of the inner courtyard as a residual area, the open space is at the center of the concept.

    For future users, this is more than just a matter of comfort. Shaded recreational areas, well thought-out outdoor spaces and differentiated microclimates are becoming hard location factors. They influence rentability, image and long-term value development. A robust open space concept also supports the adaptability of the neighborhood over its life cycle.

    Rebalancing mobility
    The location directly next to the train station and close to the old town allows for a low-traffic approach. Priority is given to pedestrians and cyclists, with public transport services within walking distance. The project deliberately reduces the number of parking spaces and focuses on alternative forms of mobility.

    For local authorities and investors, this means less land consumption for cars, more space for value creation and quality of life. At the same time, there is increasing pressure to think of mobility as an integrated offer. From sharing solutions to logistics and neighborhood services.

  • New CKW headquarters strengthens Emmen

    New CKW headquarters strengthens Emmen

    With the “EnergiePark Emmen” project, CKW intends to further develop its existing site on the Reussinsel. The centerpiece is a new plant building for the Grids and Building Technology divisions, including a grid base for the construction, operation and maintenance of the electricity grid in the greater Lucerne area. The employees previously based in Reussbühl will thus have modern workplaces in Emmen, and processes will be bundled in terms of space and organization.

    Commitment to Emmen and more jobs
    The Reussinsel is CKW’s historic place of origin, where the first power plant went into operation in 1894. With the planned relocation of its headquarters, CKW is building on these roots and making a long-term commitment to the Emmen site. The number of employees on the Reussinsel will increase from around 600 today to around 1,000, which will generate additional tax revenue and strengthen the economic development of the municipality.

    Careful planning and inward densification
    The guideline project was developed in a planning process lasting several years with the municipality of Emmen and a study contract with five planning teams. The “Compakt” project by Penzel Valier AG with Maurus Schifferli Landschaftsarchitekten was selected for its urban planning quality and sensitive integration into the landscape. The project consistently focuses on inward densification. The valuable natural space on the Reussinsel remains untouched and additional buildings are only planned as a long-term reserve.

    Traffic, development and next steps
    An important part of the project is the development and traffic management. Mobility measures are planned together with Emmen and Ebikon, including a new bus stop in the Rathausen area, adjustments to the road infrastructure and mobility management with trip caps and balanced traffic distribution. Based on the indicative project, the municipality of Emmen is now drawing up the development plan with the active involvement of the local population. According to the current timetable, concrete construction projects could be approved and implemented from 2030.

  • New president elected for regional energy supplier

    New president elected for regional energy supplier

    According to a statement issued on 25 February, Limeco’s Board of Directors has been reconstituted for the term of office until 2027. It has elected Rolf Schaeren as its new Chairman. Schaeren will take up his post on 1 May. Schaeren was Chief Financial Officer of the City of Dietikon from 2006 to 2022.

    He is a professor of accounting and financial management at the University of Applied Sciences and Arts Northwestern Switzerland. He has been a member of the Board of Directors of Elektrizitätswerke des Kantons Zürich (EKZ) since 2014 and has chaired it since 2021.

    Schaeren succeeds Stefano Kunz. The Schlieren building committee member served on the board of directors for twelve years.

    “Limeco plays a central role in the region’s energy and waste disposal supply,” Schaeren is quoted as saying in the announcement. “I am very much looking forward to continuing Limeco’s successful development together with my colleagues on the Board of Directors and tackling future challenges in the interests of the supporting municipalities.”

  • Solar project combines own electricity and regional investment

    Solar project combines own electricity and regional investment

    According to a press release, the Schloss Turbenthal Foundation is enabling private individuals and companies to participate in its new solar power plant. This plant is being built on the roofs of the village for the deaf. With 150 solar modules, it is expected to generate 66,000 kilowatt hours of electricity per year. Half of the electricity will be consumed by the foundation itself.

    A large battery with a capacity of 100 kilowatts will allow electricity to be stored on days when there is plenty of sun and little demand. This electricity can then be accessed later by both the foundation and the grid company Swissgrid as balancing energy.

    Private individuals and companies can participate in the plant via the solarify.ch platform. They receive quarterly payments on their investment. “With this project, we are making a concrete contribution to sustainability and enabling the participation of the population from the region,” Marc Basler, general manager of the Schloss Turbenthal Foundation, is quoted in the press release.

    Solarify GmbH, based in Bern, is also responsible for project management, operation, insurance and maintenance of the plant, as well as electricity marketing.

  • Society for affordable housing aims to create permanently affordable living space

    Society for affordable housing aims to create permanently affordable living space

    The new real estate company GEW aims to raise private capital for permanently affordable housing for people with low to medium incomes in Switzerland. GEW was founded in December 2025 against the backdrop of an increasing shortage of affordable housing in Switzerland, according to a press release. It will develop, build, acquire and operate residential properties with rents in the affordable segment of the local market, which are to be below the 50th percentile in the respective municipality.

    GEW aims to contribute to social stability in Switzerland through its work. Rising rents, a lack of building land reserves, restrictive regulations and high land and construction costs have meant that housing production can no longer keep pace with demand. “When housing becomes a concern, new answers are needed,” said Reto Brüesch, Managing Director of GEW, in the press release. “We are convinced that the private sector can and must take on part of the responsibility with entrepreneurial thinking and a clear focus on the common good.”

    The GEW model is based on three pillars: efficient development and construction, cost-effective operation and low capital costs due to low risk. This creates an economically viable approach that combines affordable rents with entrepreneurially responsible investments. “Investing in GEW creates affordable housing in Switzerland while also generating a fair return and a positive social impact,” explains Daniel Kusio, Chairman of the Board of Directors of GEW. He is supported on the Board of Directors by real estate economist Donato Scognamiglio and Balz Halter, Chairman of the Board of Directors of the Halter Group.

    While municipalities can use GEW to create affordable housing without excessive financial burden, owners benefit from transparent models such as sale, building rights or contributions in kind. Investors, in turn, gain access to a long-term investment with a stable income structure.

  • Property portfolio grows despite stable income

    Property portfolio grows despite stable income

    The real estate company PSP Swiss Property has announced its 2025 business results. Property income reached 349.2 million, down 0.2 per cent on the previous year’s result. On a like-for-like basis, however, growth of 1.3 per cent was achieved, mainly due to index adjustments. Profit excluding property gains amounted to 225.4 million, or 4.91 Swiss francs per share. Net profit rose by 8.9 per cent to CHF 408.5 million, mainly as a result of higher portfolio revaluations of CHF 231.1 million. Earnings per share increased to CHF 8.91 and the dividend per share to CHF 3.95.

    The portfolio value rose to CHF 10.1 billion at the end of 2025, with 150 investment properties and ten development properties. The revaluation was mainly driven by successful lettings in high-street retail in Zurich and rising market tenant expectations in prime locations. The vacancy rate was 3.5 per cent. The average remaining term of leases (WAULT) was 4.9 years, and 5.3 years for the largest tenants.

    Overall, the Swiss market for commercial properties remained stable, according to the report. In 2025, high-quality office space in central locations was in particular demand. In Geneva and Zurich, demand for city centre locations remained high, while the markets in Bern and Lausanne remained stable. In Basel, the oversupply of office space continued. The investment market picked up over the course of the year thanks to moderately falling interest rates and improved financing conditions.

    PSP expects the market to continue to develop positively in 2026, with stable rental demand in its core business. According to the company, low interest rates are likely to support the transaction market, while high-quality properties remain in short supply. The company therefore intends to invest selectively, exploit opportunities with long-term value growth potential and continue its shareholder-friendly dividend policy.

  • Thun North is developing into a new district

    Thun North is developing into a new district

    The future new district of Thun North is one of the four most important cantonal development priorities and the most important in the Bernese Oberland, according to a statement from the city of Thun. A future-oriented urban quarter and a business location with supra-regional appeal is to be created here on a 60-hectare site. The area will be accessed via a new S-Bahn station.

    Half of the site belongs to Armasuisse Real Estateand half to RUAG Real Estate AG. In 2025, the city of Thun conducted a so-called workshop process with them and BLS for the core area around the planned railway station. Three interdisciplinary teams worked with experts and various stakeholders to develop proposals. From these, an advisory committee derived key parameters for further development.

    The basic framework of the new district is to be formed by open spaces. This will be characterised by the Aare river, the roads, the railway area and the townscape. The existing shed roof hall will form the backbone of the complex. The two landowners want to concentrate their closed industrial sites on the area west of the Alpine Bridge and on the grounds of the textile centre. Mixed uses are planned outside these areas. The Swiss Federal Laboratories for Materials Testing and Research (Empa) will also be one of the key players with its new campus.

    The results of the workshop process will be on display at Thun Town Hall until 6 March.

  • Transformation programme proves effective at access technology specialist

    Transformation programme proves effective at access technology specialist

    Dormakaba generated total sales of CHF 1.362 billion in the first half of the 2025/26 financial year, i.e. up to 31 December 2025, representing a decline of 4.1 per cent compared with the same period of the previous year. While volumes were down, “consistent price realisation” resulted in organic growth of 2.0 per cent, according to a statement. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to CHF 211.9 million, 1.9 per cent less than in the same period of the previous year. The EBITDA margin, on the other hand, increased from 15.2 to 15.6 per cent.

    “In the first half of 2025/26, we continued to consistently implement our transformation and increased our adjusted EBITDA margin. We are on track with the implementation of our strategy and have realised the planned cost savings from our transformation programme ahead of schedule,” CEO Till Reuter is quoted as saying in the press release.

    The company confirms its forecast for the full year 2025/26. Dormakaba expects organic net sales growth of between 3 and 5 per cent, an adjusted EBITDA margin of more than 16 per cent and an adjusted operating cash flow margin of between 11.5 per cent and 12.5 per cent. This margin was 4.5 per cent in the first half of the year, compared with 7.4 per cent in the same period last year.

  • Foundation stone laid for mixed-use building in Frenkendorf

    Foundation stone laid for mixed-use building in Frenkendorf

    According to a statement, Halter AG has laid the foundation stone for the Park3project. Also involved were the client Zurimo “B” Immobilien AG, represented by UBS Fund Management (Switzerland) AG, representatives of Reuter Architekten, the municipality of Frenkendorf and the planning, marketing and implementation teams involved.

    The mixed-use residential and commercial building will be a five-storey structure with an attic, combining living, working and commercial space under one roof. The plot size is 2,607 square metres and the construction costs amount to 14 million Swiss francs. Flexible commercial space will be created on the ground floor, with modern office units on the first floor. The upper floors will feature 22 apartments with 2.5 and 3.5-room floor plans. The project is being developed in an area with good infrastructure connections, which is increasingly gaining urban quality as part of urban development. The site is currently used primarily for commercial purposes.

    The building plans for the project, a UBS annual report and the current issue of the Halter Group’s KOMPLEX magazine were placed in the foundation stone as contemporary documents and permanently anchored in the foundations.

    The focus is now on the construction of the shell, which is scheduled for completion by the summer. The project is scheduled for completion in spring 2027.

    Halter AG is a real estate and construction company operating throughout Switzerland. The company handles a construction volume of around CHF 800 million per year at seven locations and currently has around 320 projects in development and execution.

  • Communities on Lake Zurich strengthen economic networking

    Communities on Lake Zurich strengthen economic networking

    The Gold Coast location promotion agency has published its first annual programme. The association was founded in September 2025 by the eleven municipalities of the Meilen district and the Office for Economic Affairs of the Canton of Zurich.

    According to a press release, members benefit from free participation in events, excursions and background discussions, direct access to decision-makers and increased visibility. The first general meeting will take place on 15 April in Stäfa, Zurich. Dr Moritz Lechner, co-founder and co-chairman of the board of directors of Sensirion, will speak as a guest speaker.

    The press release also mentions a members’ lunch with a workshop visit to Micro Mobility Systems AG in Küsnacht and a members’ morning snack at the Zumikon municipal administration. This will be followed in August by an after-work excursion to Seepark Uetikon, where apartments for around 600 people are being built on the site of a former chemical factory. An excursion to the Zurich Cantonal Council is also planned.

  • Research develops climate-friendly alternative to cement

    Research develops climate-friendly alternative to cement

    The production of cement as a binding agent for concrete accounts for 8 per cent of global carbon dioxide emissions. Researchers from various European universities and institutes are working under the leadership of the Karlsruhe Institute of Technology (KIT) in Germany to develop alternatives to cement. According to a press release, the Zug-based building materials manufacturer Holcim is involved in this research work as part of the European C-SINK project.

    The research focuses on magnesium-containing silicates, which react with CO₂ to form magnesium carbonate in a targeted, accelerated mineralisation process. This additive could be the new binder for concrete, replacing Portland cement clinker. The material is currently being tested in the KIT laboratories with the participation of all parties involved. This involves close integration of simulation, experimental research and large-scale, realistic testing at the Materials Testing Institute in Karlsruhe. “We can use simulations and machine learning to predict which concrete formulations will work,” says Frank Dehn, head of the Institute for Solid Construction and Building Materials Technology and the Karlsruhe Materials Testing and Research Institute at KIT, quoted in the press release. “We then use experiments in a targeted manner to verify these predictions. In this way, we want to develop reliable parameters that show that concrete with the new binder is climate-friendly and meets the requirements for load-bearing capacity, durability and safety.”

    The project is funded by the European Innovation Council (EIC) as part of the Pathfinder programme “Towards cement and concrete as a carbon sink”. In addition to KIT and the coordinating PAEBBL AB (Sweden), the Technical University of Delft (Netherlands), the Catholic University of Leuven (Belgium), the Agencia Estatal Consejo Superior de Investigaciones Científicas and PREFABRICADOS TECNYCONTA S.L. (both Spain) are also involved, with support from Holcim Technology. The project is funded with 4 million euros over a period of four years.

  • New technology extends the service life of old bridges

    New technology extends the service life of old bridges

    The bridges, which were built in the 1980s, are showing increasing signs of fatigue and need to be repaired. Researchers and engineers from the Structural Engineering Department at the Swiss Federal Laboratories for Materials Science and Technology (Empa) in Dübendorf are working on new methods for renovating these bridges. For their experiments, they are using a bridge deck made of ultra-high-performance fibre-reinforced concrete (UHPFRC) reinforced with shape memory steel, according to a press release. This steel is an iron-based steel made from an alloy containing manganese, silicon and chromium, among other elements. The fibre-reinforced concrete is bonded to this steel. When heated, the steel contracts and closes any cracks that have appeared in the concrete.

    The researchers led by Angela Sequeira Lemos and Christoph Czaderski carried out corresponding experiments in Empa’s construction hall. Five concrete slabs, each five metres long, simulate bridge elements. One of these remained unreinforced, while the others were reinforced with conventional reinforcing steel or shape memory steel. For the test, cracks were made in the slabs to simulate real-life wear conditions. The results showed that the combination of fibre-reinforced concrete and shape memory steel was more effective. It was able to close cracks and lift sagging bridge sections. “We were able to show that our system not only works, but can actually revive existing bridges,” Angela Sequeira Lemos is quoted as saying in the press release.

    The research project was funded by Innosuisse and supported by OST– University of Applied Sciences of Eastern Switzerland, re-fer, a spin-off of Empa in Seewen, and the Swiss Cement Industry Association cemsuisse. A practical test on a real bridge could spark interest from industry. “And with increasing demand, material costs are also likely to fall – then this technology could bring about lasting change in bridge renovation,” Sequeira Lemos is convinced.

  • Construction site for retirement home in Schlieren to be set up in March

    Construction site for retirement home in Schlieren to be set up in March

    From the beginning of March 2026, the construction site for the new Schlieren retirement home “Wohnen am Stadtpark”will be visible to the public. Preparatory work will then begin there. Two appeals had led to a one-year delay, but these were withdrawn in December 2025. The legal proceedings have now been concluded. According to a statement from the city of Schlieren, the construction site can now be set up and the initial construction and preparatory work can begin. The official ground-breaking ceremony is scheduled for April 2026. Construction work is expected to be completed by the end of 2028.

    As construction begins, the playground on the western edge of the city park will also be dismantled starting in early March. According to the city, a new municipal playground is already being built at Stürmeierhuus. It is scheduled to be completed in April.

    In the referendum on 12 March 2023, a loan of CHF 44.32 million for the construction of the new retirement home was clearly approved with 76.6 per cent voting in favour. As the city emphasises, it makes “an important contribution to ensuring modern, needs-based care and nursing for the elderly close to their homes”.

  • Cooperation aims to secure landfill capacity in the long term

    Cooperation aims to secure landfill capacity in the long term

    The cantons of St. Gallen, Thurgau and Schaffhausen are working together to plan new landfills for slag from waste incineration plants, according to a statement from the Department of Construction and Environmentof the Canton of St. Gallen. Over the next two years, the waste management authorities of the three cantons will develop a coordinated plan that identifies the need for landfill volume and landfill sites. The aim is to ensure secure waste disposal for the next 30 years and to exploit economic and ecological advantages.

    The starting point for the collaboration is the foreseeable shortage of suitable landfill volume. The incineration of waste in waste incineration plants produces waste incineration plant slag that cannot be further recycled and must be stored in specially secured type D landfills. Such facilities are in short supply both in the participating cantons and throughout Switzerland. Without additional capacity, there is a risk of bottlenecks in waste disposal in the medium term.

    Coordinated planning aims to optimise existing cantonal waste streams, exploit economic and ecological advantages and enable the rational use of individual sites. In this way, the three cantons want to offer long-term planning and disposal security for waste producers as well as waste incineration plants and landfills.

    With this project, the cantons are fulfilling their legal mandate for waste planning. This includes determining future landfill requirements and identifying suitable locations. The jointly developed planning basis will then serve as the foundation for cantonal planning instruments such as structure plans and other procedures.

  • Canton Zurich creates interface with innovation park

    Canton Zurich creates interface with innovation park

    According to a statement, the canton of Zurich has created the Zurich Innovation Park specialist unit. This implements a decision by the cantonal government in April 2025 to transform the coordination unit, which was previously managed by an external mandate, into a regular organisation. The specialist unit is based in the Office for Economic Affairs and began operations at the start of the year.

    The centre is responsible for ensuring the division of tasks between the Department of Economic Affairs, the Innovation Park Foundation, IPZ Property AG and IPZ Operations AG. It coordinates cantonal projects and involves various stakeholders in the local communities, the federal government, the business community and other partners.

    In addition to the Innovation Park as the most important area development project in the canton, the specialist unit will also focus on the active development of commercial space as a key location factor. This involves space for the growth, transformation and establishment of companies, particularly in or around the Innovation Park, but also throughout the canton.

    Benjamin Grimm is the first head of the specialist unit. The geographer has a Master’s degree in Spatial Development and Infrastructure Systems from the Swiss Federal Institute of Technology Zurich and a Master of Advanced Studies in Real Estate from the University of Zurich. He has worked for the Federal Office for Spatial Development and the Office for Spatial Development of the Canton of Zurich, among others.