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  • The old spinning mill in Turgi becomes a commercial and industrial center

    The old spinning mill in Turgi becomes a commercial and industrial center

    Limmatkraftwerke AG wants to turn the listed old cotton mill in the center of Turgi into a modern commercial complex by leasing 7000 square meters of space for offices, studios, production or storage in the central and western parts of the building. The premises can be rented from April 1st. In a media release from the owner Limmatkraftwerke AG, a subsidiary of Regionalwerke AG Baden , it is said that the tenants could design and expand the rooms according to their needs, as far as this is possible on site.

    "We would like to see a lively and inspiring mix of various commercial and industrial sectors in the Turgi spinning mill," said Martin Schoop, Chairman of the Board of Directors, who lives in Turgi himself. He wants to promote the character of a modern economic center in Turgi by transferring part of the income for the promotion of Turgi. Schoop: "Part of the rent is used to feed a fund that is supposed to promote this sense of community."

    The spinning mill, which was built in 1826 and was the largest spinning company in Switzerland until 1858, is located in the center of Turgi and is easily accessible. According to the announcement, there are enough parking spaces available and the spinning mill is within walking distance of Turgi train station.

    The redesign also pays attention to sustainability. two parking spaces are to be equipped with charging stations for electric vehicles. The building is to be supplied with district heating from the KVA Turgi and in future it will again draw electricity from the neighboring hydropower plant operated by Limmatkraftwerke AG.

    Limmatkraftwerke AG see the purchase as a strategic decision. Schoop: “We operate one of our power plants right next to the spinning mill building. Thanks to the purchase of the spinning mill, we can also ensure the operation of this power plant in the long term. ”As the owner, the use of the building can be optimally coordinated with the operation of the power plant.

  • Regionalwerke AG Baden implements a construction project on the Limmat

    Regionalwerke AG Baden implements a construction project on the Limmat

    The Limmergy development project in the Obersiggenthal district of Rieden is making progress. For the construction project launched by Regionalwerke AG Baden , the participation procedure was carried out in February by resolution of the Obersiggenthal municipal council. This was completed on Monday so that planning can continue.

    To be built according to release the Regionalwerke Baden there on a slope with river access a "smart" buildings. Each letter stands for one of the five intentions that the future-oriented project should pursue: S stands for social, M for minimal, A for automatic, R for regional and T for typology – which means architecture in technical jargon.

    The project should have a pioneering character for a modern and sustainable development and meet the goal of the Energy Strategy 2050, with a reduction in energy consumption per person and year, according to the description of the project. Over the entire life cycle of the building, CO2 consumption should be reduced as much as possible, thus taking into account the net zero goal of Swiss climate policy. Photovoltaic roofs are supposed to produce more electricity than the 40 households in the project consume.

    This will also charge the two electric cars that will be available to tenants and can be booked via an app. In any case, community is very important in Limmergy, as can be seen from the company information. There will be a communal kitchen, a communal garden with a barbecue area and a factory lobby.

  • The digitization of the co-owner assemblies

    The digitization of the co-owner assemblies

    Regardless of the Corona situation, the following difficulties must be addressed and overcome, especially at STWE meetings:

    • Fair communication with all stakeholders
    • Compliance with legal provisions and deadlines
    • High administrative effort
    • Compliance with deadlines
    • Creation and assignment of tasks
    • Logging of the entire meeting

    Digitization has also given a huge boost to solutions in this area. Accordingly, various providers are active in the market who are trying to move the analogue process into the digital world, but not all of them succeed in this with the same simplicity and slightly broad solution approach. The preselection and quality check are all the more important here. The solution from our product portfolio can be understood as plug & play due to its compatibility with various ERP formats and IT infrastructures. Due to the one-time setup and the relatively small effort, the efficiency advantages stand out even more. As soon as everything has been installed and put in place, entire processes can be digitized and comprehensively dealt with.
    Hybrid, partially digitized processes are also not a problem for the solution, which is very important in view of the different willingness / IT skills of the meeting participants. In this way, all of the above difficulties can be addressed and resolved using one and the same software.

    The bottom line is that, with the support of the simple solution, flexible STWE meetings can be carried out physically and / or digitally, thereby significantly increasing the efficiency of the implementation as well as of the preparation and follow-up work. This means that the focus can be put back on the work steps where specialist and social skills are needed. In addition to the digitization of management, other digital solutions have come into focus, which can be seen at PropTechMarket.net.

    You can find out more about this at: https://proptechmarket.net/solutions

  • Swiss Prime Site defies the pandemic

    Swiss Prime Site defies the pandemic

    According to a message from Swiss Prime Site , the Solothurn-based real estate company generated total income of CHF 792.9 million in the 2020 financial year. In the previous year, 1.26 billion Swiss francs had been booked. Swiss Prime Site attributes the decline primarily to the sale of its subsidiary Tertianum, which was completed in February 2020.

    The profit from the sale was also reflected in a strong increase in the operating result (EBIT). In the year under review, 762.3 million francs were posted here, compared to 628.3 million in the previous year. Net profit increased year-on-year from 608.5 million to 610.4 million francs. Without taking into account revaluations and deferred taxes, the profit increased from 315.7 million to 476.6 million, writes Swiss Prime Site.

    In 2020, the core real estate business generated a total of 431.0 million francs in rental income, 1.4 percent less than in 2019. The operating result fell year-on-year from 572.9 million to 555.0 million francs. At the same time, the value of the real estate portfolio increased by 4.7 percent to CHF 12.3 billion. Swiss Prime Site intends to make its real estate portfolio climate-neutral by 2040, explains the real estate company in the press release.

    In the same announcement, the company announces a change in the group management. CFO Markus Meier decided to leave Swiss Prime Site for personal reasons, writes the real estate company. Marcel Kucher, who is currently CFO of the Peach Property Group, is to be his successor at the beginning of July. "With his broad wealth of experience in the areas of capital markets and digitization", Kucher will "optimally complement and further strengthen the management team of our group", Board member Barbara Frei-Spreiter is quoted in the announcement.

  • Young Zurich architects win prizes

    Young Zurich architects win prizes

    The canton of Zurich attracts good young architects. All three podium places of the Foundation Awards 2021 went to offices in the canton, and almost all of the award winners came from outside the country.

    The Comte / Meuwly office in Zurich received first prize. The two Romands Adrien Comte and Adrien Meuwly were more interested in everyday life and nameless architecture than in building icons, the jury wrote in its reasoning . The work of the office included an extension of a prefabricated wooden house in Geneva as well as a canopy over an old building door and sails for a buvette. "At a time when many are looking for historical references and lovely colors, this minimalist hardness and lightness is surprising and fresh," said the jury.

    Angel Solanellas Terés, Camiel Van Noten and Marianne Meister met at a workshop in Antwerp and are now working together in Zurich. You won over the jury with your projects for the Brigerberg residence in Ried-Brig VS and for the Köbö studio in Zurich.

    Saikal Zhunushova from the Oekofacta office in Winterthur impressed with her gentle renovation of a Flarzhaus from 1832 in the Zurich Oberland. She also involved the family of the house in the work. The architect trained in Kyrgyzstan combines suggestions from her old and new homeland in her work. She brings the Kyrgyz yurt as a garden pavilion to Switzerland and energy-saving construction projects from Switzerland to Kyrgyzstan.

    The Foundation Award has been honoring young Swiss architecture firms since 2010. The award is sponsored, among others, by the cultural television art-tv.ch , the architecture magazine “Hochparterre ”, the Swiss Architecture Museum in Basel and Swissbau.

  • Home ownership achieves new record prices

    Home ownership achieves new record prices

    The prices for owner-occupied residential property rose to new highs at the end of 2020, informs Raiffeisen Switzerland in a report on the study “ Real Estate Switzerland Q1 / Q2 ”. Specifically, the analysts of the banking group observed an increase in the prices of single-family houses by 2.9 percent and of condominiums by 3.1 percent year-on-year. They expect home ownership prices to continue to rise this year as well. Martin Neff, chief economist at Raiffeisen Switzerland, is quoted in the press release: "For households that meet the affordability guidelines and equity requirements, the purchase of home ownership is and will remain an economically sensible decision from a purely cost perspective".

    In the office space market, the pandemic has not yet led to falling prices either, the announcement further explains. "The test is still ahead of this market, because it is characterized by long-term rental agreements and changes to flexible working models do not take place overnight," says Neff. In the case of upcoming construction projects, however, “fundamental questions about the usefulness of a project and its chances in the post-Corona reality should be asked,” recommends the Raiffeisen chief economist.

    In the niche market of residential communities (WG), however, the study authors identified clear traces of the pandemic. "The demand for rooms in shared apartments in this dynamically reacting market has literally collapsed, as our analysis of the data from the largest platform wgzimmer.ch shows," explains Neff. The proportion of Swiss people who share their apartment with one or more flatmates increased from 1.5 to 2.7 percent within ten years by 2018.

  • Regional plants are expanding networks for heating and cooling

    Regional plants are expanding networks for heating and cooling

    Regionalwerke AG Baden want to make the supply of heating and cooling in Baden climate-friendly. To this end, they envisage expansions for the heating supply to an extent of 40 gigawatt hours and for the cooling supply to an extent of 10 gigawatt hours over the next ten years, they write in a press release . The share of renewable energy sources should be 80 percent right from the start and steadily increase to 100 percent. The CO2 emissions in the heat supply are to be reduced by 20,000 tons by 2030, district heating alone is to contribute half of this.

    Baden Nord has been connected to the Turgi waste incineration plant with a district heating pipe since the summer, and the Kappelerhof heating network has been in operation since autumn 2020. The heating and cooling network for the cantonal hospital campus is under construction. The Baden Nord district heating network is to be expanded towards the city center. From 2025, the amalgamation of the energy clusters Kappelerhof, Vorstadt and Limmat to form a single urban heating and cooling ring is planned.

    The potential for the heating and cooling supply was determined with the help of a 3D model. The feasibility of groundwater pumping systems was also examined. A planning map on the regional works website allows property owners, architects and planners to gain insight into the planned projects.

    "With this expansion, the course has been set for the substitution of fossil fuels for a renewable heating and cooling supply in Baden", Michael Sarbach, managing director of the regional plants, is quoted in the announcement.

  • LafargeHolcim is on course for recovery

    LafargeHolcim is on course for recovery

    According to a release from LafargeHolcim , the Zug-based building materials group generated total sales of CHF 23.14 billion in the 2020 financial year. In a year-on-year comparison, this corresponds to a decrease of 13.4 percent. The recurring operating profit at EBIT level was 3.68 billion Swiss francs, 10.4 percent below the previous year's figure. Consolidated profit fell by 7.5 percent compared to 2019 to 1.90 billion Swiss francs.

    "2020 was an extraordinary year for everyone, which we have not yet experienced in this form", Jan Jenisch is quoted in the communication. According to the CEO, LafargeHolcim has proven its resilience during the crisis. In the fourth quarter of 2020 the company "returned to the growth path". Specifically, sales and recurring operating profit increased by 1.5 and 14.1 percent on a comparable basis compared to the previous year.

    For the current year, LafargeHolcim is aiming for a growth in recurring operating income of at least 7 percent on a comparable basis. The takeover of the American manufacturer of roof systems and building envelopes, Firestone Building Products , which was announced in January, should contribute to this. As part of the acquisition, LafargeHolcim is creating a new position for global management of the Solutions & Products segment. She will be taken over by the current CEO of US Cement, Jamie Gentoso.

    In order to streamline the group organization, LafargeHolcim is also merging the regions Europe and the Middle East and Africa into one region EMEA, is further explained in the press release. The current head of Middle East and Africa, Miljan Gutovic, will take over the management of EMEA. The previous head of Europe, Marcel Cobuz, has decided to leave the group, writes LafargeHolcim.

  • Madaster realizes circular building

    Madaster realizes circular building

    BIM Facility , GS1 and ZPF Ingenieure are the first three partners to sign an agreement with Madaster, the Swiss cadastre for materials in the built environment. "Your expertise and our platform make material data usable over the entire life cycle of buildings", managing director Marloes Fischer is quoted in a press release. "Together we can implement circular building."

    BIM Facility wants to contribute to this with its modeling of building data. The Zurich-based company uses drones to create digital twins of buildings. The digital twin can be transferred directly to Madaster and a material pass can be issued.

    Together with Madaster users, the non-profit organization GS1 wants to develop and implement solutions for the availability of reliable and precise data over the entire life cycle of a building, explains Uwe Rüdel, Sector Manager Technical Industries at GS1 Switzerland.

    ZPF engineers from Zurich support builders and property owners in carrying out circular construction planning. They also analyze existing buildings on the basis of a material pass. According to executive board member Jaqueline Pauli, this should save raw materials.

    Madaster's platform offers digital tools such as material passports and indexes on the economic and circular value of buildings. "Our job is to make materials available forever by giving them an identity on our platform," says Madaster's website. “If materials have an identity, they become a resource for reuse.” Every building is understood as a raw material store with a certain value.

  • Canton sets design plan for ZHAW campus

    Canton sets design plan for ZHAW campus

    The Technikumstrasse campus of the ZHAW in Winterthur will be comprehensively renewed within 15 years, explains the building department of the Canton of Zurich in a message . New buildings and more open space are to be created in four stages. At the same time, the Eulach will be renatured in the area of the technical center. In the first phase, two new laboratory buildings are to be built and a public park is to be set up on the Eulach.

    The corresponding design plan was published from April 6 to June 8, 2020. 31 objections were received against him, mainly in questions of urban integration, the scope, development and nature conservation, informs the building management. Another 18 objections related to the renaturation of the Eulach and the definition of the water area.

    The design plan and the water area have been revised based on the objections and have now been set, the message continues. Both documents and the reports on the objections have been publicly available for 30 days since February 26 and can be viewed on the Internet . If no legal remedies are taken, they will come into force at the end of March this year. Then the city of Winterthur could issue the building permit for the first stage.

  • Allreal is on course despite the Corona crisis

    Allreal is on course despite the Corona crisis

    Allreal achieved rental income of CHF 200.4 million last year, according to a statement . The company was thus able to maintain the level from the previous year despite the Corona crisis. In 2019, it had received 203.1 million francs from rents.

    In the spring, Allreal stated that it was able to agree on rent waivers in connection with the lockdown with all affected tenants. In total, the company has granted rent leases amounting to 1.5 million francs.

    The cumulative vacancy rate has meanwhile fallen by 0.8 percentage points to 1.4 percent despite the crisis. According to the information, it is at the lowest level that Allreal has ever reached.

    The company result including the revaluation effect is 167.2 million francs after 243.2 million francs in the previous year. Excluding the revaluation effect, the company result is 124.7 million francs after 142 million francs in the previous year. Allreal explains the decline primarily with one-off effects from the sale of development properties.

    According to the announcement, Allreal is satisfied with its annual result and expects overall “stable business development” in the long term. The Board of Directors is therefore proposing to the General Meeting of Shareholders a stable distribution at the previous year's level of 6.75 francs per share.

    Allreal is based in Glattpark in Opfikon. The company is listed on the SIX Swiss Exchange.

  • Siemens technology makes The Circle sustainable

    Siemens technology makes The Circle sustainable

    The Circle building complex at Zurich Airport, which was inaugurated in November last year, is not only Minergie-certified, but also meets the LEED PLATINUM standard of the US Green Building Council, Siemens Switzerland informs in a press release . At the highest standard of the organization, seven areas are checked for sustainability, it says there. Products for building and energy technology from Siemens have made an active contribution to the sustainability of The Circle.

    In total, over 30,000 Siemens components have been installed in the Circle, the company writes in the press release. "We are present with our products in every room", Felix von Rotz, Head of Building Products Switzerland, is quoted there. For the implementation of the order, Siemens Switzerland had "designed a unique logistics concept, with a warehouse at our Steinhausen location and a transport vehicle that is only on the road for The Circle," explains von Rotz.

    When it comes to heating, ventilation and air conditioning systems, Siemens products create a healthy and optimal room climate. Other components regulate the communication of the controls of these systems with blinds and lights. All buildings can be fully automated using the KNX communication standard.

    A further 7,000 Siemens components were installed in the power engineering systems. There are also voice alarm systems in private and public areas of the complex.

  • PSP Swiss Property defies the pandemic

    PSP Swiss Property defies the pandemic

    According to a statement from PSP Swiss Property , the Zug-based real estate company generated real estate income totaling CHF 296.27 million in the 2020 financial year. Compared to the previous year, this corresponds to a growth of 2.0 percent. The operating result (EBITDA) excluding real estate successes and valuation differences amounted to CHF 271.06 million in 2020, 5.8 percent more than in 2019.

    The net profit in the year under review was CHF 292.1 million, compared to CHF 453.4 million in the previous year. PSP Swiss Property attributes the decline to one-time effects. In the previous year, for example, a tax effect and the sale of two investment properties had a positive impact. In addition, the portfolio revaluation in 2019 brought in a total of CHF 244.2 million. In the year under review, the corresponding figure was 101.6 million francs.

    The balance sheet value of the PSP Swiss Property portfolio as of the end of 2020 was CHF 8.577 billion. As of the 2019 reporting date, the value was 7.982 billion francs. The vacancy rate was reduced from 3.5 to 3.0 percent within a year. The real estate company provides details of the portfolio change in the notification.

    For the current financial year, PSP Swiss Property is aiming for an EBITDA excluding real estate gains of around CHF 275 million. The vacancy rate is expected to increase to 4.5 percent.

  • Trusttechnology equips Turin with pavilions

    Trusttechnology equips Turin with pavilions

    Turin, the capital of Piedmont, has ordered 50 of its pavilions from the Ticino start-up Trusttechnology. The aim is to equip the bars and restaurants in the so-called Murazzi buildings along the banks of the Po. A report on startupticker.ch provides information on this.

    These transparent protective structures fold up automatically when required, powered by batteries, and then only take up about one square meter of space. This corresponds to the city's flood protocol: when the water level rises in the arcades and boathouses on the west bank of the Po, they can be quickly stowed away by the staff present. Their installation is planned as soon as the catering industry is allowed to reopen after the corona lockdown.

    According to the announcement, the entrepreneurial journey of the now 47-year-old owner Tiziano Pili led from an advanced semester at the University of Applied Sciences South Switzerland and the Venturelab via the Tecnopolo of the Agire Foundation in Manno TI, where he founded his company. In 2014, Pili received an international patent and then the Swiss Made certification. As a finalist in the StartCup Ticino competition, he was finally accepted into the USI Startup Center of the University of Italian Switzerland .

    "I believe that the solution I have designed will radically change the market for temporary protective structures outdoors," says Pili. "The ink on the contract is not dry yet, as I am already finalizing the contract negotiations with a large company near Asti that would also like to invest in this solution."

  • Pension funds are putting banks under pressure

    Pension funds are putting banks under pressure

    In the past year, mortgage holders reached new records for possible savings, writes MoneyPark in a press release . With this statement, the Zurich-based fintech relies on the analysis of fixed-rate mortgages concluded via its own platform. According to her, when taking out a ten-year mortgage, mortgage borrowers were able to save an average of 22 percent, or 26 basis points, compared to the benchmark rate of 1.17 percent. With a borrowing of 750,000 francs, this would save a total of 19,500 francs over the entire term, explains MoneyPark.

    According to the fintech company, the high savings are related to the competition that alternative capital providers are making for traditional banks. Pension funds in particular are increasingly entering the mortgage business, writes MoneyPark. They offered an average of 46 basis points discount on ten-year mortgages last year. Insurance companies and banks were well behind with an average discount of 29 and 20 basis points, respectively, from the target rate.

    Towards the end of the year, the competition has eased somewhat, is further explained in the announcement. "On the one hand, this can be explained by the fact that the providers no longer fought for every deal at the end of the year and, on the other hand, capital market rates rose, making alternative investments significantly better returns than they were at the beginning of 2020," said Stefan Heitmann, founder and CEO of MoneyPark, quoted there. "But we see clear signs that the competition among the providers will intensify again."

  • Edelweiss windows are now producing in Münchwilen

    Edelweiss windows are now producing in Münchwilen

    The new production hall of Edelweiss Fenster AG in Münchwilen has been in operation since January 2021. According to a press release, it houses one of the most modern and fastest production facilities for plastic windows in Switzerland. Their energy concept enables an environmentally and climate-friendly production process.

    Contrary to the trend of relocating production to low-wage countries, the company in Switzerland has invested in this 100-meter-long and 25-meter-wide production hall. “Thanks to the latest technology and a clear strategy, this new building will help us to strengthen our position as a quality window manufacturer,” CEO Walter Koller is quoted on the window manufacturer's website from the St.GallenBodenseeArea. Despite the high level of automation in the new system, six new jobs have been created.

    "Plastic windows are in great demand in Switzerland," Koller is quoted in the press release. “And many customers want a window that is produced here. With our new building we can serve our customers and resellers even better and more individually. "

  • Romande Energie wants to accelerate renovations

    Romande Energie wants to accelerate renovations

    In Switzerland, less than 1 percent of the building stock is energetically renovated every year. Romande Energie wants to increase this share in the canton of Vaud. For this he launched, according to a release , the program commune Renove . As part of the program, the energy supplier accompanies the individual renovation projects step by step. He acts as a contact person for all parties involved, for the owners and administrations as well as for the craftsmen and the authorities.

    The program builds on the experiences of the Onex-Rénove project. The Geneva municipality Onex started this program in 2014 and was able to use it to sevenfold the renovation rate.

    For its program, Romande Energie works with the Center de Recherches Energétiques et Municipale in Martigny VS, with the building energy specialist Signa-Terra in Geneva and with Pierre Olivier. The energy project consultant was one of the leaders of Onex-Rénove. "The renovation of the building stock is one of the levers for reducing CO2 emissions", Christian Petit, General Manager of Romande Energie, is quoted in his company's announcement.

    The federal government and the canton of Vaud support the Commune Rénove program. Two municipalities have already decided to participate.

  • Thomas Hasler is to lead Sika

    Thomas Hasler is to lead Sika

    According to a statement from Sika , the globally active Zug-based building materials group was able to post new record values for operating profit and consolidated profit in the 2020 financial year. Specifically, the operating result at EBIT level rose by 7.1 percent year-on-year to 1.13 billion Swiss francs. At the same time, consolidated profit increased by 8.8 percent to 825.1 million francs. Sales grew by 3.4 percent in local currencies to 7.88 billion Swiss francs.

    "In 2020, the distribution business and our refurbishment business in particular proved to be particularly resistant to crises," Paul Schuler is quoted in the press release. In the opinion of the Sika CEO, the group will benefit from the growing demand for environmentally friendly products in the future. "A large part of our sales is already generated with technologies that provide customers, the environment and society with sustainable benefits," explains Schuler. For the current year, Sika is aiming for sales growth of between 6 and 8 percent in local currencies.

    Schuler will hand over his position to Thomas Hasler at the beginning of May. The current head of Global Business and Industry at Sika has been with the Zug-based building materials group for 32 years, the press release explains. Hasler joined Sika as a research chemist for industrial adhesives and in 2011 took over as head of automotive worldwide. The designated CEO has been a member of the Executive Committee since 2014. The current CEO, Paul Schuler, will be proposed for election to the Board of Directors at the Annual General Meeting in April.

  • Limmat Verwaltungs AG gets a new name

    Limmat Verwaltungs AG gets a new name

    Limmat Verwaltungs AG has become Elicere Real Estate Management AG. Limmat Verwaltungs AG, founded in Schlieren in 1967, has been taken over by Elicere AG in Zug, according to a press release in 2019. The company was renamed from Limmat Bau-, Treuhand- und Verwaltungs AG to Limmat Verwaltungs AG.

    The administration is now to be continued under the new name, which refers to the new owner. The new company Elicere Real Estate Management AG is naturally based in Schlieren on Schulstrasse, at the previous address of the Limmat administration.

    Before the start with the new name, a comprehensive restructuring and especially digitization had been carried out, it says in the message. In addition to the management and valuation services already offered, there is now also the assumption of construction management.

    The new company, which was founded in December, is managed by Rikard Memaj and Roger Priester. Both are members of the Board of Directors. Its President Roger Priester is quoted as saying: "We are convinced that with the transparent and structured set-up in the company, we can lead our customers into a sustainable future with the most modern tools and motivated employees."

  • Swiss Finance & Property can act as a securities house

    Swiss Finance & Property can act as a securities house

    The Swiss Financial Market Supervisory Authority (FINMA) has issued Swiss Finance & Property AG with a license to operate as a securities firm. This enables the company to support, for example, Swiss real estate funds, real estate stock corporations and selected stock corporations with issues and capital increases. Swiss Finance & Property can act as a bank-independent lead or co-lead manager.

    "The securities house license is also a further step towards professionalization and makes us even more competitive overall," said Adrian Murer, CEO of the Swiss Finance & Property Group, in a press release .

    Swiss Finance & Property will also add market making to its range of services. "With market making, Swiss Finance & Property AG can provide the necessary liquidity even in volatile markets," explains Florian Lemberger, Head of Corporate Finance & Banking at Swiss Finance & Property AG. The company wants to set up an in-house trading team that will provide the off-exchange block capacities.

    The approval will lead to changes in the organizational structure, it is said. For example, the management of direct and indirect real estate investments is clearly separated.

  • Oertli Instrumente builds at the company headquarters

    Oertli Instrumente builds at the company headquarters

    Oertli Instrumente , the Rheintaler expert for ophthalmic surgical equipment and consumables, is building a three-story building at its company headquarters. According to a press release , the owners Christoph and Thomas Bosshard, together with mayor Bruno Seelos and Björn Lutze from the executing Bänziger Lutze Architektur AG, broke ground on Thursday.

    On a total of 11,000 square meters, the new building is intended to strengthen the infrastructure for the future development of the company from the St.GallenBodenseeArea. "The construction of the Lean Factory we set the foundation for the further development of value creation and growth at the site Berneck," it says on the website of the company.

    The eastern of the two new structures is intended to expand the clean room and the production areas for surgical equipment and instruments. The western one is designed for "efficient in-house logistics". In addition, an underground car park, training and break rooms are planned as well as a roof terrace. Both parts of the building will be connected to one another via an inner courtyard and various access zones. The new building should be fully occupied in 2023.

  • Westhive wants to expand further

    Westhive wants to expand further

    Westhive sees an increasing demand for flexible office space. The Zurich-based provider, founded in 2017, therefore plans to open new locations in Basel, Zurich-Stettbach and Zug at the beginning of 2022. Geneva is to follow a year later, Westhive writes in a statement. The location there is to be set up in the new Alto Pont-Rouge and cover an area of 4500 square meters. It will also have its own fitness center, two restaurants and an event conference center.

    A total of around 1,000 jobs will be created at the four locations on 10,000 square meters. "All locations have a high proportion of private offices, for which we are seeing the greatest demand," Westhive co-founder Andreas Widmer is quoted in the press release.

    Westhive continued to see strong growth in 2020. The number of tenants has risen by over 50 percent. "We are seeing continuous demand for flexible offices and workplaces, even now that the home office is mandatory," says Widmer. "But most of all we are pleased that we have lost practically no members."

  • Schlieren drives the upgrading of Kesslerplatz

    Schlieren drives the upgrading of Kesslerplatz

    The Migros Pension Fund's investment foundation has presented a design plan for Kesslerplatz. After the transfer of the private design plan from the local council to the local parliament, "the city of Schlieren will soon come a big step closer to its goal," as a media release said.

    As part of the planned upgrading of the square, the high-rise is to be preserved. The design plan also provides for four new structures. One of them is intended for commercial use, the other three are intended to provide living space. A total of 103 new apartments, a double kindergarten and a multi-purpose room are to be created as a result. For the realization of the kindergarten, the city of Schlieren has agreed with the investment foundation of the Migros pension fund both an exchange of land and compensation of CHF 2.11 million.

    Work is scheduled to begin in spring or summer 2022, and move-in is to take place from spring / summer 2024. Since the double kindergarten will not be available until a year later, “the Migros Pension Fund's investment foundation will cover 50 percent of the rental costs for a temporary arrangement, the remaining rental costs are also included in the compensation”, according to the city of Schlieren.

    With the upgrading of Kesslerplatz, a “high-quality and attractive entrance gate” to Schlieren should be created, which will also be optimally connected to the Limmattalbahn.

  • Innovation Park Zurich has billions of potential

    Innovation Park Zurich has billions of potential

    The Switzerland Innovation Park Zurich foundation commissioned the economic research institute BAK Economics to carry out a scientific study on the economic significance of the Zurich Innovation Park (IPZ ). The study comes to the conclusion that the direct and indirect added value of the IPS could add up to around 2.7 billion francs per year if fully expanded. With a share of 90 percent of the total value added, the canton of Zurich would benefit particularly strongly.

    The extensive study is divided into seven sections, ranging from the motivation for the analysis, the importance of innovation for the economy and society, the position of the Canton of Zurich in the innovation competition, to a detailed evaluation of the role that the Innovation Park Zurich plays in promoting growth and Prosperity could play rich. The study confirms that the canton of Zurich is underrepresented in industry, particularly in the high-tech sectors. According to the study authors, the IPZ could make a decisive contribution to upgrading the canton as an innovation location.

    According to the authors, the IPZ could form the “risk area” necessary for transformation innovations in addition to the corresponding risk capital. The park should position itself as a "link between universities, research institutes, the start-up scene and research-based industry", according to the study. Structures created there could enable “global players” to settle in innovative areas such as “mobility, space travel, aviation, robotics, greentech or new materials”.

    The Zurich Chamber of Commerce ( ZHK ) sees the results of the study as confirmation of their longstanding support for the innovation park. They show how important this is for the business and research location, she writes in a statement on the study. The ZHK hopes that the added value of the innovation park will lead to an acceleration of the ongoing procedures.

  • Builders' Association examines Switzerland of the future

    Builders' Association examines Switzerland of the future

    Last year, the Swiss Master Builders Association ( SBV ) carried out a representative survey on the expectations of the Swiss up to 2040. According to the results, the majority of the country’s residents are in favor of densifying urban space, the SBV informed in a statement on the survey. At the same time, the need for more spacious and sustainable living space is registered.

    For the SBV, the construction industry can make a decisive contribution to the implementation of these ideas. Already today, every dismantled apartment is being replaced by two new ones with a total of three times the building area, writes the association. At the same time, however, the SBV is calling for regulatory obstacles to be removed when renovating the building stock. Specifically, the communication mentions the simplification of building permit processes and the acceleration of complaint procedures. The SBV also sees a need for action in noise protection and homeland security.

    The SBV supports the CO2 Act with its building program. When it is implemented, new replacement buildings should be promoted more intensively, as these represent the most efficient solution in terms of energy technology, writes the association. For peripheral regions and mountain areas, the SBV proposes creating framework conditions, technology and transport infrastructure that can attract working residents or keep them in the region.

  • Zürcher Weinland supports first project

    Zürcher Weinland supports first project

    ProWeinland has, according to a media release with AgroCO2ncept selected the first project, with funds from the New Regional Policy ( NRP is supported). AgroCO2ncept is an association of farmers founded in 2012. They had set themselves the goal of reducing their operations' greenhouse gas emissions and spending by 20 percent. This resource project will run until 2022.

    The second goal is now being tackled: the added value is to be increased by 20 percent through the transfer of knowledge and the sale of climate-friendly regional products. To this end, the association has initiated a marketing project that can now be funded. In addition, the association members want to pass on their knowledge to other producers inside and outside the Zurich wine region and thus promote climate-friendly agriculture.

    The Zurich Weinland region has been part of the New Regional Policy of the Canton of Zurich since 2020. The ProWeinland association was entrusted by the canton as the regional project sponsor of the program. Pro Weinland is “very pleased to be able to support and accompany such a promising project in the initial phase of the funding program”.

  • Schweizer Technologie looks after German tenant electricity systems

    Schweizer Technologie looks after German tenant electricity systems

    With tenant electricity systems, homeowners could supply their tenants with cheap electricity from renewable energy sources and, in return, amortize their systems faster, writes Smart-red GmbH ( smartRED ) in a press release . The requirements for billing tenant electricity specified in the German Energy Industry Act, however, discouraged many German homeowners from setting up tenant electricity systems. The joint venture between Zug-based smart-me AG and the German company ABM-Mess Service has provided a remedy here.

    With the cloud-based tenant electricity solution from SmartRED "effortlessly automated invoices" could be created, writes the company in the press release. For this, the tenant electricity systems are connected to the cloud via a WiFi interface or cellular network. The intelligent meters then provide you with real-time data for the control and optimization of the system and the creation of the billing.

    “One of the most important points in tenant electricity projects is billing in accordance with the law,” Bernd Bosch, managing director of Smart-Red GmbH, is quoted in the message. "It is also important to reduce the administrative effort as much as possible." The digital billing tool from SmartRED should enable both.

  • Homes are still in demand

    Homes are still in demand

    The home market continues to grow even during the recession caused by the coronavirus pandemic. In the four most liquid market regions in Switzerland, prices rose by an average of 3.7 percent in 2020 to an average of 1.3 million francs, explains homegate.ch in a statement on the current Home Market Price Analysis. It is created annually by the digital real estate marketplace from TX Group in cooperation with the Swiss Real Estate Institute of the Zurich School of Economics ( HWZ ).

    The study analyzes the development of purchase prices and transactions for single-family houses and condominiums in the regions of Zurich, northwestern Switzerland, Bern and Lake Geneva. The prices for single-family homes rose in all four market regions last year, the press release explains. The most significant price increase was observed in the Lake Geneva region, at 4.1 percent. The lowest price increases of 1.6 percent were in the Zurich region. The number of transactions in the single-family home market increased by 3.1 percent year-on-year.

    For condominiums, the analysts identified price increases of between 3 and 4 percent in three of the four regions examined. In the Lake Geneva region, on the other hand, prices fell by 2 percent year-on-year. On average, the prices for condominiums rose by 0.5 percent to 850,000 francs in the year under review. The number of transactions in the condominium market increased by 2 percent in 2020.

    In times of crisis, the flight into real assets is nothing new, Peter Ilg is quoted in the communication. The “ongoing boom” during the pandemic-induced recession is “astonishing” for him, says the head of the Swiss Real Estate Institute. As a background to the current developments, Ilg cites, on the one hand, the likely long-term low interest rates. On the other hand, "living in the times of Corona has become more important".

  • Quality-tested PropTech solutions and motivated talents

    Quality-tested PropTech solutions and motivated talents

    Facchinetti is targeting the DACH region (Switzerland, Austria and Germany) with his new idea: "Our aim is to support small and medium-sized companies in innovation management," explains Facchinetti.

    This decision is based on the finding that in companies with a manageable team size, day-to-day business does not leave the necessary resources to obtain the necessary information about the fast-moving innovation landscape and to make well-founded decisions. On the one hand, a selection of quality-tested innovations is intended to simplify the selection of value-adding solutions in the innovation jungle that has become opaque. On the other hand, PropTechMarket is building a qualitative talent pool with motivated and innovation-minded specialists who want to contribute their skills in the real estate and construction industry.

    «Above all, we want to buy our customers time. Time so that specialists can use their skills again where they contribute to the successful future of the company. We believe in the conscious interaction between people and technology, ”says Facchinetti. "With the right coordination, the possibilities for efficiency increases, new customer experiences and sustainability-promoting measures are enormous, especially for smaller companies." PropTechMarket's offerings are currently focused on the areas of object visualization and facility management. In a next step, further business areas of the real estate cycle are to be added.

  • Zühlke supports Adtrac with targeted outdoor advertising

    Zühlke supports Adtrac with targeted outdoor advertising

    Zühlke supports the Zurich start-up Adtrac . The aim of the cooperation is the development of a platform for the targeted control, changing content and tracking of digital outdoor advertising until it is ready for the market. According to a press release, the innovation service provider from Schlieren has been at Adtrac's side right from the start with advice and support for further development. This should make the platform ready for the market in a few months.

    According to the media release, the idea of Adtrac is to transfer the advantages of the digital world into the classic principle of outdoor advertising. The sensors of the advertising displays should be used to play the most relevant content for the target group in front of the displays. This means that the offer on the advertising space can be adapted precisely for these viewers and their interests based on data about the respective target group. And the customer can follow the progress of his campaign online. According to Adtrac, the web-based campaign tool is used for this. Advertisers can use it to plan their campaigns themselves at any time, follow them live, optimize them and create evaluations.

    "Thanks to Zühlke's expertise and the flexible and agile cooperation, we are now there with a market-ready and convincing product," Benjamin Wey, CEO of Adtrac, is quoted as saying. Adtrac was created as a joint venture between Advertima , Fortimo and SPAR , all based in St.Gallen.

    After the initial launch on the market, the platform is to be continuously developed and supplemented with new functions.