immo!nvest – Die Plattform für Standorte und Immobilien

Category: Regions

  • Fundamenta Real Estate posts record profit

    Fundamenta Real Estate posts record profit

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

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

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

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

  • Geneva expands network for the use of lake water

    Geneva expands network for the use of lake water

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

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

  • Porsche supports start-ups in Zurich

    Porsche supports start-ups in Zurich

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

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

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

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

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

  • Timber Corporation is the guardian of our forest

    Timber Corporation is the guardian of our forest

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

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

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

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

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

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

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

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

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

  • Bern gets a new festival hall

    Bern gets a new festival hall

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

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

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

  • Canton approves Rai design plan in Bergdietikon

    Canton approves Rai design plan in Bergdietikon

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

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

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

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

  • Pandemic cuts profits at Zug Estates

    Pandemic cuts profits at Zug Estates

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

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

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

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

    City of Zurich gives its own tenants a subscription for Mobility

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

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

  • Implenia sees itself in a good position

    Implenia sees itself in a good position

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

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

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

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

  • Plazza defies the pandemic

    Plazza defies the pandemic

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

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

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

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

  • Visionapartments offers 500 new apartments

    Visionapartments offers 500 new apartments

    Visionapartments will open three new buildings this year and next, according to a media release . The opening for the project in Basel is planned for July 2021. In a central location behind the Basel SBB train station, 125 studios in five different furnishing styles will then be available. A gym, restaurant, communal office and swimming pool will also be set up in the building.

    The projects in Glattbrugg and Lugano will follow in the coming year. 316 new apartments are being built in Glattbrugg alone. These are located in the immediate vicinity of Zurich Airport. In addition to the new apartments, a restaurant, a communal kitchen and a fitness and wellness area will also be built there. The property in Lugano will also open next year, on the shores of Lake Lugano. 55 new apartments are being built there. "Despite the current global crisis, we are following our mission to expand further," said Anja Graf, CEO and chairwoman of Visionapartments, in the press release. "We are proud of our growth and look forward to the completion of these real estate projects," she says of the projects in Glattbrugg and Lugano.

    Visionapartments was founded in Switzerland in 1999 and specializes in the rental of furnished temporary apartments. The company offers corresponding properties at 850 international locations.

  • 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.

  • 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.

  • 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."

  • Novartis is developing the site into a life science park

    Novartis is developing the site into a life science park

    The biotechnology and pharmaceutical company Novartis has announced plans to open its production site in Stein and locate more life science companies there. According to a press release, the Rheintal Life Science Park is to be built there.

    "Switzerland is an important location for our production network," is how Steffen Lang, head of Novartis Technical Operations and member of the group management, is quoted. Investments of more than CHF 200 million in 2020 and 2021 at the Stein and Schweizerhalle locations confirmed Novartis' commitment to the region. "With the further development of the Stein location into the Rheintal Life Science Park, we are sending a positive signal for Switzerland as an industrial center and the Aargau region."

    The location offers an ideal environment, access to highly qualified employees from the region and state-of-the-art facilities, for example for the production of cell and gene therapies.

    The Novartis plans are also approved by the cantonal location promotion agency Aargau Services . After all, according to its director Annelise Alig Anderhalden, “the whole Sisslerfeld” is an “important place of work and a focus of development for the canton. The area has great potential for businesses with high added value. "

  • Domat / Ems station area is being converted

    Domat / Ems station area is being converted

    The Rhaetian Railway (RhB ) wrote in a press release that the Domat / Ems station area is getting "a new face". According to her, the Graubünden railway company will renew the Domat / Ems station and make it accessible for the disabled. "We are building a modern train station that is adapted to the needs of our customers and to those of the community," RhB director Renato Fasciati is quoted in the announcement.

    Specifically, the RhB wants to extend both platforms at the station and partially cover them. In addition, a pedestrian underpass is to be built and equipped with handicapped-accessible ramps and stairs. The municipality of Domat / Ems contributes two passenger lifts. In addition, the RhB plans to equip sidewalks and streets with a continuous separation at the three secured level crossings.

    At the same time, the municipality of Domat / Ems is tackling extensive changes in the station area. The heart of the building plans is a new commercial and residential building directly on the platform. The four-storey building will have space for public use on the ground floor and living and office space on the other three floors, according to the announcement. In addition, a new space is planned on the south side of the station. The number of bicycle parking spaces available at the station will be increased to around 300. All construction work planned by the municipality and the railway company should be completed in summer 2023.

    "Good transport links are central to the community of Domat / Ems – for the numerous commuters, but also as an important commercial and industrial location," said Mayor Erich Kohler (CVP) in the message. "The overall project creates a modern, functional train station area that optimally meets high requirements for user-friendliness and audience-oriented uses."

  • 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.

  • Swiss residential property will become 2.5 percent more expensive in 2020

    Swiss residential property will become 2.5 percent more expensive in 2020

    According to a press release from the Federal Statistical Office (FSO), the average annual tax rate for home ownership in Switzerland in 2020 is 2.5 percent. This value results from the comparison of the average annual inflation rates of 2019 with 2020. In relation to the last quarter of 2020 the inflation rate was lower. Compared to the third quarter, the residential property price index (IMPI) increased by 2.3 percent. It reached a level of 103.1 points. Compared to the same quarter in the previous year, the rate of inflation was 3.1 percent, reports the FSO.

    To explain the calculation of the annual mean inflation, the FSO states that the average annual inflation 2020 of the IMPI of 2.5 percent would correspond to the rate of change between the annual mean 2020 and the annual mean 2019. These annual averages are calculated as the arithmetic mean of the four quarterly indices for the calendar year.

    The announcement shows an increased interest in houses compared to apartments: the prices of single-family houses have risen by an average of 2.8 percent over the whole of last year and the prices of condominiums by an average of 2.2 percent.

    In the fourth quarter of 2020, however, there was greater demand for apartments than for houses, which was reflected in the price. The price for single-family houses rose by 1.5 percent, but for condominiums by 3.1 percent. Both market segments show higher prices in all of the five types of municipality than in the previous quarter. The rise in single-family house prices was particularly pronounced in the medium-sized communities with a plus of 2.4 percent. In contrast, prices for condominiums rose the most in rural communities: by 5.2 percent.

    The differentiation between types of municipality by the FSO is based on density, size and accessibility criteria, such as commuter movements. Of the 2,172 municipalities in Switzerland as of January 1, 2021, 22 percent are urban, 52 percent rural and 26 percent intermediate.

  • 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”.

  • Made in Zurich breaks the lance for urban production

    Made in Zurich breaks the lance for urban production

    Made in Zurich wants to unite “urban productivists” of all kinds, explains the initiative founded in 2018 in its self-portrayal . Even when it was founded, the Made in Zurich initiative set out to investigate questions about production in the city, writes the initiative in a recent press release . For this purpose, Made in Zurich created the study “ Locations for urban production and retail – SUPR ”.

    The study examines historical developments and current trends and uses them to develop proposals for urban production. In addition, the analysts sound out the framework conditions for urban production in Zurich. Among other things, they investigate the question of what urban producers need and which urban areas are suitable for urban production.

    The guidelines are intended to provide “instructions for action and food for thought”, writes the Made in Zurich initiative in the communication. The addressees named there are “the public sector, developers and, last but not least, the producers themselves”.

    In the fifth chapter of the study, the authors deal with particularly important aspects of urban production. The entire final chapter of the study is devoted to recommendations for action for the implementation of locations for urban production and retail.

  • Sevensense co-founder praises Switzerland as a location for robotics

    Sevensense co-founder praises Switzerland as a location for robotics

    Roland Siegwart is Professor of Autonomous Systems at the Swiss Federal Institute of Technology in Zurich ( ETH ). He is also co-director of the Wyss Zurich funding program. In 2018 Siegwart co-founded the ETH spin-off Sevensense Robotics. The company, based in Zurich, develops technologies for robots that help them, for example, with independent orientation. Sevensense also works with Deutsche Bahn to develop technologies for the future of train travel.

    In an interview published on the Sevensense blog page, Siegwart praised Switzerland as a location for robotics. All important specialist knowledge for robotics is available in the country. On the one hand, precision mechanics, which have a "long tradition in Switzerland", are particularly important. On the other hand, sensor technology plays an important role in the industry. This is less known worldwide, but Switzerland is already very advanced in this regard.

    Siegwart also praises the ETH Zurich and the ETH Lausanne (EPFL). The two universities would provide the necessary control and intelligence to be able to make good use of the existing specialist knowledge, he emphasizes. They would also spawn a multitude of successful spin-offs – especially in the robotics area. Switzerland has also been able to attract a large pool of foreign talent who further strengthen the robotics scene.

    Switzerland still has some catching up to do when it comes to major investments. Investors in Europe are generally more risk averse compared to those in the USA. However, this also helps European start-ups develop a sustainable, customer-oriented approach. Accordingly, the survival rate of start-ups – for example in Switzerland – is much higher than that of those in the USA. The long-term survival rate of the ETH spin-offs is 80 to 90 percent.

  • Dietikon relies on location advertising with comedian duo Lapsus

    Dietikon relies on location advertising with comedian duo Lapsus

    The city of Dietikon relies on humor in its location advertising. According to a media release, the well-known Dietiker comedian duo Lapsus has therefore received the order to subject their residential area to a critical examination and to record their impressions. It is said that funny, self-deprecating video productions were created.

    The videos can now be viewed on YouTube, Facebook and Instagram. The first is entitled “Dietikon from its most beautiful side”. Dietikon is presented as a noisy and urban city with idyllic green areas as the train passes by. The second video introduces the open-air gallery “DietikON – experience light art”, which will run until the end of February, with humorous puns. Further topics are planned.

    The core of the campaign, which will last in May, is self-irony, according to the media release. The plan is to publish six to seven videos, which will make the qualities and location advantages of the city visible and promote the city's positioning as a center for business, culture, education, local recreation, sport and leisure.

    It is emphasized that the topics have been discussed with the city. The comedians are free to implement it.

  • Zurich and Singapore are exploring big cities

    Zurich and Singapore are exploring big cities

    The Swiss Federal Institute of Technology Zurich ( ETH ) and three Singapore-based universities – the National University of Singapore , the Nanyang Technological University and the Singapore University of Technology and Design – want to jointly research how the global growth of cities can be made more sustainable. To this end, according to a press release on December 1, they launched the Future Cities Lab Global research program. It is an extension of the Future Cities Laboratory of the Singapore-ETH Center , which was successfully completed after ten years.

    This program deals with the major global challenges of increasing urbanization caused by the expansion of existing cities and the emergence of new ones. This against the background that, according to the United Nations, two thirds of the world's population will live in cities by 2050.

    “The ecological and economic advantages of densely populated cities that do not take up much space are being wiped out by the urban sprawl in the hinterland,” explains Professor Stephen Cairns, co-director of the research program and ETH architecture professor in Singapore. "The extent to which we can curb climate change in the next hundred years depends on how well these contrasting city forms are planned."

    Numerous projects are being planned, according to ETH Zurich. Those that have already started dealt with compacted green buildings and quarters, the materials for them and new technologies for the recycling of building materials. In addition, solutions for polluted and flood-prone cities and surrounding regions are sought. Possibilities for sustainable food production in cities and their surrounding areas are also being explored.

  • VZ Depotbank builds headquarters in the Tech Cluster Zug

    VZ Depotbank builds headquarters in the Tech Cluster Zug

    VZ Depotbank AG and Urban Assets Zug, a subsidiary of Metall Zug AG , have signed a letter of intent for the construction of the new bank headquarters on the area of the Tech Cluster Zug . The Metall Zug Group will provide information on this in a media release . As it says in it, this signature triggers the start of the overall development of the two high-rise buildings CreaTowers East and CreaTowers West.

    VZ Depotbank is expected to move into the 40 meter high east tower in 2025. In a second construction phase, the up to 60 meter high west tower is to be built for urban uses and living, among other things. A shared underground car park is planned for both. The architecture competition is expected to be completed in 2021.

    According to the Metall Zug Group, the development of the Tech Cluster Zug is “ another big step forward shortly after the project was communicated for SHL Medical AG in November 2020”. At that time , Metall Zug announced that the provider of drug delivery systems would build a combined production and office building on the site.

  • Zurich Airport welcomes new tenants

    Zurich Airport welcomes new tenants

    AMAG , Bruno Wickart , RehaClinic , cermony Swiss and Vebego have signed rental contracts for sales, event, therapy and office space in The Circle , according to a statement from Flughafen Zürich AG . In addition to shops and service providers, The Circle also houses restaurants and a Hyatt Regency Hotel.

    The car dealer AMAG is now also setting up a center for new mobility in The Circle. The furniture store Bruno Wickart will present offers for work and living in a new exhibition area. The RehaClinic will move its RehaCenter from the airport to The Circle in mid-2021. The real estate service provider Vebego is creating a location for its international activities in The Circle. And cermony is opening its Bliss Center for massages and other health-promoting services in spring.

  • Government is slowing down traffic planning for Baden

    Government is slowing down traffic planning for Baden

    The new overall traffic concept for the Baden-Wettingen area has to go into an additional planning loop. According to a press release , the Aargau government council decided to leave the concept at the stage of the interim result. In doing so, he is responding to reservations that were expressed in the public hearing.

    In the hearing, for example, it was demanded that the Baden high bridge could also be used by cars in the future. This would also eliminate the need for a new Limmat bridge between Baden and Wettingen. In the Siggenthal a higher traffic load is feared. With the additional planning loop, the continuation of the Limmattalbahn beyond Killwangen could also be included in the planning in the future.

    However, the government council makes an exception in the overall transport concept: the Velosteg between Neuenhof and Würenlos should already be specified in the structure plan. This could secure the federal funds for the project.

    The overall traffic concept for the Brugg-Windisch area, on the other hand, is to be specified in the structure plan. These include the center relief and the bike route.

  • Hirslanden Klinik St. Anna is being renewed

    Hirslanden Klinik St. Anna is being renewed

    The Hirslanden Klinik St. Anna in Lucerne will start renovating its infrastructure in March. This emerges from a message from the clinic on LinkedIn. Initially, work is being carried out on an extension (wing G), which will be located in the area of today's inner courtyard between the car park and the clinic. Among other things, the Institute for Radiology and Nuclear Medicine will be located there.

    From 2023, as part of a second phase, the demolition of two parts of the building is to start, some of which date from the early days of the clinic. These parts of the building will be replaced by a new building (wing A +). This is to become the new heart of future clinic operations.

    The entire construction project should be completed in 2027. According to an article in the “Luzerner Zeitung”, Hirslanden is investing a total of more than 100 million francs in the renovation.

    "With the construction project we are building a bridge to the future," said clinic director Martin Nufer in the article in the "Luzerner Zeitung". The investment also makes it possible to close supply gaps. “In oncology, for example, thanks to the renovation, we can finally also offer radiotherapy, which requires special equipment and facilities. We simply didn't have enough space in today's building, ”says Nufer.

    The St. Anna Clinic in Lucerne was founded in 1911 by the St. Anna Sisters community and has been part of the Hirslanden Private Clinic Group since 2005.

  • Drilling for the Ennetsee heating network begins

    Drilling for the Ennetsee heating network begins

    According to a press release from WWZ , the construction of the 6.5 kilometer long heat transport pipeline from Perlen to Rotkreuz is in the starting blocks. It is part of the Ennetsee heating network. A challenge of this construction phase is the trenchless crossing under the Reuss and the A14 motorway. To this end, WWZ is starting these days between the sports field of the Root LU sports club and the Rütilöli area in Inwil LU with two pilot drillings for protective plastic pipes. The official start of construction is at the end of March, beginning of April.

    The official start of construction of this heat transport pipeline from the Renergia waste incineration plant in Perlen to Rotkreuz is planned for this spring. The district heating pipes would then also be pulled into the protective pipes under the A14 motorway. After completion of the major project, the region should save around 12,000 tons of CO2 annually.

  • Alain Baumgartner complements the management team at Zug Estates

    Alain Baumgartner complements the management team at Zug Estates

    Alain Baumgartner, MRICS, has been Head Real Estate Portfolio Management and member of the extended management team at Avobis Group AG in Zurich since October 2019. Before that, he worked for over 10 years as a portfolio manager at Swiss Life Asset Management AG, most recently as Head Portfolio Commercial / Centers and Deputy Head of Portfolio Management. Mr. Baumgartner holds a MAS Master's in Advanced Studies in Real Estate Management from the HWZ University of Applied Sciences in Zurich.