Tag: Bredella

  • Ina Invest completes acquisition of Ceres Group

    Ina Invest completes acquisition of Ceres Group

    Ina Invest has completely taken over the Ceres Group. The real estate company based in Opfikon is the majority owner of the Ceres Group based in Pratteln, according to a press release .

    The heart of the acquisition is the Buss site at Pratteln station with the Bredella development project. The commercial and industrial park with an area of more than 80,000 square meters is to be converted into a city district with 70 percent residential space and 30 percent commercial space over the next 20 years. Ina Invest wants to build more than 1000 apartments there.

    The transaction was announced on December 16, 2021. Part of the purchase price, about which confidentiality was agreed, was paid by Ina Invest in treasury shares. In addition, 886,656 titles were issued. After completion of the transaction, Ina Invest’s share capital will be around CHF 292,000, divided into 9.75 million registered shares.

  • Ina Invest takes over the implementation of Bredella in Pratteln

    Ina Invest takes over the implementation of Bredella in Pratteln

    Ina Invest will take over the majority of the CERES Group Holding AG, informs the real estate company based in Opfikon in a message . Further shares in the company of the Lucerne investor Hermann Alexander Beyeler go to Ina Invest investment partners not named in the communication.

    The Bredella development area in Pratteln is named as the heart of the new acquisition. The industrial and commercial park located here is to be replaced in the next 20 years by a city quarter with 70 percent living space and 30 percent commercial space.

    Ina Invest writes that the market value of the properties on the 82,600 square meter area at Pratteln train station will increase from around CHF 300 million today to over CHF 1 billion. The commercial space in Bredella currently generates around 8.6 million Swiss francs in rental income. HRS Real Estate AG and Implenia as general contractors are to take on the implementation of the project in equal parts.

    Ina Invest intends to pay part of the purchase price in the form of shares. Specifically, 10 percent of Ina Invest's share capital is to be transferred to Hermann Alexander Beyeler. Ina Invest intends to offer the current tenants on the site "in the course of the site development further suitable areas on the site".

    In the same communication, Ina Invest communicates the appointment of Daniel Baumann as CFO. The business economist who works at Implenia has "supported Ina Invest in all business matters" since the company was spun off from Implenia and the subsequent IPO in summer 2020. Baumann will take up his new office at the beginning of 2022.