Schlieren’s location promotion organisation can look back on a successful year. On 30 November, 1319 legal entities were established in the city, a new record. According to a statement from the location promotion organisation, the majority of new companies are still attracted by the existing clusters. These primarily include the Bio-Technopark with its national and international reputation, but also the Healthtechpark and the start-up cluster.
In future, the city also wants to increase its attractiveness in the SME and commercial environment. To this end, the Schlieren North-East Site Committee was founded in September. It is made up of 25 property owners of the area along Rütistrasse. More than 80 companies with around 900 jobs are already active there today. In future, Schlieren North-East is to be developed into a brand in the SME and commercial sectors.
This is already having an effect. “Even at the numerous business and trade events at Schlierefäscht, I noticed new companies that were directly involved in networking in Schlieren,” location promoter Albert Schweizer is quoted as saying in the press release. As a member of the Schlierefäscht organising committee, Schweizer was responsible for sponsorship.
Credit Exchange AG has gained two new shareholders, PostFinance and GLKB, according to a press release. The two banks will also sit on the company’s board of directors. Mobiliar and Swisscom from Berne, Vaudoise Insurance from Lausanne and Bank Avera from Wetzikon ZH are already represented on the board. Mobiliar and Vaudoise Versicherungen will also participate in the current capital increase.
The new shareholders want to help expand the mortgage marketplace CredEx. To this end, PostFinance will also contribute its comparison and closing platform Valuu to CredEx. Specifically, Valuu is to be transferred to the joint venture CredEx, as PostFinance explains in a statement. CredEx will then bundle the brokerage business under the Valuu brand and continue to operate the brokerage business.
GLKB is already a long-standing partner of CredEx. “Over the years, a unique settlement ecosystem has been developed together with GLKB, which has greatly contributed to CredEx’s success,” Andrea Canonica, CXO of Credit Exchange AG, was quoted as saying in the statement. “With GLKB’s rich experience in the fintech sector, I am convinced that we will also achieve similar milestones together on the financing side,” Canonica added.
From now on, Steiner AG will realise all complex large-scale projects by means of integrated project delivery (IPD), the Zurich-based real estate developer informs in a press release. This method relies on close cooperation between all those involved in the project. They not only share the risks of the project, but also all participate in its success. In this way, the success of the project is to take centre stage and the “silo thinking” characterised by self-interest is to be replaced by the common goal of finding the best for the project.
The first project is the Zukunftspforte Menziken. Steiner is building a development with around 180 rental and owner-occupied flats as well as commercial space on a 10,700 square metre former industrial site in the centre of the Aargau municipality of Menziken. The alliance partners for general planning, the planning of heating, ventilation, air conditioning, plumbing and electrical as well as for civil engineering, electrical execution, landscape architecture and shell construction have already been won by client Steiner for the implementation of the project. Two more for construction management envelope and finishing as well as for heating, ventilation, air-conditioning and plumbing are still being sought. Construction is scheduled to begin in 2025.
Act instead of react – always one step ahead of the next crisis The world is changing differently and faster than expected. Various crises are developing in parallel and at different speeds: For example, the shortage of skilled workers is accompanied by higher raw material and energy costs, inflation and rising interest rates. The JLL Victor value development index for top office buildings, for example, has fallen more sharply than ever before in the major German cities. Values have fallen by 11.2 per cent over the course of 2022. Real estate companies have been permanently in crisis mode since Corona. “Whether it’s rising prices or a shortage of materials, as a company I have to be able to react to this quickly and flexibly. What does that mean for internal structures? Only if I have my documents and data at hand in high quality at all times without major searches can I flexibly buy or sell assets, design projects transparently, streamline processes. And so I am always one step ahead of the next crisis. A digital data strategy and a document management system based on it are exactly what we need. They form the basis for every decision,” says digitalisation expert Penn.
Enforcing warranty claims In challenging times, real estate companies look for ways to protect their margins. A perennial issue in asset and property management is the warranty. Warranty claims are often not asserted in time or not asserted at all, resulting in additional renovation costs for individual trades. This means that commercial property owners lose a lot of money. Often the knowledge about this lies with individual employees or even external property management partners. If they leave a company or the external property manager is changed, no one knows who is now obliged to do what. Or, if files and documents cannot be found at all or are not available quickly enough, sometimes deadlines simply expire. Then the portfolio owner or property manager is left with nothing and is stuck with the costs, and the portfolio performance drops. Here, too, a systematic DMS can bring transparency and remedy the situation.
Talk more honestly about digitalisation The real estate industry needs digital solutions that are tailored to its specific needs and at the same time establish standards. This is especially true for large companies that have to manage real estate in all lifecycle phases. “Software providers have made many promises in the past that have led to inflated expectations that have not been met and have left scorched earth,” says Penn and demands: “We need to be more honest about digitalisation. More honest in our expectations of a solution. More honest in what a solution can achieve. And more honest about what the path to a digital real estate economy looks like. Because successful digital projects always have one thing in common: an honest collaboration between provider and customer with a common goal and the users in focus.”
Attractive economic area The economic area between Zurich, Basel, Bern and southern Germany is one of the most successful and attractive locations in Europe for companies. The canton of Aargau makes a significant contribution to the success of this region. Small and medium-sized companies as well as global corporations are successful in various industries in Aargau. Their brands stand for a wide range of expertise and know-how in future-oriented key technologies. The geographical location in the middle of Europe guarantees proximity to national and international markets.
A network for success Renowned research institutions in the canton of Aargau give companies direct and easy access to the latest available technologies and the most modern technical infrastructures. With the High-Tech Center, the Innovaare Park, the Technopark, the Northwestern Switzerland University of Applied Sciences and the Paul Scherrer Institute, companies have highly competent innovation partners at their side who support them in their innovation projects.
Smart investments in two ways There is a business-oriented and entrepreneur-friendly climate in the canton of Aargau. Innovative companies can benefit from tax instruments such as the patent box or maximum deductions for research and development. After the end of the year, the company therefore regularly has more money for new investments.
The canton of Aargau is not only attractive because of its strategically advantageous location. Compared to the urban agglomerations, you can purchase land and real estate in Aargau much cheaper; there is sufficient space available for future work zones. Aargau companies also benefit on average from lower wage costs.
Testimonials
Roger Süess CEO Green
With Lupfig in the canton of Aargau, we have found an ideal location for our first data center campus. Comprehensively and securely developed, it serves discerning corporate customers and international cloud providers alike as a Swiss data hub.
Dieter Egli Government Council Head of Department of Economics and Home Affairs (DVI)
Aargau is a location for growth and development. Important research institutions work here with innovative companies and up-and-coming young companies. We achieve progress – always according to the principle of sustainability, so that our livelihoods are preserved.
Dr. Martin Schumacher Country Managing Director Hitachi ABB Power Grids
Hitachi ABB Power Grids values the innovative, sustainable environment that is offered to companies and their employees in the city of Baden and the surrounding area. Historically, we have had strong roots in the city since the BBC was founded in 1891.
Suzanne Marclay-Merz VRP Merz AG VRP Bank Leerau Grand Councilor of the Canton of Aargau City Councilor Aarau
Aargau offers companies a business-friendly environment and active, needs-based support. The location is optimally located in terms of transport, has excellent skilled workers, offers good educational opportunities and a high quality of life.
Contact Success needs good partners. Count on our experienced and professional team to support you in all aspects of the business location Aargau can advise.
Canton of Aargau, Department of Economics and Home Affairs, Aargau Services Economic Promotion, Rain 53, 5001 Aarau, +41 62 835 24 40, aargau.services@ag.ch, www.aargauservices.ch
Between January and October 2020, the Andermatt Swiss Alps Group was able to sell properties worth more than 85 million francs, the company responsible for the development, realization and operation of the holiday destination informs in a message . In a year-on-year comparison, this corresponds to growth of 28 percent. The number of visitors to the SkiArena Andermatt-Sedrun and the Andermatt Golf Course during summer operations increased by 12 and 50 percent respectively compared to the previous year. This means that the group has continued its positive business development from the first half of 2020, according to the announcement.
The Hotel The Chedi Andermatt was also able to book significantly more overnight stays in the first ten months of 2020 than in the previous year, the Andermatt Swiss Alps Group continues in the message. Specifically, "the historically highest occupancy rate" of 68 percent was achieved. In the same period of the previous year, the hotel The Chedi Andermatt had an occupancy rate of 53 percent.
As of October 31, skiing on the Gemsstock started due to the pandemic with a corresponding plan of action, is further explained in the communication. The canton of Uri has certified the operators safe operation, writes the Andermatt Swiss Alps Group. On the first two weekends of the winter season, the ski operation on the Gemsstock was sold out with around 1000 guests a day.
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