immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Gesellschaft

  • Aargau shapes the future with a development model

    Aargau shapes the future with a development model

    The canton of Aargau is a dynamic region with a high quality of life and economic attractiveness. In order to secure this strength in the long term, the cantonal government has adopted the 2025-2034 development model (ELB). This formulates clear goals and lines of action that respond to the key challenges of our time: population growth, climate change, digitalisation and a shortage of skilled workers.

    The focus is on actively shaping the further development of the canton in close cooperation with municipalities, companies, research institutions and the population. The guiding principle “Together for Aargau” summarises this collaborative approach. The ambitions in the areas of economy, society, environment and administration can only be successfully realised by working together.

    Three strategic priorities for a strong region
    Think holistically and intensify economic development
     Aargau wants to continue to position itself as an attractive location for companies, research and innovation. To this end, targeted framework conditions are being created to maintain and expand value creation and employment in the canton.

    Shaping space, securing foundations
     In the area of conflict between living, working, mobility and nature, intelligent spatial planning is essential. The aim is to proactively manage conflicts of use and protect natural resources.

    Strengthening efficient municipal structures
    The public sector should act in an efficient, cooperative and citizen-centred manner. Municipal mergers, inter-municipal cooperation and digitally supported services form the basis for this.

    These priorities are underpinned by 30 specific areas of focus that are integrated into the task and finance plan and are reviewed annually.

    Sustainability requires room for manoeuvre
    The financial framework for implementing the strategy is secure. Even if structural deficits are expected from 2026, the well-filled equalisation reserve will allow the continuation of all planned measures until 2034. Tax relief will be reviewed depending on the situation and with a view to the overall financial situation. This ensures that the canton’s room for manoeuvre is also maintained in the long term.

    From vision to implementation
    The EFA will be implemented in stages and is closely linked to medium-term planning. Numerous projects are already underway as part of the existing development agenda, from energy-efficient construction and innovation promotion to integrative housing models. New projects will be initiated, prioritised and provided with suitable resources in future.

    Progress will be reported transparently on an annual basis. This is an important step towards a fact-based and trustworthy location policy. The cantonal government is thus committed to agile, dialogue-oriented management of cantonal development in close coordination with all relevant stakeholders.

    The 2025-2034 development model is much more than a political planning instrument. It is a powerful promise to a population that prioritises quality of life. To companies that are looking for reliability and innovation and to municipalities that want to help shape their future with confidence. Aargau is thus positioning itself as a modern canton with a clear compass. Economically strong, ecologically responsible and socially anchored.

    To the booklet
  • Swiss data ecosystem

    Swiss data ecosystem

    Data is a key resource for economic development, research and social progress. To prevent data from remaining in isolated silos, the federal government is focussing on a national data ecosystem. This comprises topic-specific data spaces in which companies, universities, authorities and organisations can exchange data in a secure and controlled manner.

    The Federal Council has instructed the Federal Chancellery to create a central contact point to coordinate these data rooms. The Swiss Data Ecosystem Focal Point, which began operations on 15 January 2025, is operated by the Federal Chancellery in collaboration with the Federal Office of Communications, the Federal Statistical Office and the Directorate of International Law.

    Coordination, advice and international networking
    The main task of the contact point is to create the basis for an interoperable data ecosystem. This includes regulations, technical standards and organisational structures. At the same time, it supports ongoing data room projects with conceptual, organisational and legal advice.

    A central element is the networking of the relevant players. Experts can exchange knowledge and experience in so-called communities of practice in order to accelerate the development of joint data solutions. In addition, the contact point works with international partners such as the Fraunhofer Institute to ensure the compatibility of Swiss data spaces with European and global initiatives.

    Making data usable for business, research and society
    Several data room projects are already under development, for example in the areas of health (“DigiSanté”), tourism (“National Data Infrastructure for Tourism”) and agriculture (“agridata.ch”). Another example is the planned mobility data space, in which players from public transport, logistics and the authorities exchange mobility data. This will enable more efficient traffic management, optimised route planning for freight forwarders and faster response times for emergency services.

    With the new contact point, Switzerland is taking an important step towards utilising the potential of data sustainably and promoting digital innovations across industry and administrative boundaries.

  • Smart City Winterthur 2030

    Smart City Winterthur 2030

    Since the first smart city strategy in 2018, Winterthur has established itself as one of the most progressive cities in Switzerland. At that time, the focus was on quality of life and resource efficiency, supplemented by topics such as energy, mobility, education and health. With the revision of the strategy towards Smart City Winterthur 2030, the City Council is now focussing on new cross-cutting topics such as innovation, needs orientation and co-creation. These topics are crucial to meeting the requirements of a changing society.

    Two programmes are driving implementation
    The new strategy is being implemented through two programmes, the Innovation Programme and WinLab. The innovation programme supports employees of the city administration in the development and implementation of innovative projects. The aim is to strengthen the culture of innovation within the administration.

    The WinLab, on the other hand, acts as an urban real-world laboratory in which representatives from business, science, civil society and municipal institutions work together. In this creative space, forward-looking solutions for the city are developed and tested. Both programmes create scope for experimentation and promote sustainable innovations that meet the needs of citizens.

    A strategy for the future
    The Smart City Winterthur 2030 strategy comes into force on 1 January 2025 and is part of the long-term goal of shaping Winterthur as a sustainable and adaptable city. The strategy will be reviewed after five years at the latest to ensure that it continues to meet the needs of the city and its population.

  • Two Swiss property giants about to merge

    Two Swiss property giants about to merge

    Cham Group and Ina Invest, a property company listed on the SIX Swiss Exchange, have signed a letter of intent for a merger. This is to be completed as a “merger of equals” by 2025. The merger would create a new, strong force in the property sector that would be one of the industry leaders.

    A first-class portfolio in key locations
    The combined portfolio of the two companies comprises high-quality properties and development projects in Switzerland’s strongest economic regions, including Basel, Cham, Geneva, Lausanne, Winterthur and Zurich. Particularly impressive: the residential share will be over 50% after completion, which emphasises the focus on sustainable and future-oriented living in urban conurbations.

    Sustainability and synergies as success factors
    Both companies attach great importance to sustainability and plan to consistently implement these standards in the development and management of the properties. The merger not only brings a larger portfolio, but also clear advantages: economies of scale, greater flexibility in project realisation and improved financing options.

    The talks are currently still at an early stage. If the negotiations are successful, a vote on the merger will be held at the general meetings of the two companies in spring 2025. A merger would realign the forces in the Swiss property market and create opportunities for a sustainable future.

  • The CO2-neutral future as a common goal

    The CO2-neutral future as a common goal

    The collaboration between Zimmermann and Ackermann aims to explore innovative ways of utilising the atmosphere as a resource. Empa and Eawag are working together to develop technologies that effectively bind CO2 and thus contribute to decarbonisation. Despite the high expectations and pressure to deliver solutions, both recognise an urgent need to act and are optimistic that they can make a significant contribution.

    Research and cooperation as the key to success
    The research institutions rely not only on their internal expertise, but also on cooperation within the entire ETH Domain and with international partners. The aim is to develop practicable solutions to the climate crisis by pooling knowledge and resources. Eawag, which specialises in water research, and Empa, which focuses on materials science, complement each other perfectly in their efforts to promote both climate adaptation and climate protection.

    Future-oriented projects and technologies
    From the development of negative emission technologies to the exploitation of new energy sources from CO2, researchers are working on projects that will enable a long-term change towards a sustainable society. The initiatives include both the improvement of existing technologies and research into innovative approaches to reducing CO2 from the atmosphere.

    The various “pillars” of the concept are currently being developed, such as the extraction of CO2, its chemical conversion and, finally, technologies to produce value-adding materials in which the carbon is bound in the long term. The first projects for negative emission technologies are already under development at Empa, such as insulation materials made from biochar and types of cement that absorb CO2 during the setting process instead of releasing it. Further initiatives are to be launched next year. Ms Zimmermann herself would like to launch a wood topic based on her research background. Initial discussions between various stakeholders have begun.

    Funding and support for the research initiatives
    Funding for the ambitious projects is secured from various sources, including grants and contributions from the participating institutions. The aim is to use the research work to support not only Switzerland but also the global community in the fight against climate change.

    Switzerland as a pioneer in climate protection
    Thanks to its favourable framework conditions, Switzerland continues to be an international leader. It is ideally positioned to develop technologies and concepts and to apply and market them internationally. This increases the competitiveness of Swiss industry and makes a valuable contribution to global climate protection.

    You can find the full interview at this link. https://www.empa.ch/web/s604/mining-the-atmosphere-interview-tanja-zimmermann-martin-ackermann

  • Ina Invest Holding AG and Ina Invest AG merge into one company

    Ina Invest Holding AG and Ina Invest AG merge into one company

    Ina Invest Holding Ltd, which emerged from the spin-off of Implenia Ltd’s property portfolio in June 2020, is planning a merger with its subsidiary Ina Invest Ltd. The subsidiary is currently responsible for the development, realisation and management of Ina Invest’s real estate projects. The merger (up-stream merger) will turn the two companies into a single listed company that holds all shares in the property projects directly. The ownership structure remains unchanged. Implenia Ltd, which previously held a minority stake of 42.5% in its subsidiary Ina Invest Ltd, will in future hold around 40% of Ina Invest Holding Ltd. The public shareholders will also hold a direct stake in Ina Invest Holding Ltd.

    The Board of Directors of Ina Invest Holding Ltd. will submit the merger proposal to the Annual General Meeting on 3 April 2024. The merger is intended to simplify the corporate structure of Ina Invest, which will lead to efficiency gains and cost reductions. Ina Invest’s business model, which focuses on the development of sustainable and innovative property solutions, will remain unchanged. Ina Invest has an attractive portfolio of 18 projects with a market value of around CHF 1.4 billion in the residential, office and commercial segments.

    Implenia Ltd. will continue to hold a strategic stake in Ina Invest, work closely with Ina Invest and drive forward the expansion of the property portfolio. Implenia’s stake of around 40% does not oblige it to make a takeover offer to the other shareholders. The Articles of Association of Ina Invest Holding Ltd. will be amended accordingly. The merger is subject to the approval of the Annual General Meeting and the fulfilment of the usual closing conditions. The merger is expected to be completed in the second quarter of 2024.

  • Admicasa establishes fund management company and launches its own real estate fund

    Admicasa establishes fund management company and launches its own real estate fund

    The management plans to launch another real estate fund by the beginning of 2024. This is aimed at municipalities that are involved in the construction of public facilities such as schools, hospitals and homes and aim to build affordable housing.

    With this step, the Admicasa Group is broadening its horizons: Admicasa develops, realises and manages real estate, with the management segment targeting institutional investors in particular. With the fund management segment, Admicasa is now also targeting a wider circle of investors.

    Beat Langenbach will take over as Chairman of the Board of Directors of Admicasa Fondsleitung AG. The accomplished entrepreneur is the founder of a successful brokerage company and former Chairman of the Admicasa Group.

    Beat Langenbach will be assisted by three high-calibre members of the Board of Directors: Professor Michael Trübestein is head of the Real Estate Management course at the University of Lucerne and holds various directorships in the real estate industry. Thomas Bergmann has many years of experience as an entrepreneur in the real estate industry

    In the real estate industry. And Walter Keller brings two decades of experience in the fund industry, including as Head of Custodian Bank at BNP Paribas.

    With Peter Csoport, Admicasa was able to gain a proven investment and real estate specialist who will lead the operational business of the fund management as CEO.

    The Swiss financial centre now has 53 licensed fund management companies. A majority of these are large banks and insurance companies. The new Admicasa Fondsleitung AG belongs to the exclusive group of medium-sized and independent fund management companies. “Now a broad range of investors can participate in the added value we create in the real estate industry with creative solutions,” says Serge Aerne, Chairman of the Board of Directors of the Admicasa Group. “We want to shake up the market.”

  • How do you develop climate-neutral real estate?

    How do you develop climate-neutral real estate?

    The Implenia Real Estate Division has examined 36 of its own development projects in Switzerland to get to the bottom of the question of how climate-neutral buildings can be realised. From this study, the most important levers for decarbonising buildings over their entire life cycle can be derived, in terms of emissions during construction as well as during operation. These influencing factors have been incorporated into a white paper.

    The real estate sector is responsible for around 36% of primary energy consumption and 37% of greenhouse gas emissions. In order to achieve the 1.5 degree target by 2050 set in the Paris Agreement and to reduce global greenhouse gas emissions, decarbonisation must become equally central to the development and construction of real estate.

    The analysis of real estate development projects has shown that the most effective levers for decarbonisation can be found in the early planning phase, starting with site selection. If the site conditions are unfavourable from a renewable energy perspective, it is much more difficult to achieve net-zero use. Building parameters established early on, such as shape, compactness, orientation, basement and support structure, also have a significant impact on emissions targets.

    “With the right combination of location, design, the use of renewable energies, intelligent systems and ecological materials, we develop buildings in which future generations can live and work sustainably,” says Marc Lyon, Head Real Estate Development Switzerland at Implenia.

    Further information at implenia.com/net-zero/

  • Relevance of social sustainability in institutional real estate portfolios

    Relevance of social sustainability in institutional real estate portfolios

    Ms Zimmerli, you are developing criteria for assessing the social sustainability of institutional real estate portfolios. What are your motives?
    In recent years, many institutional owners have set climate targets that go beyond the legal requirements as part of their ESG strategies. After the “E”, the “S” is now slowly coming into focus. The problem is that nobody really knows what constitutes social sustainability. We observe that a lot is projected into the “S”, and the big social contexts are often pushed into the background. We have therefore decided to test with partners from academia, real estate associations and institutional investors on the basis of various portfolios what an operationalisation of social sustainability might look like. Our goal is to define a few clear, easily interpretable and comparable key figures for social performance, to create short checklists to complement them, and thus to give more room to competition for good ideas.

    Many portfolio and asset managers are currently busy preparing reliable energy and emissions data. What prompts you to develop key figures for social sustainability right now?
    It is true that the focus of the real estate industry is still on the collection of climate key figures at the moment. Thanks to the REIDA CO2 benchmark and the environmentally relevant AMAS key figures, there is now a clear orientation framework and good instruments. We want to take both the momentum and the focus on the essentials of these instruments with us, because we are convinced that the real estate industry simply cannot afford to reduce sustainability to environmental issues. The heated debates on the reference interest rate, housing protection and major development projects show that the public and politicians also expect sustainable real estate portfolios to provide answers to social questions.

    In the industry, there is currently no consensus on what is meant by the “S” or how societal-social sustainability should be measured. How do you see it?
    Against the background of the current political discussions, the “S” is not complicated: At the societal level, it is about providing housing to broad segments of the population, about socially mixed living environments and about well-functioning neighbourhoods and districts. For institutional owners, it is about how property portfolios are structured and how the available living space is distributed. For new construction and renewal projects, the question is what happens to existing tenants, for which target groups additional living space is created and how neighbourhoods and districts can be strengthened. Of course, there are countless other needs. However, we believe that key figures should refer to the major social levers and that the market should play a role in individual needs.

    How can and should the “social performance” of a real estate portfolio be effectively measured or assessed?
    We are guided by the philosophy of the environmentally relevant key figures of AMAS and REIDA: “Keep it simple”. In essence, social performance can be measured simply with hard-testable key figures: We are currently testing how data on the portfolio structure and on first-time lettings and re-letting can be collected and evaluated as simply as possible. In addition, we are developing questionnaires that owners can use in their tenant surveys to obtain reliable findings on satisfaction with the neighbourhood, flat or property management. Finally, we use classic key figures on fluctuations and vacancies, which are usually already collected and evaluated.

    The optimisation of ecological criteria often requires high investments. This creates incentives to sell properties with a poor ecological balance. Do properties with poor social ratings face the same fate?

    No, from our point of view there is no danger of stranded assets in terms of social sustainability. We are convinced that basically every property can be transformed in a socially sustainable way with reasonable effort. The most important levers here are renewal planning and management. Renewal planning determines when which properties are to be adapted to current needs and market prices. In management, decisions are made as to who will receive affordable or barrier-free living space. We have selected key figures that can be directly influenced by portfolio and asset managers. We understand social sustainability as the result of far-sighted portfolio and asset management and consistent marketing and management, and not as a property or location attribute. We are also convinced that properties with strong social qualities can compensate for environmental weaknesses.

    Many owners find it difficult that innovative ideas and approaches with which they want to stand out from competitors disappear in extensive checklists and indicator sets of sustainability labels. How can this be prevented?
    By separating obligation from freestyle. We pursue the same goal with social sustainability as REIDA does with ecological aspects: A few uniform key figures should make it visible and comparable how well a portfolio fulfils the mandatory programme. In addition, there are topics for which there are no standardised specifications. Fund management companies and asset managers should be free to decide and communicate how they want to ensure, for example, good neighbourhood care, good cohabitation or good tenant management. We see the “how” as a freestyle; this is where competition, creativity and innovation should play a role. In other words, we want more goal orientation and less micromanagement. In a highly regulated world, ESG should not be a tighter corset, but a springboard with which the real estate industry can prove what it can achieve with yield-oriented portfolios.

    Where do you stand with the key performance indicator set?
    We are currently working on concretising and validating our approach on the basis of four funds of our partners. We will present the findings and a first consolidated draft on 28 September 2023 at the symposium “Measuring social sustainability in ESG – what is it all about?” and discuss it with owners, managers and experts. Interested readers can register here . I would be pleased if we could welcome you at the HWZ in Zurich.

    Source: ssrei.ch

  • First SNBS certification level platinum for timber construction in St. Gallen

    First SNBS certification level platinum for timber construction in St. Gallen

    On April 21, Stefanie Steiner from the certification organization SNBS presented the certificate at a certification ceremony in the Tröckneturm St. Gallen and thanked the builder Previs Vorsorge for the good work and handling of the certification.

    The Waldacker development is made up of two long, kinked rows of buildings that hug the natural terrain lengthways. Together they form an interior space that serves as a meeting and communication space for the residents. From the upper edge of the basement, the buildings were almost entirely built using timber system construction with closed, rear-ventilated spruce wood formwork, including the lift shafts. The timber construction was inspired by the historic Tröckneturm, which is located directly next to the superstructure.

    The living room has external areas on both sides in the form of a veranda and an integrated winter garden. The apartments are accessed via a continuous arcade; Access is via external, covered stairwells. Photovoltaic systems were installed on the roofs and the heat supply is ensured by the district heating network of the city of St. Gallen. Between the two rows of buildings, a continuously green inner space with a playground and seating areas invites you to linger. The neighborhood should be kept car-free as much as possible. There is a large number of bicycle parking spaces and charging stations for e-bikes and e-cars. There are also Mobility vehicles that can be used by tenants.

  • Zurich launches platform MeinQuartier.Zuerich for more say

    Zurich launches platform MeinQuartier.Zuerich for more say

    The City of Zurich is launching an online platform to increase networking and involve people in their districts. On MeinQuartier.Zuerich , residents should be able to receive information from and about their districts and get in touch with clubs and community centers as well as neighbors, according to a press release .

    MeinQuartier.Zuerich is based on the open-source software Decidim , which various cities around the world are already using. In this country, Geneva, Lausanne and Lucerne use the open source software. The costs for the construction and operation of MeinQuartier.Zuerich for the city of Zurich amount to around CHF 175,000 by the end of the pilot phase at the end of 2023.

    The district platform is the result of a participatory process between urban development and the districts in 2019. A digital platform for the districts emerged from this “as an important concern of this process,” according to the media release. It includes functions such as publishing information, events and blog entries as well as conducting surveys.

    Four neighborhood associations, the Zurich community centers and other organizations were involved in the development process. “Contact with the population is very important to us. We hope that we can support our work with digital surveys and collections of ideas even better and, above all, more broadly in the district,” Balz Bürgisser, President of the Witikon District Association, is quoted as saying in the media release.

    Clubs and organizations can register using aform on the website and take part in an information event on March 29th.

  • Groundbreaking for the new community center in Spreitbach has taken place

    Groundbreaking for the new community center in Spreitbach has taken place

    The construction of the new community center in Spreitbach has started with the ground-breaking ceremony. According to a press release by fsp architects from Spreitenbach, the new administration building is designed for a population of 15,000. When the old community center was built in 1964, Spreitenbach still had around 9,000 residents. According to the municipality's website , there are now 12,079, of which 5,986 are Swiss and 6,093 are foreigners.

    Planning for the new parish hall began in 2016. A first draft with a planned cost of more than 18 million Swiss francs was rejected. The new cost plan provides for expenditure of CHF 13 million and was approved in early 2020.

    According to an article in the "Aargauer Zeitung", architects, entrepreneurs and members of the building commission were present at the start of construction, as well as mayor Markus Mötteli (centre) and councilor Roger Mohr (SVP). "For the building commission and the planners involved, this is a big moment and the step from theory to practice," says architect and overall project manager Markus Schärer from fsp Architekten. With the new community center in a central location between the village and the commercial zone, the population will have a center and point of identification, according to the statement by fsp architects.

    According to the planning, the new community center should be ready in June 2023. It will also have an underground garage as well as a parking lot. A photovoltaic system will be installed on the roof to supply energy. The old parish hall may later be converted into a school building.

  • Residential locations in the countryside are becoming more attractive

    Residential locations in the countryside are becoming more attractive

    Swiss people rarely move. And when they do, in half of all relocations the new place of residence is only five kilometers away from the old one. The average distance is 13 kilometers. This is shown by a representative survey of the house and living situation in Switzerland by Swiss Life .

    As the life insurance group explains in a press release , almost 60 percent of homeowners and 25 percent of tenants have been living in their current home for ten years or more. At the same time, however, for around 30 percent of those surveyed, the desire to live in the countryside or at least with a terrace increased during the pandemic.

    Around two thirds of homeowners have felt more quality of life and more self-determination since buying their own home. 37 percent said that they were completely satisfied with their current living situation, especially those who owned their own home. 15 percent are moderately or not at all satisfied. Most of them lack space or a garden, or they are bothered by noise and environmental pollution.

    Over 60 percent of those who can imagine buying their own home in the next five years expect that this would improve their quality of life. But only 21 percent of them are actively looking for a home of their own.

    Requirements for the ideal place to live in terms of costs, equipment and security vary depending on the language region. In addition, a garden is central in the country, and there is a connection to local public transport in the city. If this is perceived as good, the willingness of commuters to move decreases.

  • Switzerland has the best energy system

    Switzerland has the best energy system

    Taking into account the three criteria of energy security, equity and ecological sustainability, Switzerland has the most exemplary energy system in the world. As in the previous year, it thus achieved the top spot. That comes from the World Energy Trilemma Index 2020 of the World Energy Council. He created this together with the global strategy consulting firm Oliver Wyman .

    As the World Energy Council writes in a press release , this index analyzes historical trends. They are designed to enable energy policy makers and stakeholders to track their performance over time and compare it with others.

    Above all, its high share of hydropower gives Switzerland the top spot in this ranking of a total of 130 countries. It is also in the top 10 for affordability. This is thanks to the overall high level of prosperity. Only when it comes to security of supply does the country not make it into the top ten. The Swiss energy mix is not diversified enough for that. Canada holds this top position, followed by Finland and Romania. All three countries have large hydropower resources and invest heavily in solar and wind energy.

    The three countries with the biggest leap up in the overall rating are Cambodia, Myanmar and Kenya. This is primarily due to their performance in providing universal access to energy. This criterion, which the World Energy Council calls energy justice, has seen the most significant improvements since 2000, especially in developing countries.

    Instruments such as the World Energy Trilemma Index are more important than ever, according to the Secretary General of the World Energy Council, Dr. Angela Wilkinson: "The index enables individual countries to learn from each other what works and what doesn't when connecting the dots between people, planet and prosperity."

    One thing is certain, says François Austin, Partner and Global Head of Energy at Oliver Wyman: "The top performing nations achieve their energy goals by balancing politics, entrepreneurship, national resource use and changes in individual behavior with environmental issues." Giving political decision-makers and business leaders the direction for shaping the future of energy ”.

  • Elderly apartments in Bergdietikon are to be modernized

    Elderly apartments in Bergdietikon are to be modernized

    The Foundation for Age-Appropriate Living in Bergdietikon (AGW) built the facility in Schlittental 25 years ago according to the then modern standards of equipment and technology. The Bergdietikon municipality made the area available at the time. Today demands and needs have evolved. That is why the Board of Trustees wants to analyze the situation by examining not only the mix of apartments and the standard of construction, but also the question of pricing and, last but not least, the individual types of housing that are particularly suitable for handicapped people, as stated in a communication . A proposal for the renovation of the building to meet contemporary needs should be available by the end of the year.

    The rental apartments, which, unlike in old people's homes, are offered without services, are "a little old" and no longer meet today's standards. Some of the total of 18 apartments could therefore no longer be rented out despite the overall clear demand.

    In order to determine the real needs, residents and interested parties should be asked about their ideas. But one thing is certain: services such as those offered in old people's homes or larger institutions are not economically viable.

    The residential building for age-appropriate living is located directly in the center of Bergdietikon. The post office, the center, the Volg store, the cemetery and the bus stop can be reached in a few minutes, the foundation describes the property. And adds: With a distant view of the Limmat Valley and a view of the hilly landscape on the mountain side.