Tag: Größenordnung

  • Decline in orders continues

    Decline in orders continues

    In the first half of 2023, the main construction industry generated 11 billion Swiss francs in turnover, which is practically stagnant compared to the same semester last year. Building construction and civil engineering developed similarly. Accordingly, capacity utilisation is still high and the employment situation is good.

    Lower construction activity in the medium term

    In the medium term, however, the outlook is becoming gloomier. In the first half of the current year, orders in building construction were CHF 0.6 billion lower than in the same period last year, in civil engineering CHF 0.5 billion lower. Overall, this corresponds to a decline of 8.3 percent. Several companies even reported a negative order intake overall. This means that already planned construction projects were temporarily paused, redimensioned or completely put on hold.

    Accordingly, the work in progress has also decreased in the past quarters, standing at 15.9 billion Swiss francs at the end of June 2023, 2.6 percent lower than a year ago.

    From housing surplus to housing shortage

    The stock of housing orders has also declined. The trend is clear, too few flats will be built this year and next. In the last 12 months, the franc volume of approved housing applications has fallen by 9 per cent compared to the previous 12 months. The housing shortage could be solved more quickly with less regulation. In addition, appeals are often used to push through particular interests at the expense of the creation of new housing. SBC will lobby accordingly at the Federal Council’s next round table on the housing shortage so that construction activity can be accelerated again.

    SBC thanks Credit Suisse for very good cooperation – Construction Index to be continued

    The Construction Index predicts a 2% increase in turnover for the next quarter compared to the same period last year. This edition marks the end of SBC’s 14-year partnership with Credit Suisse on the Construction Index. SBC would like to thank Credit Suisse for the always very good cooperation, it has been greatly appreciated. SBC will continue the established forecasting tool, from the 4th quarter of 2023 in an adapted form and with a new look.

  • ACRON acquires certified sustainable office property in Leudelange, Luxembourg

    ACRON acquires certified sustainable office property in Leudelange, Luxembourg

    “With our participation in the fully rented office building WOODEN, designed according to the ecological state of the art, we are offering German investors, among others, a direct investment in a sustainable property. By investing in this project, investors have the best prospects for a stable and promising investment," says Kai Bender, Managing Director of ACRON GmbH.

    Wooden SA is the owner of the WOODEN office property, whose floor space of 9,462 m² is fully let to renowned financial companies. Among other things, the building will house the headquarters of Bâloise Assurances Luxembourg. The Baloise leases around 82 percent of the total floor space for up to 15 years. The remaining 18 percent will be used by the CLE (Compagnie Luxembourgeoise d'Entreprises) until at least the end of 2028.

    The first wooden office building of this size in Luxembourg is a "pioneer project" at a desirable location in Leudelange. The growing importance and rapid development have already made Leudelange the most important conurbation in Luxembourg and one of the top locations for real estate in the country.

    The tenants are expected to be able to move into their office space from the end of 2022.

    This investment opportunity is open to semi-professional and professional investors from Germany via ACRON LUX REAL ESTATE I SCS (ISIN: LU2399210942), which was founded specifically for this purpose. After the investment in this club deal has been fully placed with 10 to 15 investors, the composition of the group of investors will probably not change until the exit. The company's goal is to develop WOODEN, hold and manage the property and later sell it for a profit.

    BREEAM is the world's leading certification system for sustainable construction, which includes the entire life cycle of buildings – from new construction to use and maintenance. WOODEN was rated "BREEAM Excellent". The WELL Building Standard was developed to promote health and well-being in buildings worldwide. The types of wood used in the property come exclusively from sustainable forestry from PEFC-certified forests in the greater Luxembourg area. For every tree felled, one or two new ones are planted.