Tag: immobilien

  • PropertyMatch is coming to Switzerland

    PropertyMatch is coming to Switzerland

    PMCH SA, based in the canton of Vaud, and the Vaudois Cantonal Bank ( BCV ) have activated a Swiss version of PropertyMatch, according to a message . The international real estate platform was originally launched in 2009 by CBRE , a global service company, and the GFI Group trading platform. Since then, it has reportedly contributed to more than 1,700 transactions for a total of over $ 15 billion in the secondary market.

    The Swiss side is accessible at propertymatch.ch. The platform specializes in unlisted collective real estate investments and offers users real-time price information. It is primarily aimed at institutional investors and independent asset managers.

    The site was initially started with unlisted real estate investments deposited with BCV. However, the offer is to be gradually expanded and expanded to include all of the unlisted collective Swiss real estate investments, it says.

    The Swiss version of PropertyMatch is operated by PMCH SA. The BCV custodian is responsible for handling the transactions.

  • Enerdrape wins with climate panels for buildings

    Enerdrape wins with climate panels for buildings

    Enerdrape has 150, 000 francs under the support of Venture Kick obtained as from a message stating. The spin-off from the Swiss Federal Institute of Technology in Lausanne ( EPFL ) is developing a sustainable solution for air conditioning in buildings. The start-up's system consists of modular panels that are installed indoors. These use the existing thermal energy and waste heat to heat and cool the building.

    According to Enerdrape, heating and cooling buildings alone are responsible for around 40 percent of CO2 emissions in Europe. According to the start-up, sustainable alternatives often require a complex installation process and are also expensive. In contrast, the solution from Enerdrape is cheap and easy to implement. The company's panels are particularly intended for installation in underground garages and commercial buildings. In Europe, Enerdrape sees a potential market of CHF 40 million here.

    The Venture Kick funding initiative supports young companies from the idea to the establishment of a company. The Venture Kick Foundation mandated the institute for young companies , which is represented in Schlieren ZH, St.Gallen and Lausanne, to carry out the initiative.

  • Poenina Group takes over two companies

    Poenina Group takes over two companies

    Poenina Holding AG buys two companies: Längle & Staub Sanitärplanung GmbH , based in St. Gallen, and Christian Jost AG , based in Chur. The building services group from the Greater Zurich Area announced the signing of the corresponding contracts in a press release . The takeover will take effect on June 30th.

    Both companies will continue to operate under their own names. Längle & Staub has six employees and an annual turnover of around 1 million francs. The business will be continued by the previous managing director Jürgen Längle. Längle & Staub offers specialist planning of sanitary and building technology systems, from which the Poenina Group would like to benefit.

    Christian Jost AG has 14 employees and an annual turnover of around 3 million francs. The family business offers services in the areas of sanitary, heating and ventilation technology. According to a press release, the company will be managed with immediate effect by Giacomo Lecchino, the managing director of Willi Haustechnik AG, which is also part of the Poenina Group and has its headquarters in Chur.

    "We warmly welcome the employees of both companies and look forward to working with them," said Jean Claude Bregy, CEO of Poenina, in the press release.

  • Sedimentum cooperates with bonacasa

    Sedimentum cooperates with bonacasa

    Many elderly people need to live independently in their own four walls for as long as possible, Sedimentum writes in a press release . The young company from Zug has developed a sensor that automatically calls for help in the event of a fall. Sedimentum is now teaming up with bonacasa for a pilot project. The Solothurn-based company, which specializes in living with services, will equip various of its residential units with the sensors.

    Sedimentum's fall sensors are mounted on the ceiling like a lamp, the company said in the press release. The sensor works without a camera and microphone, but is able to detect a fall. In such a case, the sensor independently requests help, for example from Spitex or the concierge service. In this way, both the physical security and the privacy of the residents of the apartment are protected, writes Sedimentum.

  • Implenia hands over the Dialogplatz in Winterthur

    Implenia hands over the Dialogplatz in Winterthur

    Implenia ceremoniously handed over the dialogue space, which was completed in spring, to the city of Winterthur on June 8th, the real estate company informed in a message . The name of the approximately 5,800 square meter open space in the Lokstadt district of Winterthur goes back to a wage dispute at Sulzer that was settled in 1937. Implenia writes that in the future, the dialogue space should be a central place for meeting and exchanging ideas. "We are very pleased to be able to present the residents of Lokstadt and all Winterthur residents with a great town square and meeting place that can be used in many ways", Adrian Wyss, Head of Implenia's Real Estate Division, is quoted in the press release.

    Implenia developed the dialogue space, which is part of the 21,000 square meter open space in the Lokstadt district, in collaboration with the city of Winterthur. In the course of the takeover, the city will gradually be responsible for the operation and maintenance of the square. Implenia is contributing 6 million francs for future maintenance and renovation costs.

    The square, which is located in a new pedestrian zone, offers a variety of opportunities to stay, meet and play, is further explained in the communication. Specifically, Implenia lists a playground, shady trees, a system for roller sports equipment (pump track), a drinking fountain, seating and a catering area.

  • Nova Property increases capital for real estate funds

    Nova Property increases capital for real estate funds

    Nova Property has successfully completed a capital increase for its Swiss Central City Real Estate Fund, the company acting as fund management company informs in a release . During the capital increase carried out from May 25 to June 4, a total of 760,414 new shares were issued to existing shareholders and new investors at a subscription price of 108.80 francs each. A new share could be acquired for every three subscription rights.

    The capital increase was "significantly oversubscribed", explains Nova Property in the announcement. In total, it brought in new funds totaling 82.7 million francs for the Swiss Central City Real Estate Fund. Nova Property intends to use the funds to further expand the property portfolio. The fund, which is traded over the counter by Bank J. Safra Sarasin, holds real estate in central locations throughout Switzerland.

  • Cosmos construction project goes to real estate fund

    Cosmos construction project goes to real estate fund

    Mobimo is selling its building-approved Cosmos project in Dübendorf to a real estate fund managed by Credit Suisse , the Lucerne real estate company informed in apress release . In 2000, Mobimo acquired the corresponding property on Zürichstrasse. Instead of the commercial building that existed at the time, four new buildings with a total of around 170 apartments as well as areas that can be used for offices, businesses or sales are to be built.

    Construction work is scheduled to start this month. In the late summer of 2023, the buildings complying with the Sustainable Building Switzerland Standard (SNBS Gold) and the greenproperty seal of approval should be completed. Among other things, a photovoltaic system and a geothermal probe will be installed, explains Mobimo.

    “We have developed a convincing new building project from an investment property with potential,” Mobimo CEO Daniel Ducrey is quoted in the press release. "Cosmos is a good example of the interaction between active portfolio management and internal development competence."

  • Novavest plans another capital increase

    Novavest plans another capital increase

    Novavest Real Estate AG would like to expand its portfolio of properties, the Zurich real estate company informs in a message . The necessary funds are to be brought in via a capital increase. Specifically, Novavest is planning to issue up to 642,619 new registered shares with a nominal value of CHF 26.90 each. The reference value was set at CHF 42.05 per share.

    In the case of the capital increase planned for the period from June 14 to 23, existing shareholders of Novavest Real Estate AG will be granted a right to purchase one new share for every eleven registered shares already held. If all subscription rights are exercised in full and the capital increase is fully exhausted, the transaction volume will be around CHF 27 million, Novavest explains in the announcement.

    Novavest had already successfully completed a capital increase last December. Investors subscribed to a total of 631,145 new registered shares at a subscription price of CHF 41.70 each with a nominal value of CHF 28.55. Novavest also used the funds raised in this capital increase of around CHF 26.3 million to expand its own real estate portfolio. At the end of May, the company then lowered the nominal value of its shares by 1.65 francs to 26.90 francs. The difference is to be paid out on June 8th.

  • Implenia impresses with sustainability

    Implenia impresses with sustainability

    In the current sustainability ranking from Sustainalytics , Implenia has further expanded its leading position in environmental, social and governance matters, the real estate company from Dietlikon informs in a press release . In concrete terms, Implenia had increased its overall rating by 5 to 84 points compared to the previous year. Implenia also took the top spot among a total of 66 real estate companies examined in the three individual sub-categories of environment, social affairs and governance.

    “This outstanding result confirms our ambitious path and we will continue to pursue it with our new sustainability goals”, Anita Eckardt, Chairwoman of Implenia’s Sustainability Committee, is quoted in the press release. “From CO2 reduction on our path to climate neutrality to the highest standards of a sustainable supply chain and circular economy, the twelve goals cover a broad spectrum of what we want to achieve in the coming years.” Implenia is making the full Sustainalytics report available on the Internet Disposal.

    Sustainalytics, based in Amsterdam, specializes in assessing the sustainability of listed companies. The evaluation is also of financial importance. More and more investors and institutional investors are showing interest in whether sustainability strategies are effective and affect supply chains and product delivery. The annual appraisal gives you an independent assessment of your investments. Implenia is currently receiving “more favorable financing terms” due to its very good rating, writes the real estate company.

  • Umwelt Arena implements lighthouse project in Urdorf

    Umwelt Arena implements lighthouse project in Urdorf

    The development of the Umwelt Arena in Männedorf received the Watt d'or 2021 from the Federal Office of Energy. The two multi-family houses in Männedorf can cover their energy needs with photovoltaic modules on the facades and roofs and two wind turbines. This means that your residents are exempt from electricity and heating costs up to an upper limit.

    The Umwelt Arena is now following up with a new lighthouse project. In Urdorf, three more energy self-sufficient residential buildings are to be realized, is explained in an article on energeia + . The blog of the Federal Office of Energy will accompany the implementation of the project in a loose series of articles. In the first article, Walter Schmid, investor and initiator of the Umwelt Arena, explains the planned development.

    As in Männedorf, the buildings in Urdorf will also produce their own energy, explains Schmid. “Photovoltaic systems are installed on the facade, on the flat roof or the entrance to the underground car park.” Excess energy produced in summer is to be fed into the gas network and withdrawn in winter. In order to convert the gas back into electricity and heat, a hybrid box will be installed in the basement of the building. The tenants of the residential buildings are to be exempted from electricity and heating costs up to an upper limit.

    In the brochure for the project, the development in Urdorf is referred to as a “national future project”. Because the project should show "that it is worthwhile to build energy-efficiently and win everyone in the process," says the initiator Schmid. Männedorf has already shown that the idea works, that the larger project in Urdorf should "make it even cheaper, more economical". Because this is the only way to attract imitators.

  • DBS Group partners with Intercity Group

    DBS Group partners with Intercity Group

    The DBS Group and the Intercity Group want to combine their locations and competencies in real estate management, inform the two partner companies in a message. The respective branches of the companies are now appearing under the IntercityGribi brand. The DBS Group intends to use the cooperation to strengthen its market position in German-speaking Switzerland.

    Within IntercityGribi, Gribi Bewirtschaftung AG from DBS and Intercity Bewirtschaftung AG from Intercity will act as two independent legal entities, the communication further explains. As part of the partnership, the DBS Group takes over half of the Intercity Bewirtschaftung AG. All other real estate services from DBS and Intercity remain unaffected by the cooperation.

    "This step is a milestone for the DBS Group on the way to becoming one of the leading real estate managers in Switzerland," DBS Group CEO Christophe Hubschmid is quoted in the press release. "Even in view of the acquisition of Lucerne contrust immobilien ag by the DBS Group on May 27, 2021, the comprehensive presence of the group represents a considerable competitive advantage." Strengthen your own company.

  • Buildings of the Zurich city administration will be CO2-neutral

    Buildings of the Zurich city administration will be CO2-neutral

    According to a media release from the City of Zurich, all of the properties owned by the city administration are to become CO2-neutral by 2035. City Councilor André Odermatt (SP), Head of the Building Construction Department, presented a strategy for this this week.

    According to the announcement, a large part of the operating emissions can be traced back to fossil heat generation. Among other things, all fossil heating systems should therefore be replaced by alternative heat sources. The heat will come from heat networks or district heating systems. Further measures include technical innovations, improvements in energy efficiency and changes in behavior.

    The portfolio of Immobilien Stadt Zürich (IMMO) includes school complexes, office buildings and workshops. Since 2007, thanks to various measures, it has already been possible to more than halve the buildings' annual CO2 emissions by around 23,000 tonnes to around 20,000 tonnes. A reduction of 90 percent is to be achieved by 2030, before the buildings become completely CO2-neutral in 2035.

    “The goal is ambitious, but the size of our portfolio with around 1,800 buildings also obliges us to set ambitious goals. IMMO can make a significant contribution to urban climate policy, ”Odermatt is quoted as saying.

  • Federal government is satisfied with the law on second homes

    Federal government is satisfied with the law on second homes

    The population accepted the second home initiative in 2012. This means that no additional holiday apartments or houses may be built in municipalities with more than 20 percent second homes. The Federal Council has now carried out an impact analysis of the Second Homes Act. He comes to the conclusion that the law does not need to be adjusted.

    In its communication, however, the Federal Council emphasizes that it is still too early to conclusively assess the Second Homes Act. For example, there would still be transition effects. Certain construction projects were approved before the law came into force. Overall, the land consumption for newly built second homes in all affected municipalities decreased by around a third from 2013 to 2018 compared to 2007 to 2012. However, the law on second homes did not result in zero growth.

    The federal government does not see any need for reform in the Second Homes Act. However, he sees a need for action in terms of enforcement, the knowledge base and the key terms of the accommodation industry. For example, the tasks and competencies of the cantons are to be specified. In 2025, the federal government will re-examine the effects of the law.

    In a media release, the Intergovernmental Conference of the Mountain Cantons is disappointed with the Federal Council's decision. It is known that the law on second homes is "largely complex in terms of content and not optimally formulated". This leads to problems in the execution. Accordingly, according to the mountain cantons, the law could be improved. You now want to work towards adjustments in parliament. They also emphasize that the impact analysis was carried out two years later than the law provides. If it had already gone that way, the findings from the corona pandemic should have been incorporated.

  • Procimmo realizes capital increase

    Procimmo realizes capital increase

    Procimmo SA has raised around 70 million francs on the capital market for its real estate fund Procimmo Swiss Commercial Fund 56, the asset manager of collective real estate investments informs in a message . According to her, the capital increase was significantly oversubscribed. The company sees this as "a clear vote of confidence on the part of investors in the fund," says the press release.

    The 64 million francs that have been brought in are intended, on the one hand, to reduce the fund's debt financing ratio. On the other hand, Procimmo wants to use the new capital for the continuation of existing construction projects, is explained in the communication. The company is also planning further property acquisitions.

    The funds brought in correspond to 594,128 new fund shares, explains Procimmo. A total of 2,970,643 shares are currently held by 56 investors. As of the end of 2020, the fund consisted of a total of 33 properties in the cantons of Vaud, Geneva, Friborg, Jura, Neuchâtel and Valais. The announcement puts his total assets at CHF 487.8 million.

  • MLP evaluates real estate with software from PriceHubble

    MLP evaluates real estate with software from PriceHubble

    In the future, MLP Finanzberatung SE will work with the digital solutions for live analysis of the real estate market from PriceHubble . According to a media release, the Zurich technology company is providing MLP with its headquarters in Wiesloch near Heidelberg with the software and extensive real estate data integrated into the MLP website. PriceHubble builds digital products based on the analysis of large amounts of data and artificial intelligence, with which current market trends and the development of real estate can be observed.

    "Our consultants can quickly and efficiently respond to the needs of their customers, assess the market value of a property for purchase or sale and, based on this, develop the best strategy for real estate investments," says Marc-Philipp Unger, Head of Financing at MLP and Executive Board member at the subsidiary Deutschland.Immobilien, quoted in the media release. Real estate investments are often the largest and most emotional asset in a private finance portfolio. Therefore, they should be carefully considered and based on reliable data.

    According to the press release, existing customers who already own a property will soon receive regular evaluation dossiers for their investment. Following on from this, MLP employees can talk to their clients about investments or a sale. The program is also intended to be used in discussions with potential customers who are just thinking about buying or selling a property, financing or converting a residential property and who just want to find out more.

  • Helvetica increases capital of Helvetica Swiss Living Fund

    Helvetica increases capital of Helvetica Swiss Living Fund

    Zurich-based Helvetica Capital AG is issuing new shares in the Helvetica Swiss Living Fund at CHF 109.68 each between May 10 and 26. With this, the company wants to generate additional equity. This is what she needs to buy 300 apartments worth a total of 130 million francs in the Zurich area and the Lake Geneva region, according to a media release .

    This means that the fund will grow to more than 800 apartments, which is intended to improve the diversification and distribution potential of the real estate investment. The purchase is planned for immediately after payment of the capital increase on May 31st.

    In total, a maximum of 342,789 new shares will be issued. This increases the number of shares in circulation from 1,371,155 to a maximum of 1,713,944. There is no trading in subscription rights for shareholders.

  • Single-family houses are very popular even in times of crisis

    Single-family houses are very popular even in times of crisis

    The speed at which sellers have been able to sell their homes over the past year has varied widely across regions. While single-family houses in the greater Zurich area became even scarcer and were sold within an average of 43 days, it took 100 days longer in Ticino. This is the finding of the Swiss Real Estate Institute of the Zurich School of Economics (HWZ) and the online real estate marketplace Homegate in their biannual evaluation of real estate advertisements on the Internet.

    Accordingly, the average advertisement time for single-family houses on the leading online real estate portals in Switzerland rose by 26 percent in 2020 from 61 to 77 days. This development was driven by the regions of Ticino and Waadt / Wallis. In Ticino, advertisements were on the Internet 60 percent longer before they were sold than in 2019. In the Vaud / Wallis region, it took 25 percent longer and thus 71 days to sell a house than in the previous year.

    The authors of the study see a possible reason for the increase in the average tendering time in the uncertainty in the crisis year, which made many wait and see. Nevertheless, the demand remained high. “In some regions it took a little longer to sell a property for a short time. But we can see that the tide has already turned again and that single-family houses are very popular even in times of crisis, ”Jens Paul Berndt, CEO of Homegate, is quoted in a press release.

  • Swiss Prime Site Immobilien markets offices near Geneva

    Swiss Prime Site Immobilien markets offices near Geneva

    In the immediate vicinity of the Lancy-Pont-Rouge train station, Swiss Prime Site Immobilien AG is developing a building with 15 upper floors. Office and commercial space according to the latest standards for modern work is being built on 30,000 square meters. The real estate company based in Olten recently laid the foundation stone for the project called Alto Pont-Rouge , according to a media release .

    Marketing has already started. The first rental contracts, including with a co-working provider, have been concluded. The proximity to Geneva speaks for the location. Trains to the metropolis run several times an hour from Lancy-Pont-Rouge train station, which opened in 2017. Commuters reached Genève-Cornavin main train station in five minutes.

    France can also be reached quickly and will make the district a traffic and economic hub in the future, according to the media release. A new district is to be built in the former 230 hectare industrial quarter. 50,000 people are expected to settle there over the next 20 years. According to a press release, Pont-Rouge is the first major construction phase in the important Praille-Acacias-Vernets development area in Geneva.

  • April rents rise by almost 1 percent

    April rents rise by almost 1 percent

    The homegate-ch asking rent index was unchanged in April compared to the previous month at 115.6 points. The rent for apartments to be re-let, on the other hand, rose by an average of 0.96 percent. This index is calculated monthly in cooperation with Zürcher Kantonalbank . It shows the quality-adjusted change in rental prices for new and re-let apartments based on current market offers.

    “As usual,” the rents developed differently depending on the canton, according to homegate.ch in a press release. According to this, the asking rents recorded an increase in rents, especially in the cantons of Bern (0.26 percent), Thurgau (0.52 percent) and Vaud (0.24 percent). In the canton of Geneva, asking rents have fallen by 0.93 percent. A similar picture emerges in the cities. The city of Geneva in particular recorded a decline of 1.27 percent.

    According to the company, the homegate.ch asking rent index is the oldest quality-adjusted rental price index in Switzerland. Real estate professionals use it as a reference source for determining the price of rental properties.

  • Technopark Winterthur opens start-up meeting point

    Technopark Winterthur opens start-up meeting point

    Technopark Winterthur has completed the renovation of its 1000 square meter ground floor. The start-up meeting point, which was redesigned for around CHF 2 million, was opened to the public on Friday. It now offers spaces for networking, coworking, working groups and events.

    All conference, seminar and meeting rooms that were previously distributed in the building were moved to the ground floor, as was the coworking space called Workeria. According to a media release , new and significantly larger event spaces have been gained. This once again significantly increases the attractiveness for potential organizers. The offer for coworkers and for informal networking has now been significantly upgraded thanks to an inspiring interior design and acoustic measures. In addition, a bistro takes care of food, drinks and catering from morning to evening.

    "We discussed the plan for the renovation in detail with many stakeholders and optimized it several times – now it is a reality," says Managing Director Thomas Schumann. "I am convinced that the Technopark will further strengthen the business location and make it even better known beyond the region."

  • University of St.Gallen gets a house in the park

    University of St.Gallen gets a house in the park

    The University of St.Gallen ( HSG ) needs more space, according to a joint communication from the Canton of St.Gallen , the City of St.Gallen and the HSG. The canton of St.Gallen will therefore have a second campus built for the HSG on the Platztor site in the city of St.Gallen. The project had already been approved by the population of the canton in 2019.

    In the architecture competition organized by the canton, the project House in the Park by Zurich architect Pascal Flammer was able to prevail from among 59 candidates, informs the city administration. The winning project envisages a six-story building surrounded by a park. Large windows and a lot of wood made the building appear light and open, according to the announcement. On around 31,000 square meters, space will be created for around 3,000 students, lecturers and employees. The new building will significantly enhance the area “compared to the current situation”, write the authors.

    In the next step, the canton will now work out the specific construction project. The approval process is then to be started in 2023. Construction is scheduled to start in 2025. The Haus am Park should be ready for use in 2029.

    The communication estimates the cost of the project at CHF 207 million. The canton's population has already given their approval for the CHF 160 million allocated to the canton. The federal government and the HSG will contribute CHF 25 million and CHF 20 million respectively. The city of St.Gallen made a contribution of 2 million francs to the sale of the property.

  • PSP Swiss Property has a good start to the year

    PSP Swiss Property has a good start to the year

    According to a statement from PSP Swiss Property , the Zug-based real estate company generated real estate income totaling CHF 77.4 million in the first quarter of 2021. Compared to the same period in the previous year, this corresponds to growth of 4.6 percent. Operating expenses remained at the previous year's level at 13.2 percent.

    The operating result (EBITDA) excluding real estate successes and valuation differences amounted to 78.5 million francs in the quarter under review, 23.9 percent more than in the first quarter of 2020. The profit without real estate successes rose by 28.5 percent year-on-year to 61.8 million Francs too.

    At 88.8 million, net profit was 85.3 percent higher than in the previous year. The real estate company attributes the sharp rise to higher rental income, profits from the sale of development projects and condominiums, and a portfolio revaluation of CHF 33.2 million.

    The balance sheet value of the portfolio on the reporting date at the end of the quarter was CHF 8.641 billion, compared to CHF 8.577 billion at the end of 2020. In the quarter under review, PSP Swiss Property sold the Seestrasse development project in Kilchberg ZH and 13 floor units in the Residenza Parco Lago project in Paradiso near Lugano. The vacancy rate rose from 3.0 to 3.1 percent due to renovation work, among other things.

  • Helvetia is investing in German real estate fintech

    Helvetia is investing in German real estate fintech

    The insurance group Helvetia continues to invest in the real estate sector. He has invested in the Hamburg company Baufi24 through the Helvetia Venture Fund. This started in 2006 as a search engine for mortgage lending. Since then it has positioned itself as a broker for real estate finance.

    Baufi24 raised a total of 6.7 million euros in its financing round. In addition to Helvetia, the St. Gallen risk capital company Btov has invested. With the fresh money, Baufi24 wants to further develop its technology and expand its branch network in Germany.

    “We believe in the experienced team at Baufi24 and see great potential for the digitization of real estate financing. Since the pandemic in particular, online offers in the area of finance have been in greater demand, ”said Michael Wieser, Managing Partner of the Helvetia Venture Fund, in a press release from Baufi24.

    In Switzerland, Helvetia acquired the real estate and mortgage broker Moneypark in 2017. Investing in Baufi24 would now result in "interesting exchange opportunities for both sides", said Patrick Scherrer, Head of Strategy & M&A at Helvetia, in a Helvetia press release.

  • Fundamenta Real Estate AG completes capital increase

    Fundamenta Real Estate AG completes capital increase

    Fundamenta Real Estate AG placed 5,010,472 new shares on the stock exchange as part of a capital increase. The existing shareholders exercised their subscription rights. They acquired the shares at a price of CHF 18.35 each. As a result, the Zug-based real estate company took in CHF 88.5 million and was able to successfully complete its capital increase to the maximum extent, according to a media release .

    The company intends to invest the proceeds in new and modernization of existing properties and to use them to consolidate the balance sheet structure.

    The first trading day for the new shares and the delivery of the shares against payment of the subscription and placement price is scheduled for April 27, 2021.

    Zürcher Kantonalbank acted as lead manager of the transaction and Luzerner Kantonalbank acted as co-lead manager. Fundamenta Group AG was responsible for project management and the placement of the shares.

  • Global real estate event: Run & have fun!

    Global real estate event: Run & have fun!

    There are no special requirements for participation, only the will to complete 6 kilometers within 24 hours. Alone or with the family, at your own pace or with team support. Every participant is free to run or take a walk. A welcome occasion for a chat among work colleagues, for digital socializing in what seems to be eternal times of social distancing. A pleasant side effect: Exercising in the fresh air is not only good for the soul, one or the other kilogram of body weight due to the corona lockdown can also give way.

    Anyone can take part – anywhere in the world. Those interested can register online at globalrealestaterun.com until April 28th. After registering, the participant receives access to a geotagged app. The route can be chosen freely and regardless of location. With this initiative, the organizers want to draw attention to the need for innovations to achieve sustainability goals in the real estate industry. Everyone can contribute something to this. Because sustainability is not a local but a global issue. Just like the Global Real Estate Run. Thanks to the main sponsors Homegate, SPG Intercity Zurich AG and PropTechMarket, a tree will be planted for each participant as a “green” sign.

    Registration and more at: https://globalrealestaterun.com/

  • Homegate and MoneyPark cooperate

    Homegate and MoneyPark cooperate

    Homegate , a subsidiary of the media company TX Group , and MoneyPark have entered into a strategic partnership. The two companies are convinced that their new partnership offers property seekers added value. According to a press release , Homegate has now integrated digital tools from the mortgage provider MoneyPark directly into its real estate platform.

    If interested parties have found a suitable property on homegate.ch, they can have an immediate calculation of whether a purchase is financially feasible for them. If so, you will receive a confirmation of financing including a certificate. This is based on the award criteria of MoneyPark's 150 mortgage lenders. The price range shown also provides guidance when it comes to having to strike quickly in a potential bidding process. It also shows you how much this property would cost you per month.

    Homegate doesn't just want to support its users until they find their property, says Simon Herrmann, Business Owner Consumer Services at Homegate. Even after that, “all connection services should be available at one click”. "The fact that MoneyPark advises its customers independently and personally on such an important decision was crucial for us to enter into the partnership." a service environment that is unique in Switzerland, ”says Stefan Heitmann, CEO and founder of MoneyPark.

  • St.Gallen gets a new hotel

    St.Gallen gets a new hotel

    HRS Real Estate AG will start work on the renovation of the Villa Wiesental and a new hotel building on April 26, according to a media release . The building permit was recently received by HRS and the City of St.Gallen Pension Fund. Since the symbolic groundbreaking ceremony will not take place due to the corona situation, the initiators are planning a ceremonial laying of the foundation stone for June.

    The combination of Villa Wiesental renovation and new hotel building is an "excellent urban development solution", according to HRS Real Estate. Both the historical building and the urban development in the Bahnhof Nord district are taken into account. After the renovation, the Pension Fund Stadt St.Gallen would like to offer representative office space in the Villa Wiesental.

    After the planned construction period of two years, the new hotel will be operated by Hotel Wiesental St.Gallen AG. It will have around 100 rooms. Both the hotel's parking area and the publicly accessible ground floor should contribute to the revitalization and upgrading of the quarter.

  • Homeownership prices are rising sharply

    Homeownership prices are rising sharply

    In 2020, home ownership prices rose by 5 percent across Switzerland and by 4 percent in the canton of Zurich. Ursina Kubli, Head of Real Estate Research at Zürcher Kantonalbank ( ZKB ), sees one reason for this in the low mortgage interest rates. They are an important financial incentive to buy your own home, she is quoted in a ZKB press release , which summarizes the current issue of the ZKB specialist magazine " Immobilien aktuell ". On the other hand, the supply is scarce, "because the construction industry is still concentrating on rental apartments, while many older people willing to sell are hesitant to sell them." And thirdly, the personal living situation has become increasingly important in the pandemic.

    Despite the precarious economic situation and the corresponding uncertain prospects for the labor market, there are still many willing to buy when there is a shortage of supply. This allows the conclusion that the wage segments relevant for the home sector have so far been little affected by the economic slowdown.

    Because people over the age of 60 currently own more than half of all single-family houses and condominiums and even more than 80 percent of multi-family houses in the canton of Zurich, the ZKB expects an additional supply on the real estate market in the coming years and decades. Gaining more living space by reallocating vacant office space is attractive, but often proves to be a "resinous niche strategy" due to regulatory hurdles.

    As a result of the pandemic, the micro-location of a property is becoming increasingly important. Sunlight is one of the most important factors. Thanks to extensive computing power at 100 million geographical points, the ZKB real estate research team succeeded for the first time in evaluating the actual duration of sunshine at a wide variety of places. One result: the city of Zurich is clearly surpassed by other Swiss cities in the winter months.

  • Homeownership prices are rising sharply

    Homeownership prices are rising sharply

    In 2020, home ownership prices rose by 5 percent across Switzerland and by 4 percent in the canton of Zurich. Ursina Kubli, Head of Real Estate Research at Zürcher Kantonalbank ( ZKB ), sees one reason for this in the low mortgage interest rates. They are an important financial incentive to buy your own home, she is quoted in a ZKB press release , which summarizes the current issue of the ZKB specialist magazine " Immobilien aktuell ". On the other hand, the supply is scarce, "because the construction industry is still concentrating on rental apartments, while many older people willing to sell are hesitant to sell them." And thirdly, the personal living situation has become increasingly important in the pandemic.

    Despite the precarious economic situation and the corresponding uncertain prospects for the labor market, there are still many willing to buy when there is a shortage of supply. This allows the conclusion that the wage segments relevant for the home sector have so far been little affected by the economic slowdown.

    Because people over the age of 60 currently own more than half of all single-family houses and condominiums and even more than 80 percent of multi-family houses in the canton of Zurich, the ZKB expects an additional supply on the real estate market in the coming years and decades. Gaining more living space by reallocating vacant office space is attractive, but often proves to be a "resinous niche strategy" due to regulatory hurdles.

    As a result of the pandemic, the micro-location of a property is becoming increasingly important. Sunlight is one of the most important factors. Thanks to extensive computing power at 100 million geographical points, the ZKB real estate research team succeeded for the first time in evaluating the actual duration of sunshine at a wide variety of places. One result: the city of Zurich is clearly surpassed by other Swiss cities in the winter months.

  • There are great price differences in real estate

    There are great price differences in real estate

    Homegate.ch finds big differences in the purchase price of residential properties within Switzerland. Geneva and Zug are proving to be the most expensive cantons to buy a home, as the real estate platform belonging to TX Markets AG writes in a press release. Interested parties can only buy a 1.5 room apartment there for CHF 500,000. The same amount of money can be used to buy a three-room apartment in the canton of Zurich. In the cantons of Uri, St.Gallen and Jura, the budget is even enough for a 4.5 room apartment.

    Homegate.ch also detects major differences in property prices within the individual cantons. In some municipalities in the canton of Zurich (Elgg, Gossau or Mönchaltorf), a 3.5-room apartment can be purchased for CHF 500,000. In other municipalities (City of Zurich, Horgen or Männedorf) the money is only enough for a 1.5-room apartment.

    Overall, the purchase prices for real estate have risen in all cantons over the past ten years. Real estate has risen most in price in the canton of Zug. There the prices for a 4.5-room condominium rose from CHF 900,000 in 2010 to CHF 1.3 million in 2020. That corresponds to an increase of 45 percent.

    The rental prices are also very different depending on the canton. And here, too, Geneva and Zug prove to be particularly expensive. The city of Zurich also has comparatively high rental prices. Appenzell Ausserrhoden or Jura are considered cheaper. In the past ten years, rental prices have increased less than purchase prices.