Tag: Ina Invest

  • The world's tallest residential building made of wood is being built in Lokstadt

    The world's tallest residential building made of wood is being built in Lokstadt

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    The study contract for the construction of the Rocket and Tigerli houses has been completed, as informed by Ina Invest in a press release . A jury made up of representatives from the city of Winterthur and architects selected the concept by the architecture offices of Cometti Truffer Hodel Architects from Lucerne and Schmidt Hammer Lassen Architects from Copenhagen from nine designs.

    The winning design shows an “outstanding architectural completion” of the former industrial site. As can be seen in the media release, the decision is based on a “non-anonymous study order in the form of a digital, one-step process with pre-qualification and interim discussion”. In addition to urban planning and architectural aspects, the focus was on sustainability and innovation. At the heart of Lokstadt, on Dialogplatz, the Rocket high-rise with a terracotta facade is to reach a height of 100 meters into the sky.

    Mixed use is planned for the entire residential area. In the Rocket high-rise, a diverse range of residential properties is to be created over 32 floors. According to the Lokstadt development team, the architectural concept is characterized by flexible planning.

    The base building Tigerli is intended for student apartments and non-profit housing. A Radisson Red Hotel is to be housed on part of the area, including the listed industrial halls.

  • Ina Invest looks back on a good year

    Ina Invest looks back on a good year

    In the 2021 financial year, Ina Invest achieved an operating profit of 14.4 million francs and a net profit of 12 million francs. According to a media release , the company, which was spun off from Implenia in 2020, “again exceeded expectations”. Last year, the operating profit was around 5.5 million francs and the net profit was around 4 million francs.

    The value of the real estate portfolio has risen by 19 percent to CHF 435 million since the previous year. In January 2022, the takeover of the Bredella area in Pratteln from the CERES Group was completed. As a result, the value of the real estate portfolio at the beginning of the year rose to CHF 700 million. Ina Invest describes the Bredella area as “one of the most interesting and largest development portfolios in Switzerland” with great potential.

    In the announcement, the company also emphasizes the good development at the Lokstadt Halls in Winterthur. The halls were “almost completely rented out in a very short time”. The Lokstadt in Winterthur and the Bredella area in Pratteln are examples of Ina Invest’s strategy. This concentrates on “future locations of the 10 million Swiss, which will be completely reinvented in the next 20 years”.

    Ina Invest continues to assess the market prospects as “promising”. In 2022, the company wants to continue growing and focus on the entrepreneurial integration of the newly created portfolio.

  • Ina Invest completes acquisition of Ceres Group

    Ina Invest completes acquisition of Ceres Group

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

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

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

  • Ina Invest takes over the implementation of Bredella in Pratteln

    Ina Invest takes over the implementation of Bredella in Pratteln

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

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

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

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

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

  • Swiss Casino moves to Lokstadt

    Swiss Casino moves to Lokstadt

    On November 24th, the foundation stone "for a casino the likes of which Switzerland has never seen" was laid in the listed Rapide Hall in Winterthur 's Lokstadt , writes Swiss Casinos in a press release . According to her, the company based in Zurich is planning a building integrated into the hall. In the industrial atmosphere of this “Loki”, casino operations are to begin in 2025.

    A corresponding lease has already been signed, informs Ina Invest , the owner of the Lockstadt halls. This means that the Lokstadt halls with a total floor space of 8,200 square meters have been fully occupied, explains the real estate company from Opfikon in a separate communication . "Where locomotive history was once written, there will soon be overnight stays, entertainment, celebrations and games in a unique industrial setting", Ina Invest CEO Marc Baumann is quoted in the press release.

    Swiss Casino plans to close its casino in Schaffhausen, just under 30 kilometers from Winterthur, at the same time as the opening of the new casino in Winterthur. The Swiss Casino in Schaffhausen has posted a total of 18 million francs in loss over the past 18 years, according to the operating company's announcement. The around 70 employees in Schaffhausen are to be offered a position in Winterthur or within the Swiss Casinos Group.

  • Swiss Casino moves to Lokstadt

    Swiss Casino moves to Lokstadt

    On November 24th, the foundation stone “for a casino the likes of which Switzerland has never seen” was laid in the listed Rapide Hall in Winterthur ‘s Lokstadt , writes Swiss Casinos in a press release . According to her, the company based in Zurich is planning a building integrated into the hall. In the industrial atmosphere of this “Loki”, casino operations are to start from 2025.

    A corresponding rental agreement has already been signed, informs Ina Invest , the owner of the Lockstadt halls. This means that the Lokstadt halls with a total usable area of 8,200 square meters have been fully occupied, explains the real estate company from Opfikon in a separate press release . “Where locomotive history was once written, there will soon be overnight stays, entertainment, celebrations and games in a unique industrial setting”, Ina Invest CEO Marc Baumann is quoted in the press release.

    Swiss Casino is planning to close its casino in Schaffhausen, just under 30 kilometers from Winterthur, at the same time as the opening of the new casino in Winterthur. The Swiss Casino in Schaffhausen has posted a total of 18 million francs in loss over the past 18 years, according to the operating company’s announcement. The around 70 employees in Schaffhausen are to be offered a position in Winterthur or within the Swiss Casinos Group.

  • Ina Invest brings Radisson RED Hotel to Switzerland

    Ina Invest brings Radisson RED Hotel to Switzerland

    “Radisson RED is a new, urban-upscale hotel concept with an unconventional design and an exceptional atmosphere for the modern traveler”, Ina Invest writes in a press release . The real estate company on Opfikon ZH is bringing Radisson RED to Switzerland: After destinations such as Dubai, London, Brussels and Cape Town, a Radisson RED hotel is to move into the Lokstadt halls in Winterthur. Ina Invest informs that a corresponding rental agreement with the Success Hotel Group franchisee was signed at the end of September.

    “We are pleased to have Ina Invest and the Radisson Hotel Group at our side as strong partners for our further international expansion,” said hotel group boss Michael Friedrich in the message. “As a hotel operator, we can hardly imagine a better location than the Lokstadt-Hallen, whose industrial style expresses the flair of the Radisson RED.”

    Two primary school and two kindergarten classes are moving in in the immediate vicinity of the hotel. You could not only enjoy the ambience of the former locomotive factory, but also a roof terrace of around 300 square meters, writes Ina Invest. Here, too, a lease has already been signed with the City of Winterthur.

    In total, the real estate company has already allocated 5100 of the 8200 square meters of usable space in the Lokstadt halls, the announcement further explains. Negotiations are being held with another anchor tenant for the remaining space. Ina Invest wants to bring together “versatile, high-profile uses under one roof” in the halls, explains company boss Marc Pointet.

  • Ina Invest has made millions in profit

    Ina Invest has made millions in profit

    Ina Invest closed the first half of 2021 with an operating result (EBIT) of CHF 3.1 million, the Implenia spin-off set up in spring 2020 informs in a message . The real estate company shows a net profit of 2.9 million francs.

    In the previous semester, a loss of just under 2 million francs was incurred. For 2020 as a whole, Ina Invest had already achieved a net profit of 3.9 million francs. With the result “again above expectations”, the company is building on “the successful previous year”, according to the announcement.

    The revaluation of investment properties achieved a profit of 3.8 million francs in the half-year under review. The total value of the real estate portfolio increased by CHF 19 million to CHF 385 million. Ina Invest explains that all of the properties currently being realized are on schedule. In the announcement, the real estate company highlights the tender high-rise in Winterthur. Here, 31 of the 39 apartments have already been sold or reserved.

    Ina Invest also acquired another property with a market value of more than 60 million francs in the six months under review. This means that the company has already exceeded its acquisition target for the year as a whole, the press release explains. Since the transfer of ownership will not take place until the current semester, the purchase will not yet affect the result in the half-year under review.