Tag: Industriestandort

  • Early contract extension with the main tenant of the Escher-Wyss area

    Early contract extension with the main tenant of the Escher-Wyss area

    Allreal acquired the Escher-Wyss-Areal in 2002 and has been MAN ever since
    Energy Solutions Schweiz AG (“MAN”) the main customer on the 38,362 square
    meter plot of land in Zurich-West with a usable area of around
    87,000 square meters.

    The long-term partnership between MAN and Allreal is being continued,
    in which the lease, which expired on December 31, 2023, was prematurely extended by five years to at least December 31, 2028 under the same conditions as before. This involves around 32,000 square meters of commercial and storage space and around 11,500 square meters of office space.

    This means that the Escher-Wyss-Areal will continue to be the largest private industrial site in the future.
    location in the city of Zurich. According to the 2021 semi-annual report, MAN is one of Allreal’s five largest tenants, accounting for 6% of total rental income from commercial properties.