immo!nvest – Die Plattform für Standorte und Immobilien

Tag: International

  • MAG brings luxury property brand from Dubai to Ticino

    MAG brings luxury property brand from Dubai to Ticino

    MAG is set to realise its first international project in Switzerland. The Dubai-based luxury property developer is planning the Stabio Garden Living by Keturah project in the municipality of Stabio in the Ticino district of Mendrisio. MAG will be working with the globally active A++ Group, based in Massagno TI, which MAG describes in a press release as a “recognised market leader in real estate design and development”.

    The project, estimated at 185 million Swiss francs, will comprise 180 units in 14 buildings to Minergie standard, including a fitness area, children’s playground and co-working space. Completion is planned for 2026.

    “We are combining our extensive engineering and property experience with the Group’s excellence in design and development,” MAG CEO Talal Moafaq Al Gaddah is quoted as saying. This collaboration will produce “remarkable results and innovative solutions” that will “elevate the lifestyle of residents and redefine the property sector worldwide”.

    The new Keturah project follows the launch of The Ritz-Carlton Residences, Dubai, Creekside, which is part of the Keturah Resort, the luxury residential building Keturah Reserve and the soon-to-be-built urban residential complex Keturah Downtown. All are located in the urban area of Dubai.

  • Cantonal properties in Riehen win sustainability award

    Cantonal properties in Riehen win sustainability award

    The properties of the Canton of Basel-Stadt at Hirtenweg 16 to 28 in Riehen have won this year’s international prize for sustainable architecture, the cantonal finance department informs in a statement. Every year, the Faculty of Architecture of the University of Ferrara and the building materials company Fassa Bortolo award the prize to projects “that are geared to the needs of people and serve as role models in the careful use of natural resources”, it continues. In this year’s competition, the cantonal properties prevailed over numerous other projects from all over the world.

    The international jury was particularly impressed by two aspects of the properties in Riehen. One was the socially acceptable densification of living space. Of the five buildings already on the plot, the canton renovated three. The remaining two were demolished and replaced by three new buildings. This almost doubled the number of flats from 32 to 63.

    On the other hand, the resource-saving solid wood construction method was the decisive factor in the project realised by the project team Harry Gugger Studio AG, Erne AG Holzbau and Fontana Landschaftsarchitektur. The wooden modules were prefabricated in a production hall and then assembled on site within a very short time. During the entire construction work, the residents of the properties were able to stay on site. Residents of the deconstructed buildings moved into an already completed new building before their old house was demolished.

  • Michael Qamar expands the business in Switzerland for Capital Bay

    Michael Qamar expands the business in Switzerland for Capital Bay

    Berlin, January 18, 2022 – The owner-managed Capital Bay Group, an internationally integrated asset manager, investment fund manager and cross-industry real estate developer, has appointed Michael Qamar (45) as Director of Business Development on January 1, 2022. He will drive business development in Switzerland and selected international markets and raise equity from institutional and semi-professional investors.

    Michael Qamar has worked at Deutsche Bank and Credit Suisse in the areas of sales, marketing, business development and process optimization, among others, and has a total of 25 years of experience in the financial services and real estate sectors. Most recently, he built up investor relations for the European investor boutique 777 Capital, where he was responsible for capital raising, marketing and public relations.

    "With an investment volume of more than 3.5 trillion euros, Switzerland offers diverse and attractive market opportunities for Capital Bay," says Rolf Engel, CFO of the Capital Bay Group. “For this reason, we are intensifying our relationships with Swiss investors and further expanding our international business. We are delighted to have gained an experienced expert in Michael Qamar.”

    "I am pleased to be able to contribute my broad network, which I have built up over the past few years, as part of my new challenge at Capital Bay," says Michael Qamar, Director of Business Development at Capital Bay Group.

    About Capital Bay Group
    The Capital Bay Group is an owner-managed, independent investment, asset, property and facility manager for real estate of all types of use, which is integrated at all stages of the value chain. Overall, the Capital Bay Group manages real estate assets worth EUR 7 billion with a focus on Germany and neighboring European countries. Within the Capital Bay Group, the German Capital Bay GmbH takes over the transaction management, the development and the administration of real estate. The range of services includes the creation of building rights, the planning and implementation of new construction projects, the conversion and revitalization of existing properties as well as construction management with our own teams of experts and external partners. Capital Bay Fund Management Sarl, a fully regulated, independent alternative investment fund manager (AIFM) based in Luxembourg, serves national and international, institutional and semi-professional investors in all areas of real estate investments. The Capital Bay Group thus offers institutional and semi-professional investors the entire range of direct and indirect regulated and non-regulated real estate investments. In addition, the Capital Bay Group, with its exclusive cooperation partner, 360 Operator GmbH, has access to a platform for the operational management of operator properties. The portfolio of the internationally active 360 Operator GmbH includes over 70 properties with more than 10,000 units.

    https://capitalbay.de/

  • International School Rheintal is building in Buchs

    International School Rheintal is building in Buchs

    The International School Rheintal ( ISR ) celebrated the groundbreaking for its new campus in Buchs, according to an article in the “Tagblatt”. Around 150 children between 3 and 18 years from 31 countries who are currently being taught in the international school were also present at the groundbreaking ceremony. The three-story new building next to the current school building, which should be ready for occupancy in 2023, will offer space for up to 300 students.

    The investment costs amount to around 30 million francs, “the project costs will be borne entirely by the Hilti Family Foundation Liechtenstein,” says the article. Michèle Frey-Hilti also took part in the ceremony, “and promised the young people and their teachers a great school with the most modern technical facilities”.

    The new building represents a “milestone” for the ISR, which started operations in 2002 with 19 students, as Heiner Graf, Chair of the Board of ISR, said at the groundbreaking ceremony. But Buchs also benefits from the competition for locations. “We are happy to have this school in our high-tech region,” said Mayor Daniel Gut.

  • The federal government wants to strengthen Switzerland as a location for start-ups

    The federal government wants to strengthen Switzerland as a location for start-ups

    In the opinion of the Federal Council, Switzerland as a start-up location is generally well positioned. In some areas, however, there is still room for improvement. The Federal Departments of Economic Affairs, Education and Research and of Justice and Police are now to examine measures on behalf of the Federal Council with which the location could be further strengthened.

    According to a communication , the Federal Council sees potential for improvement in the areas of technology transfer, internationalization, access to skilled workers and financing. He also emphasizes that “numerous states have launched extensive programs to support start-ups in recent years”. He therefore also wants to have the advantages and disadvantages of a Swiss innovation fund examined comprehensively. In particular, it should be made clear to what extent such a fund could expand the risk capital market in Switzerland and thus improve the growth opportunities of innovative companies.

  • Virtual real estate fair Home-E-Fair starts

    Virtual real estate fair Home-E-Fair starts

    The idea for the Home-E-Fair was born out of necessity, according to a media release. Because the real estate trade fair season has so far completely fallen into the water due to the Covid 19 crisis. Georges Luks, CEO and Delegate of the Board of Directors of Zurich Sotheby's International Realty , explains how the idea came about to replace trade fairs with a physical presence with a virtual one: “In the home office, it became clear to us that such a trade fair could actually be virtual without any problems can take place. With Crowdhouse we were able to set up this pilot project in a short time. We believe that this model will also be relevant in the future and are motivated to set up further virtual trade fairs on an even larger scale. "

    At the five-day virtual trade fair from July 22nd, interested parties can log into the trade fair platform from home, study real estate offers, and exchange ideas with consultants via live or video chat. In addition, as at every real estate fair, a number of roundtables and lectures are offered.

    At the fair, the partners Zurich Sotheby's International Realty and Crowdhouse complement each other in real estate, from condominiums to multi-family houses, in which Crowdhouse specializes. Ardian Gjeloshi, founder and Chairman of the Board of Directors of Crowdhouse: "Both Zurich Sotheby's International Realty and Crowdhouse speak to the same target group – but from different perspectives: living and investing."