The health organization Swica from Winterthur and Steiner AG from Zurich want to realize a mixed-use development in the Aarau district of Scheibenschachen, Steiner informs in a press release . Three buildings with a total of around 90 rental and owner-occupied apartments as well as commercial space are to be erected on an area of around 4,000 square meters. A building worthy of protection that is already on the site will be integrated into the project, explains the Zurich-based project development, total and general contractor.
In a first step, the two partner companies want to carry out a study contract for the development of a project plan. It should then be specified and submitted for approval. Construction is scheduled to start in 2023. The construction work should be completed by the end of 2025.
The Scheibenschachen district, which is within walking distance of the historic center of Aarau, has developed "into a popular residential area" over the years, Steiner writes in the press release. According to her, the Zurich-based company has already built two more large residential developments in Scheibenschachen.
Those who want to live in their own four walls have to dig deeper into their pockets. The prices for owner-occupied residential property rose to new record levels in the second quarter, informs Raiffeisen Switzerland in a statement on the current transaction index of the cooperative banking group. "Despite the rampant pandemic and historical economic upheavals, the desire for home ownership remains strong," Martin Neff is quoted as saying. For the chief economist at Raiffeisen Switzerland, the “unchecked price increases” are signs of a “very tight supply” demand for residential property.
The prices for single-family homes in the second quarter of 2021 were 2.1 percent above those of the previous quarter, the announcement further explains. In a year-on-year comparison, prices rose by 6.1 percent. An increase of 2.4 percent compared to the previous quarter was observed for condominiums. In a year-on-year comparison, prices were 4.9 percent higher.
In terms of regions, the analysts at Raiffeisen Switzerland recorded the highest year-on-year increase in single-family homes with 11.3 percent in the Lake Geneva region. In Eastern Switzerland and Central Switzerland, too, prices were more than 9 percent higher than in the same quarter of the previous year. The prices for condominiums rose within the year by 7.9 and 7.0 percent respectively in the regions of southern Switzerland and Bern. Far higher prices than in the previous year were achieved for condominiums, especially in tourist communities.
The Oslo-based cleantech company TECO 2030 and the Norwegian subsidiary of the construction company Implenia will receive the equivalent of 16.77 million Swiss francs from the state enterprise Enova of the Norwegian Environment and Climate Ministry for the development of hydrogen-powered solutions for construction sites. The funds will be granted from September over a period of two and a half years. Part of Norway's climate strategy is that from 2025 onwards, no more fossil fuels will be used on construction sites. According to a press release from Implenia, these “generous subsidies” will enable both companies to achieve the goal set by the Norwegian government.
Implenia and TECO 2030 had already signed a contract to develop and test such building solutions in April. "Our fuel cells can be used for large ships and other heavy-duty applications, then why not for driving devices on construction sites," Teco had 2030 CEO gates Enger then explained . "By using hydrogen-based fuel cells instead of diesel generators, emissions on construction sites can be completely prevented, making them more climate-friendly," said Enger in the current press release.
As Implenia emphasizes, this initiative is in line with its own twelve sustainability goals, which are to be achieved by 2025. "We are of the opinion that hydrogen will play an important role as an energy source on the construction sites of the future," says the CEO of Implenia Norway, Audun Aaland. "And we are proud that we can advance this sustainable innovation together with TECO 2030."
The catering and hotel management group SV Group , based in Dübendorf, has been operating a new hotel under the Courtyard by Marriott brand since July 5th. It is located in a new building designed by Hadi Teherani on Bismarckallee in Freiburg and will in future offer families, individual and business travelers overnight and stay opportunities on 5000 square meters, according to a media release .
It is the first Courtyard by Marriott hotel in the Black Forest region and the fourth of this brand after hotels in Zurich, Basel and Munich. With an interior design inspired by the Black Forest region, the hotel differs from the others. "Starting with the lighting in the entrance, through the carpets in the hallways to wall wallpapers with subtle tree patterns, our guests keep coming across our topic", Johannes Frank, hotel manager at SV Hotel, is quoted in the press release.
In the hotel's restaurant, international cuisine with seasonal and regional products from the Black Forest is served all day. There is also a fitness room and lobby that are open around the clock. The rooms have WiFi, flat-screen TVs, ergonomic work areas and Marriott beds.
The SV Group has been working as a franchisee with Marriott International since 2004. She also teamed up with Volksbank Freiburg to run the hotel in the new building project on Bismarckallee. "With SV Hotel we have found an experienced and reliable partner with whom we can use the commercial space of the area attractively", Uwe Barth, spokesman for the board of Volksbank Freiburg, is quoted in the media release.
According to a statement from Procimmo SA , the Immo56 fund managed by the asset manager of collective real estate investments achieved a good result in the financial year ended March 31. Specifically, the return on investment has risen from 5.78 to 7.54 percent year-on-year, it says there. The net asset value per unit rose from CHF 148.30 to CHF 154.00 over the same period.
In the year under review, the fund generated total income of CHF 22.91 million. This was offset by expenses totaling 9.98 million francs. The overall success has increased by 51 percent year-on-year to 23.59 million francs, writes Procimmo.
The fund's rental income in the year under review was CHF 20.20 million, up 5.3 percent on the previous year. At the same time, the rent default rate was reduced from 3.49 to 3.15 percent. The fund's EBIT margin improved from 65.82 to 68.81 percent year-on-year, explains Procimmo. The total net fund assets are stated in the notification at CHF 358.8 million as of the end of March 2021.
The Riedtli housing estate will receive 14 charging stations for electric cars from mid-July. In the course of re-letting the residential parking spaces, the City of Zurich is also setting up four parking spaces for car sharing offers and additional areas for electric cargo bikes. The pilot project is intended to promote environmentally friendly mobility in residential areas and later be transferred to other areas, according to a media release .
For the residents of the Riedtli settlement on the border between Zurich-Unterstrass and -Oberstrass, four of the 20 parking spaces will be eliminated. The 16 remaining still meet the demand, according to the media release. In future, three e-vehicles from the car sharing provider Mobility and a gasoline-powered rental car from enterprise will be parked in the four newly leased spaces. There are also three new electric cargo bikes from carvelo2go. A total of 14 of the 23 parking spaces will be converted into charging stations for e-cars.
The pilot project is a step towards a 2000 watt society, which has been anchored in Zurich's municipal code since 2008. Its aim is to make the city climate neutral by 2040. “In order to achieve our climate goals, traffic has to be reduced, relocated and electrified in a targeted manner. The switch to electromobility is also to be promoted with the expansion of charging stations. By sharing cars and only using them when they are really needed, people contribute to environmentally friendly mobility, ”City Councilor Daniel Leupi is quoted as saying in the press release.
Buildings are increasingly becoming small power plants, since photovoltaic modules capture solar energy on more and more roofs. But the sun doesn't always shine and the demand for electricity fluctuates greatly over the year. Storage technologies are therefore in demand. Geothermal probes provide heat in winter, but no electricity. Batteries, on the other hand, make technical sense, but they are short-term storage devices and therefore not seasonal electricity storage devices. With the Seebrighof development in Hausen am Albis, the electricity works of the canton of Zurich are therefore taking a different, new approach. The 28 apartments in the attached farmhouse and the new building draw solar energy from the roof of the house. So that this is also available in winter, EKZ is installing a hydrogen storage facility – one of the first of its kind in Switzerland.
If, on summer days, the solar system delivers more electricity than the residents consume, it does not get back into the grid. Instead, the power-to-gas plant uses it to make hydrogen. In winter, when the energy requirement is higher, the system converts the hydrogen back into energy. "In the fuel cells of the plant, around 55 percent of this electricity is generated," explains Georg Putzi, Product Manager Energy Contracting at EKZ. The remaining 45 percent of the stored energy escapes as waste heat, which heats the building.
Seasonal electricity storage offers several advantages. The system is environmentally friendly because it only needs tap water and locally produced solar power. The public power grid is relieved. A battery compensates for short-term fluctuations, so the P2G system can be operated more efficiently.
In summer, the power-to-gas system uses solar energy to make hydrogen; in winter, it converts it back into energy.
The system in Hausen am Albis is based on a standardized concept that EKZ developed. This makes the technology cheaper, more adaptable and scalable. It can also be used for larger residential complexes or retrofitted in old buildings. "If there is already a solar system with an association for self-consumption (ZEV), the hydrogen technology can be supplemented," says Putzi. The technology can also be easily combined with heat pump systems, as in Hausen am Albis. In winter the environment supplies the heat (e.g. geothermal probes, groundwater or air), the hydrogen storage system supplies the electricity.
The P2G system has no particular influence on the building services; it just needs space near the heating center. In contrast, the gas storage facility is architecturally relevant. For safety reasons, it must be positioned outside the building so that the volatile hydrogen can escape in an emergency. The gas storage consists of gas cylinders, which are grouped as a bundle and covered with a housing that the architects can adapt.
With the system, the client increases the energy self-sufficiency and saves electricity costs in winter. "The P2G system is currently not yet cost-covering," says Georg Putzi. If the electricity prices rise in the future and the costs for the system fall, it will become significantly more economical. “Such pioneering work is important in order to gain experience and develop the market further,” says Putzi. Switzerland currently imports a lot of electricity in winter. If Germany switches off the coal-fired power plants, the winter shortage will be even greater. Storage technologies based on gases and liquids are therefore given high priority in the Federal Council's Energy Strategy 2050. With a P2G system, the buildings can help alleviate the challenges in terms of power supply in winter.
Whether renting or selling – the demand for visualization solutions in the real estate and construction industry is increasing noticeably. Depending on whether it is an existing property or a new construction project, different solutions are used. With the former, 360 ° tours are often used – increasingly interactive, with the latter often virtual reality solutions – adapted to the property and the target group.
Not every buyer or tenant can imagine an empty room furnished. This is where virtual home staging solutions help to make the sparks jump. With this tool, inexpensive condominiums or rental properties can also be designed in a visually appealing way and thus conveyed more quickly. Further solutions enable the virtual inspection of rooms that are yet to be built. Using stand-alone virtual reality glasses, planning errors can be seen virtually and thus avoided later. In addition, planned trades can be inspected together – for example with the client or architect. The "immersion" and actual experience of the premises gives security and a good feeling.
In addition, there are also complete virtual solutions on the market that digitally map different phases of the real estate cycle: from the outlined project vision and prototyping to visualization concepts for marketing and management.
You can find an overview of quality-checked visualization solutions here: https://proptechmarket.net/tools
The monthly rent index compiled by the digital real estate marketplace homegate.ch from TX Group in cooperation with Zürcher Kantonalbank closed at 115.4 points in June. Compared to the previous month, the asking rents have fallen by an average of 0.09 percent, explains homegate.ch in a corresponding message . In contrast, an increase in rental prices of around 0.7 percent has been observed over the past twelve months.
“As usual,” the asking rents have developed differently in the individual cantons and cities, explains homegate.ch. The analysts of the index observed the greatest declines with 1.29 percent in the city of Lausanne and with 0.99 and 0.49 percent in the cantons of Schwyz and Geneva. The strongest price increases, at 0.68 and 0.65 percent, were registered in the city of Bern and in the canton of Zug.
In most of the other cantons, the analysts observed a rather inconspicuous development in rental prices. The communication provides an interactive overview of developments in the cantons and metropolises.
In the quality-adjusted recording of rental price changes for the rental index, the rental prices are corrected for the different quality, location and size of the apartments. This makes it possible to record the actual rental price development, it says in the message.
"Renting and buying in Switzerland is getting more expensive", is how ImmoScout24 wrote a message on the current Swiss Real Estate Offer Index . It is prepared monthly by ImmoScout24 and the real estate consultancy IAZI AG . According to the surveys, the prices for rents and residential real estate rose on average across Switzerland in the first half of 2021.
The prices for residential property have only risen for months, explains ImmoScout24 in the message. Since the beginning of the year, prices for single-family houses have risen by a total of 3.8 percent, with a price increase of 1.4 percent compared to May being observed in June alone. The corresponding values for condominiums were 4.7 and 1.0 percent, respectively.
The index analysts have observed an ups and downs in rents over the past few months. There was an increase of 0.7 percent over the first half of the year. In June, an average increase of 0.6 percent compared to May was registered.
Renting has not become more expensive everywhere, it says in the message. Specifically, monthly rents dropped between 3.0 and 0.1 percent in Ticino, the Central Plateau, the Lake Geneva region and northwestern Switzerland.
Martin Waeber is quoted in the press release as saying that "the record price increase in the residential property market" has contributed to the fact that many people did not even ask themselves whether to rent or buy. “If you don't necessarily want to rent in the center”, you can “still get a bargain in some regions”, says the Scout24 Group's CFO.
The Scout24 group belongs to the insurance group Mobiliar and the media group Ringier . In addition to the real estate platform ImmoScout24, the network of online marketplaces operates the platforms AutoScout24, FinanceScout24, MotoScout24, the classified ads platform Anibis and the marketer Scout24 Advertising.
The expansion of solar systems in Switzerland in 2020 was around 30 to 39 percent higher than in the previous year and thus at a record level. That is at least the estimate of the Swissolar association based on the figures already available on the statistics for solar energy 2020, which will be published in July.
In a communication on the occasion of the National Photovoltaic Conference in Bern, Swisssolar points out that the pace of the expansion must be further accelerated. The Federal Council's Energy Perspectives 2050+ anticipate annual solar power production of 34 terawatt hours by 2050. Swissolar would even aim for 45 terawatt hours. However, the annual expansion for both goals must be increased by a factor of three to four compared to the previous year, according to Swissolar.
According to Swissolar, the framework conditions would also have to be optimized for a faster pace of expansion. According to the association's assessment, the expansion of photovoltaic systems in Switzerland will mainly take place on the roofs and facades of buildings. An evaluation by Swissolar shows that small and medium-sized systems of less than 150 square meters on the roofs of single and multi-family houses hold almost half of the “easily accessible” solar potential. The association therefore demands that investment security should be created for these systems as a priority. In the medium term, the winter production of electricity is likely to become increasingly important. According to the association, alpine solar systems in particular are likely to play an important role here.
The Manufakt8048 business park has been completed. On Thursday, the building owner Swisscanto , the developer and general contractor Steiner AG , architects, project partners and future tenants celebrated the opening of the new modular building complex in Zurich-Altstetten. In a media release , Steiner AG also announced that in the coming years, with Manufakt8820 and Manufakt8409, two more industrial parks will be built in Wädenswil ZH and Winterthur based on the same concept.
Steiner AG describes its special manufacturing concept as sustainable and multidimensional. It offers shared meeting rooms that can be used as required, as well as so-called flex offices and meeting areas. In order to make commercial rents affordable, especially for young companies, Steiner AG has improved space efficiency with areas that can be used jointly, for example. This can be "implemented well in reception areas, meeting rooms or lounges", says her Head Real Estate, Michael Schiltknecht. This is particularly interesting for start-ups, "who don't have to rent everything right away".
As it is said, the Manufakt8048 commercial property benefits from the attractive environment in the “up-and-coming urban quarter” in the west of Zurich in the immediate vicinity of the Zurich-Altstetten train station. It thus offers "ideal conditions for companies from a wide variety of industries".
Pestalozzi Haustechnik , part of the Dietiker Pestalozzi Group, has opened a new plastic warehouse in Dietikon with an area of 1000 square meters, according to a media release . This new warehouse offers products for the civil engineering / supply sector, for example sewer and drainage pipes as well as fittings.
Thanks to the new warehouse, Pestalozzi can now also offer a 24-hour delivery service for these products. The company's own transport fleet is used for this. But customers can also pick up their products from the new warehouse themselves. The Pestalozzi e-shop is available around the clock for purchases.
In addition to building technology, the areas of steel technology, building envelopes (GABS) and logistics (Transstahl) also belong to the Pestalozzi Group. This can now offer products for plumbing, heating, supply and civil engineering from a single source and in one place.
Madaster wants to strengthen the circular economy in the construction and real estate sectors. To this end, it offers digital tools such as material passports and indices for recording the economic and circular value of buildings on its platform, Madaster explains in a press release . According to her, Madaster Services Schweiz AG has won a new colleague in Allco AG. Together, Madaster and Allco want to make it easier for companies to access building passes and promote their use.
"As a general contractor for complex construction, conversion and renovation projects, we have a great responsibility", Allco managing director Urs Meier is quoted in the press release. "It is clear to us that Madaster is an important part of systematic and always transparent sustainability planning over the life cycle of a building." The company uses the Madaster tool, among other things, for the renovation of a property in Zurich for Swiss Prime Site .
In building passports, data about the materials used in a building are recorded. In this way, future recycling of the material is made possible. Allco's specialist knowledge should help Madaster make “material data usable over the entire life cycle of buildings”, explains Marloes Fischer in the press release. "This is how circular building works", says the managing director of Madaster Services Switzerland.
Swiss Life Asset Managers has successfully completed a capital increase for the real estate fund Swiss Life REF (LUX) German Core Real Estate SCS, SICAV-SIF, informs the asset manager belonging to the Swiss Life Group in a message . A total of 108.7 million euros were raised, it continues. The funds are to be used to acquire sustainability-oriented properties in Germany.
Among other things, Swiss Life Asset Managers will acquire contractually secured residential properties that are characterized by energy efficiency and earnings potential, the company explains in the press release. In general, at least 50 percent of residential real estate should continue to be held in the fund. However, part of the newly brought in funds will be used to acquire commercially used properties in good to very good locations in German cities.
Swiss Life Asset Managers signed the UN Principles for Responsible Investment as early as 2018, the announcement further explains. According to her, the company applies appropriate environmental, social and corporate management criteria to both the purchase and management of real estate.
The construction company Strabag Switzerland has been awarded the contract for the renovation of a road section in difficult terrain in the municipality of Küsnacht as well as the renewal of the gas, water and electrical lines of the local electricity supplier Werke am Zürichsee AG . According to the media release , the project will be digitally controlled from planning through construction to subsequent maintenance. For this purpose, so-called Building Information Modeling (BIM) is used. Strabag AG has been awarded the contract as general contractor. The start of construction is scheduled for the end of August and completion around October 2022, according to the announcement.
The renovation project of the municipality of Küsnacht on the upper part of the Schiedhaldensteig is considered difficult. There, on the one hand, the renovation work has to be done in a very narrow and steep traffic area and, on the other hand, the sewerage pipes have to be replaced.
BIM manager Stijepan Ljubicic from Strabag is quoted as saying that, on the one hand, “the construction site will be handled completely digitally” with regard to the use of BIM in the planning and implementation of the two construction projects. In addition to planning and execution, all work would be digitally documented and ultimately handed over to the client in a so-called as-built model. This data offers many advantages with regard to quality management, operation and maintenance as well as a planning basis for follow-up projects.
The technical division manager for traffic route construction east at Strabag, Michael Graber, is quoted as saying that one of the main criteria for the award was the company's digital performance. The contract confirms Strabag's own competence and specialist knowledge in the field of BIM.
The press release also gives facts about the construction. The excavation will make up 1,500 cubic meters, 240 meters of raw material will be laid. The road is being built over a distance of 750 meters, using 500 tons of rolled asphalt.
ImmoScout24 wants to offer customers residing in Germany a rental loss insurance. To this end, the real estate platform of the Scout24 Group is working together with the white label insurer iptiQ from Swiss Re , the Zurich insurance group informs in a message . The offer launched under the ImmoScout24 brand covers the complete or partial loss of up to six monthly rents including ancillary costs. The insurance can be taken out and managed online.
"With the digital ImmoScout24 loss of rent insurance, we are providing private landlords with an innovative service that makes renting safer for them," Ralf Weitz, Managing Director of ImmoScout24, is quoted in the press release. This could be particularly relevant in times of the pandemic, says Weitz. ImmoSout24 takes on the role of the registered agent in the partnership.
IptiQ is responsible for covering all insurance-related aspects of the community offer, is further explained in the communication. "With ImmoScout24 we have the ideal partner in Germany to be able to offer customers tailor-made insurance products in the household sector online exactly when it matters", Andreas Schertzinger, CEO iptiQ EMEA P&C, is quoted there.
The Scout24 group belongs to the insurance group Mobiliar and the media group Ringier . In addition to the real estate platform ImmoScout24, the network of online marketplaces operates the platforms AutoScout24, FinanceScout24, MotoScout24, the classified ads platform Anibis and the marketer Scout24 Advertising.
With the Series A financing round, Swiss Nuclides AG was able to raise CHF 2.6 million. Zurich-based Turos Capital AG and private investors were involved. This capital will be used to continue the preclinical and clinical development of the lead molecules.
The Aargau start-up develops solutions for personalized cancer diagnostics, prostate cancer and neuroendocrine tumors. This improves the use of positron emission tomography (PET). This reduces cancer diagnosis and radiation exposure for patients to a minimum. With this method, sugar metabolism processes are examined to identify changed tissue structures. The patients take glucose which is linked to a weakly radioactive tracer molecule.
The evaluation of the first-time survey among the members of the Solothurn Chamber of Commerce and the Cantonal Solothurn Trade Association on the Solothurn Economic Barometer shows that the economy is returning to the growth zone. There are big differences in the industries. The sectors affected by the lockdowns are suffering, but since the beginning of the year large parts of industry and economic services have returned to a steep growth path.
The canton of Solothurn supports the SoTech Network project, the network and training platform for MINT professions. The project was developed by the location promotion agency, the Solothurn Chamber of Commerce and sovision espace Solothurn and will enter the test phase at the beginning of 2022. (see standortsolothurn.so.ch )
The majority of the companies active in the real estate market did not allow their risk behavior to be adversely affected by the coronavirus pandemic, writes EY Switzerland in a report on the current “ Asset Management Survey ”. For the study, EY Switzerland and the Lucerne University of Applied Sciences and Arts examined the activities of 52 Swiss real estate investors and pension funds. According to the results, most of the respondents intend to continue investing in domestic and increasingly also in foreign real estate in the future.
"The pandemic has hardly any noticeable impact on the general demand from investors for real estate investments that remain without alternative in the low interest rate environment and especially in uncertain times," Karl Frank Meinzer, Head of Real Estate at EY Switzerland, is quoted in the press release. According to Casper Studer, however, the focus of investments has shifted to more pandemic-resistant properties. "This is particularly true of properties that are used for living and logistics," explains the real estate expert at EY Switzerland. According to the surveys of the analysts, around seven out of ten respondents also play a medium to large role in investment decisions.
The concentration on residential and logistics real estate goes hand in hand with the increasing attractiveness of foreign real estate. More than six out of ten companies surveyed are planning to increase investments in foreign residential real estate; the figure for domestic residential real estate is 51 percent, according to the press release. 46 percent are interested in logistics properties abroad, and a third of those surveyed want to invest more in domestic logistics properties. On the other hand, 36 and 27 percent of those surveyed want to reduce their portfolio of retail properties in Germany and abroad.
Houzy continues to grow rapidly. As the PropTech start-up of the same name reports, the number of users of the platform has risen from 5,000 to 50,000 since the beginning of 2020. According to a press release, this growth is due to the strong need of homeowners for more transparency and well-founded information about their house or apartment.
Therefore, Houzy integrated a Switzerland-wide mortgage comparison in the first half of 2021. Other functions such as the plant manager, the neophyte checker and the solar calculator have been updated and expanded. At the same time, the development team has simplified and improved all tools, including the renewal fund analysis and the heating and renovation calculator.
From the available data and results, Houzy derives recommendations for planning any renovation work that is due or reminds them that it is time to change the windows. In addition, the Houzy network now has more than 700 craftsmen. To celebrate the milestone, the company is offering CHF 5,000 for a residential project as part of a competition.
With his dissertation, industrial engineer Daniel Kliem wants to create the basis for the recycling of building materials at the OST – Ostschweizer Fachhochschule, across cantons. As it is said in a media release, the “cantonal spirit” is a hindrance in the political process. If, for example, the price for mining gravel and dumping demolition and excavation is raised in one canton in order to provide incentives for recycling, the problem would only shift to other regions: “Dismantling material and excavation would then be transported to other cantons and new material would then drive from further away, ”said Kliem.
Now a participatively developed model wants to clarify the system dynamics. In addition to three OST institutes, experts from the Universities of St.Gallen and Bergen , the Zurich Office for Waste, Water, Energy and Air as well as Energy and Resource Management GmbH are involved in this four-year project. Despite the complex dynamics, it has already created a comprehensive understanding of the problem and has been able to identify actionable fields of action. For example, the processes and spatial planning measures would have to be redefined. In addition, construction-intensive cantons such as Zurich should be included and the taxation of resources should be regulated nationally.
"The realization that even experts can learn new things with models and gain new perspectives and inputs was exciting," Kliem is quoted as saying. “The obvious measure to increase the price of gravel is good and works. But if the catchment areas are included, the cooperation between cantons serves as a key to prevent additional transport. "
Novavest has completed a further capital increase from existing authorized capital, the real estate company informs in a message . Specifically, 642,619 new registered shares were subscribed at the subscription price of 42.05 francs each during the subscription rights trading between June 14 and 23. Novavest intends to use the approximately 27.0 million francs it has brought in to expand its portfolio of residential properties.
During the capital increase, existing shareholders of Novavest Real Estate AG were granted the right to purchase one new share for every eleven registered shares already held. The offer was also met with "great interest from both institutional and private investors," writes the company. As a result, Novavest was able to expand its shareholder base.
After the capital increase, Novavest's share capital will amount to 207.4 million francs, the announcement further explains. Just last December, Novavest raised around CHF 28.6 million in a capital increase. These funds were also used to expand the company's 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.
After an outstanding 2019, tourism was hit hard by the pandemic last year, explained House of Winterthur in a communication to the General Assembly on June 24th. The promotion of the location has also felt this: its income from city taxes and the sale of city guides and other services was 518,000 francs lower than the previous year, writes House of Winterthur. With income of around 2.9 million Swiss francs and the reversal of a provision of 200,000 Swiss francs, the location support posted a loss of 147,000 Swiss francs in the year under review.
The work of the location promotion is ensured by cantonal funds, explains House of Winterthur in the communication. Specifically, the cantonal council has decided to make a total of 840,000 francs available for location funding over a period of three years. The money is to be used for the recovery of tourism in the Winterthur region.
"Even during the crisis it became clear: Winterthur is full of surprising success stories – thanks to creativity, adaptability and confidence", House of Winterthur director Samuel Roth is quoted in the press release. "One of the tasks of the House of Winterthur is to track down these stories and tell them on."
Samuel Roth took over the management of House of Winterthur on August 1st last year after founding director Michael Domeisen left. With Roger Graber and Catherine Zimpfer, two more new members joined the management of House of Winterthur in 2020.
Emmi is building a modern cheese factory at its location in Emmen for 50 million francs. It will replace the existing cheese dairy building, which is over 40 years old. As stated in a press release , this new building is one of the most important investment projects in Emmi's history. On Thursday, the milk processor celebrated the start of the new project phase with the laying of the foundation stone: the building construction is being tackled. In addition to representatives from Emmi and the project partners, Council of States Damian Müller and Lucerne Councilor Fabian Peter were also present.
Preparatory work in the area began in November. The groundbreaking took place in January. The building should be ready by the end of the year. Commissioning – initially parallel to the existing cheese dairy – is planned for the end of 2022. The new dairy offers "space for highly professional and resource-saving cheese production," the message continues. In addition, it creates additional capacities in line with the long-term growth plans.
The Emmi Group has 25 production facilities in Switzerland. The company also has 14 subsidiaries abroad. It is also represented with production facilities in eight of them. Emmi exports its products from Switzerland to around 60 countries. "With regional milk from Central Switzerland, we will be producing even more high-quality cheeses such as our Lucerne cream cheese for the whole world in the future," said CEO Marc Heim.
"Emmi's investments show great confidence in the regional economy and in the canton of Lucerne as a location," government councilor Peter is quoted as saying. “As an important employer, she also serves as a role model in many ways. We are proud to have Emmi in our region. "
Schlieren has developed into a strong business location just outside the gates over the past two decades. There are now 1162 companies based in the city. There are 18,500 jobs for every 19,500 inhabitants. Schlieren now ranks 20th out of 132 municipalities in the city ranking of “Bilanz”.
The city wants to expand this strong position. This emerges from the economic strategy 2021-2025 , which was drawn up with over 80 business representatives and has now been presented .
Schlieren starts with its existing strengths. In the field of biotech around the Bio-Technopark Schlieren , the city is to further expand its international position. On a national level, Schlieren wants to position itself even more strongly as a location for start-ups. In Schlieren, clusters in the field of medtech and health care and in ICT are also to be added to match these two topics. Schlieren wants to establish itself as a node in networks that extend far beyond the city.
This also requires increased communication. In the future, the city also wants to communicate in English and French on selected topics.
But the city also wants to maintain its other clusters. For example, a service agreement with Shopping Schlieren is planned in the purchasing area. Important actors are to be retained and niche providers to settle in Schlieren. The automobile cluster should also be looked after and preserved.
A good location needs space: Areas such as the Gasi, Geistlich-Areal, Wagi, Rüti and others should receive tailor-made development strategies. A good location also needs people: the leisure and service offers should be expanded.
The city wants to further develop the location with partners such as Limmatstadt AG and the Greater Zurich Area. An economic council made up of representatives of the companies in Schlieren is also planned to support the city in the further development of the location. There will also be a change at the top of location promotion: Albert Schweizer built it up in over two decades. He will retire in around five years; the successor should be prepared in the next few years.
The former sawmill area in Domat / Ems has been expanded into an industrial park since 2017. Hamilton was the first company to settle there in 2017. The corner parcel in the northeast of the area is now to be sold to LJH Immo AG, the government of the canton of Graubünden informs in a message . It has already approved the draft of a corresponding sales contract for the Domat / Ems community for an area of 6,477 square meters.
LJH Immo AG is preparing the plot for the settlement of a total of four companies. The real estate company will invest between CHF 12 million and CHF 15 million for this, according to the announcement. According to her, the companies not named are four export-oriented companies "which develop profitable, innovative high-tech products or systems".
By settling on this parcel, the workforce of the four companies is to be increased from 85 to 140 in the medium to long term, thus creating around 55 full-time positions. "The direct and indirect added value generated by the project is of great economic importance for the canton of Graubünden," emphasizes the government in the communication.
PriceHubble is planning to focus on Central and Eastern Europe, the Zurich-based PropTech company, which specializes in real estate valuations for companies, informs in a press release . To this end, PriceHubble has taken over the Czech PropTech Realtify. The start-up company founded by Vladislav Kochetov in Prague in 2019 offers services for residential property professionals. Kochetov should manage the company, which will now operate as PriceHubble Czechia, also under the PriceHubble umbrella and, in particular, be responsible for the growth of the Zurich-based PropTech company in Central and Eastern Europe, PriceHubble writes.
The takeover is intended to strengthen and expand PriceHubble's position, Julien Schillewaert explains in the press release. "PriceHubble is without a doubt one of the fastest growing PropTech companies in Europe," the PriceHubble CEO is quoted as saying. "There is strong growth potential in Central and Eastern Europe and the integration of Realtify into our team enables us to accelerate our market expansion in the region." With the takeover, PriceHubble is now in Switzerland, France, Germany, Austria, the Netherlands and Belgium , Czech Republic, Slovakia and Japan are active.
The world exhibition, which is actually planned for 2020, begins in Dubai on October 1st. Nüssli is building ten of the total of 200 country pavilions for the Expo, according to a press release by the event builder from the St.GallenBodenseeArea. Despite strict compliance with the health measures, all work is on track, so that the pavilions of Baden-Württemberg, Germany, France, Luxembourg, Austria, Belarus, China, Japan, Kazakhstan and Monaco will be ready on time.
The pavilions of France and Japan attracted particular attention. The trade journal “Architectural Digest” recently presented the eight pavilions that will be architecturally the most important at the Expo. With France and Japan, this also includes two of the pavilions built by Nüssli. The event organizer is implementing the motto Pavilion of Light for France and is focusing on sustainability and the connection between Japan and the Middle East for Japan.
“We cultivate forward-looking planning, cultural understanding and constant exchange within and between the teams as important principles,” Harald Dosch is quoted in the message, COO Special Projects at Nüssli and responsible for all ten pavilions. His company also benefits from the experience. Because Nüssli built a pavilion for the world exhibition in Hanover 20 years ago. In the meantime, 35 more Expo projects have been added.
Wir verwenden Cookies zur Unterstützung und Verbesserung unserer Dienste. Mit der Nutzung dieser Website erklären Sie sich mit der Verwendung von Cookies einverstanden. Weitere Informationen finden Sie in unserer Datenschutzerklärung.
