immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Struktur

  • Robust market in Lucerne

    Robust market in Lucerne

    The commercial property market in the canton of Lucerne is proving resilient, even in the international context of economic uncertainty. Switzerland’s gross domestic product grew by 1.3 per cent in 2024 and is expected to rise to 1.5 per cent in 2025. The canton of Lucerne benefits from its broadly diversified economic structure with strong sectors such as construction, finance and services.

    Bottleneck meets demand
    Demand for office space remains high, fuelled by continued employment growth in the service sector. At the same time, the construction volume of around CHF 50 million is well below the long-term average. This reluctance to construct new buildings is further reducing supply, causing rents to rise moderately but continuously – by an average of 10 per cent since 2015.

    Structural change weighs on
    Despite stable consumption indicators, the market for retail space remains under pressure. Online retail, changing consumer behaviour and geopolitical uncertainties are putting pressure on even highly frequented locations. Falling asking rents point to a prolonged period of weakness – there is currently no recovery in sight.

    Solid basis, new risks
    At less than one per cent, the vacancy rate for industrial space is well below the national average. Demand is stable and projects such as new business parks in Lucerne and the surrounding area are signalling momentum. However, trade tensions, particularly with the USA, could slow down this trend and cause a slowdown in the medium term.

    Plenty of potential, but growing pressure
    The new study by Luzerner Kantonalbank and Wüest Partner paints a differentiated picture. Office and industrial space is benefiting from Lucerne’s attractiveness as a location and the strong domestic economy. Retail space, on the other hand, remains the problem child. Future developments will be largely determined by international conditions.

  • Failure of the merger endeavours between Limmatstadt AG and Regionale 2025

    Failure of the merger endeavours between Limmatstadt AG and Regionale 2025

    The plans to join forces in the Limmat Valley by merging the private-sector Limmatstadt AG and the publicly financed Regionale 2025 association have failed. The two organisations, which had previously worked in parallel on the development of the Limmat Valley as a whole, were unable to agree on a joint structure and financing for a future public-private partnership. This development now raises questions about the continuation of location promotion activities in the region.

    The two organisations have existed side by side for a decade with similar objectives but different approaches and funding models. While the Limmat Valley Regional Project Show Association concentrates on the realisation of an exhibition of regional projects, Limmatstadt AG focuses on regional location promotion.

    Last year, Limmatstadt AG initiated a strategy project to develop a sustainable structure for regional development with stakeholders from various sectors. The strategy paper “Together for the Limmat Valley” aimed to merge the two organisations from 2026 in order to tackle regional challenges more efficiently.

    However, these plans were rejected by the board members of the Limmattal Regional Project Show association, which puts the continuation of the project in question. In response to this development, the Chairman of the Board of Directors of Limmatstadt AG, Balz Halter, has announced his resignation and will withdraw from the organisation.

    Limmatstadt AG has worked intensively over the last ten years to establish the Limmat Valley as a region and to represent its interests. In view of the current situation, it is now being discussed whether and how location promotion in the Limmat Valley should be continued.

    The early public general meeting on 12 March 2024 is intended to provide the framework for a comprehensive discussion on the future of Limmatstadt AG and location promotion in the Limmat Valley.

  • HSLU develops recommendations for sustainable high-rise buildings

    HSLU develops recommendations for sustainable high-rise buildings

    Researchers from various departments of the HSLU have dealt with the question of how a high-rise building can be designed in a socially sustainable manner, the HSLU informs in a press release . Architectural, social and economic aspects were examined for this purpose. The researchers have derived planning and action recommendations from their findings. The interdisciplinary university project was funded by the Swiss Agency for Innovation Promotion, Innosuisse .

    A sustainable high-rise offers “both a high individual and collective quality of life and has an eye on community life today and for future generations,” project initiator Alex Willener is quoted as saying in the statement. In order to meet these requirements, the building must be of use to both its occupants and those around it, promote social cohesion and also be economically viable, writes the HSLU.

    In a skyscraper, people with different lifestyles and expectations live under one roof. The researchers recommend that these differences be taken into account as early as the planning stage and promoted in the completed building. In order for a high-rise to be accepted in the area, it should offer something for the entire district. Doctors’ surgeries, crèches or a neighborhood meeting point are given as examples in the communication. In order to be able to adapt the high-rise to changing needs, the researchers recommend making sure during construction that rooms can be combined or re-divided with little effort. hs

  • Dormakaba is growing at double-digit rates

    Dormakaba is growing at double-digit rates

    According to a statement from dormakaba , the globally active locking technology group from the Glattal generated sales totaling CHF 1.35 billion in the first half of the 2021/22 financial year, which ended on December 31, 2021. In a year-on-year comparison, this corresponds to growth of 10.0 percent. The operating result at the EBITDA level increased by 7.9 percent to CHF 193.5 million in the same period. A net profit of CHF 100.6 million was reported compared to CHF 99.9 million in the same period of the previous year.

    At 14.3 percent, the EBITDA margin was 0.3 percentage points lower than in the first half of 2020/21. In the statement, dormakaba attributes this “to the product mix, higher raw material and freight costs and increased labor costs”. In the Germany, Austria and Switzerland region, however, the EBITDA margin increased from 17.1 to 18.2 percent year-on-year.

    "Due to healthy demand, we were able to achieve strong organic growth," Jim-Heng Lee is quoted as saying in the release. According to dormakaba's CEO, the company was able to record "promising order intake and a good order backlog" in most markets and all segments. The head of the company is confident "that we will continue on this path of growth with the implementation of our new strategy".

    dormakaba reorganized its corporate structure with effect from the beginning of the year. In the future there will be “three customer-centric regions and sales organizations” with Americas, Asia Pacific and Europe & Africa, according to the press release. To this end, the DACH and EMEA business areas will be combined in the Europe & Africa region and the Middle East region will be integrated into Asia Pacific. All regions are to be supported “by new global functions such as Marketing & Products or Operations”.