immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Wallis

  • Valais rejects simplified approval of large solar installations

    Valais rejects simplified approval of large solar installations

    Voters in the Canton of Valais have rejected a simplification and acceleration of the cantonal approval procedure for large photovoltaic plants. In the cantonal vote on 10 September, a decree to this effect was rejected by 53.94 percent of those who voted, the State Council of the Canton of Val ais informs in a statement. It “takes note of this result”.

    The decree, which had already been approved by the Grand Council, provided, among other things, for a more concentrated approval procedure and the transfer of the approval authority from the cantonal building commission to the State Council. Complaints against a permit could thus have been lodged with the cantonal court without a diversion. After the rejection of the decree in the cantonal referendum, the previous cantonal procedure remains in force. Permits will continue to be the responsibility of the building commission. Appeals must first be lodged with the State Council. In the second and third instance, the cantonal court and the federal court have a role to play.

    By simplifying the cantonal procedure, the State Council wanted to support the implementation of the new Article 71a in the national energy law. It is aimed at the increased construction of large photovoltaic plants. The corresponding federal law remains unaffected by the result of the cantonal vote. Among other things, the conditions for the approval of large photovoltaic plants are regulated there.

  • Strabag apprentices help at the federal scout camp in Goms

    Strabag apprentices help at the federal scout camp in Goms

    The Schlierem-based construction company Strabag Switzerland is organizing a joint trainee camp with two other companies from the construction sector. According to the press release , 93 trainees from Strabag, AFRY Schweiz AG and Preisig AG will take part in the camp in Goms from July 10th to 15th and help set up the federal scout camp. The BuLa will then take place there in the upper Rhone valley in Valais from July 23rd to August 6th. Up to 30,000 participants are expected at this federal camp of the Swiss scout movement. The federal camp only takes place every 14 years.

    According to the Strabag statement, the focus is on getting together and getting to know the trainees. “In total, we started with 93 apprentices. In our opinion, the cooperation of the industry creates great added value for construction. It is all the more important that we can already cultivate this with our junior staff,” says Fikri Kosumi, who is responsible for industrial apprentices at Strabag. At Strabag Switzerland there will be a total of 49 trainees in 2022.

    Kosumi organizes the warehouse together with Dominic Graf, timber construction foreman. At dinner together and planned sports activities such as river rafting or climbing in the rope park, fun should not be neglected.

    As a co-partner of the BuLa, Strabag wants to be a part of this major event and promote the valuable exchange between the scouts and their own apprentices, according to the Strabag announcement.

  • Demand for condominiums is highly dependent on region and price

    Demand for condominiums is highly dependent on region and price

    The latest edition of the Online Home Market Analysis from the real estate portal Homegate and the Swiss Real Estate Institute (SwissREI) examines the advertisement data for condominiums for 2020 and 2021. The evaluated advertisements come from the four largest Swiss Internet portals and thus comprise around 85 percent of all online advertisements during the period under review. Detailed reports on the study for all regions can be found here in the online media release .

    For Martin Waeber, Managing Director Real Estate, SMG Swiss Marketplace Group, the latest online home market analysis shows how heterogeneous the Swiss condominium market is: “Overall, the demand for condominiums throughout Switzerland developed somewhat less dynamically last year due to the corona. However, certain market segments have seen lively demand over the past year, particularly in cities.” On average, the duration of advertisements in the low price segment has increased significantly in the cities examined, while it has remained practically unchanged in the higher price segment, although the number of advertisements has increased. “Similar to the rental apartment market, preferences in the condominium market have shifted away from smaller and cheaper to larger and more expensive properties during the Covid19 pandemic,” said Waeber, summarizing the study results.

    Longer advertisement duration despite smaller offer
    The significant increase in the average tendering period for condominiums from 61 to 84 days in 2020 compared to 2019 due to the Covid19 pandemic was confirmed at a high level in 2021 with 85 days. In comparison, the length of listings for single-family homes has fallen from just over 61 days in 2019 to pre-pandemic levels.

    On the other hand, around 20 percent fewer condominiums were offered online across Switzerland in 2021 than in the previous year. With such a severe shortage of offers, one would expect that the average duration of advertisements would also be correspondingly shorter. However, the fact that this has not shortened, but actually lengthened slightly, is evidence of a declining demand for condominiums across Switzerland for 2021.

    Prof. Dr. Peter Ilg, head of the SwissREI institute, sees several reasons for the weaker demand for condominiums: “Condominium prices in Switzerland rose by more than 8 percent on average in 2021. This is the strongest price increase in ten years. Such a significant increase in prices is likely to have had a dampening effect on demand in general. Increasing demand can only be seen in selected regions and in individual upper price segments, in which the buyers were probably able to increasingly resort to advance inheritances». This can be deduced, for example, from the distribution of taxable assets and homebuyers by age group. In the canton of Zurich, for example, the over-54s have more than half of the taxable assets, while across Switzerland the majority of home buyers are under the age of 55, Ilg continues. 

    Regional differences in the duration of advertisements are increasing
    From a regional perspective, the differences in the duration of advertisements in the eight major regions examined in 2021 have become more pronounced. In the Zurich region, where sellers have to advertise a condominium for the shortest time in Switzerland, the duration of the advertisement was reduced significantly by around a quarter to just 43 days (minus 14 days). In the two regions with the longest average duration of advertisements for a condominium, on the other hand, they continued to rise significantly, each at around 22 percent; the Vaud/Valais region recorded an increase of 18 to 98 days, Ticino by 25 to 139 days.

    In absolute terms, the greatest reduction in the length of advertisements was seen in the Central Switzerland region. After a decline of 19 days (minus 27 percent) for 2021 with 51 days, this region now has the second shortest advertisement duration of all eight regions surveyed, right after the Zurich region. The Geneva region, on the other hand, which still had the shortest advertisement duration in Switzerland at 52 days in 2020, fell back to third place in 2021 after an increase of 12 percent (plus 6 days).

    Increasing demand only in three out of eight regions examined
    The combination of the change in the duration of advertisements and the change in the number of advertisements allows conclusions to be drawn about the change in demand in the regions examined. In the three regions of Ticino, Vaud/Valais and Geneva, for the year 2021, despite a shortage of supply (i.e. a declining number of advertisements), there has been a significant increase in the duration of advertisements in some cases and thus a shrinking demand for condominiums. For the three regions of Central Switzerland, Northwestern Switzerland and Zurich, on the other hand, increasing demand (larger percentage decline in the length of advertisements than in the number of advertisements) can be observed. The other two regions (Eastern Switzerland and Espace Mittelland) show constant demand for 2021.

    Growth in demand for city apartments, especially in the upper price segment
    In addition to the eight regions, the Online Home Market Analysis also examines eight Swiss cities. When analyzing the demand for condominiums, a closer look at the price segment shows that demand in Basel, Lausanne, Geneva and Lugano in particular has increased. Both in the high price segment (CHF 1.5 million – CHF 3.0 million) and in the low price segment (CHF 0.3 million – CHF 0.5 million). In the high price segment, demand increased overall in six of the eight cities surveyed – in addition to Basel, Lausanne, Geneva, also in St. Gallen and Lucerne – while in the low price segment, the remaining four cities recorded constant or falling demand. This increased demand in the high price segment is now taking very different forms; While in Basel the declining length of advertisements in particular led to higher demand, in Geneva a much higher increase in the number of properties on offer compared to the length of advertisements indicated this conclusion.

  • IKEA expands in Chur and Valais

    IKEA expands in Chur and Valais

    IKEA is opening new locations in Switzerland after ten years. There will be a planning studio for customers in Chur and a furniture store of the usual size in Riddes. According to the press release , the 565 square meter planning studio with various model rooms is to open in autumn in the Steinbock shopping center in Chur. It should become a kind of mini-IKEA, it is said. The focus is on the consulting and planning service for visitors and business customers.

    At the same time, Spreitbach-based IKEA Schweiz AG will soon be submitting the building permit for its tenth store in the Valais municipality of Riddes. After the announcement of a so-called plan and order point in Bern, the expansion of the two locations is the next step in IKEA Switzerland’s expansion strategy. The most modern and greenest IKEA furniture store in Switzerland is to be built in Riddes. The opening is planned for autumn 2023. The shop will offer a wide range of sustainable products and services on around 23,000 square meters with lots of green space.

    “It’s now ten years since we opened the last IKEA store in Switzerland in Rothenburg and thus opened up Central Switzerland. With the planning studio in Chur and the store in Riddes, we are opening up two new markets in Switzerland outside of the cities,” Jessica Anderen, CEO and strategy manager at IKEA Switzerland, is quoted as saying. Today, IKEA has nine furniture stores in all parts of the country and a distribution center in Itingen BL, which handles most of the online sales.

    According to the press release, the IKEA planning studio is the first format of its kind in Switzerland. Comparable service points are only available in London, Berlin and Oslo. “We are both pleased and proud that IKEA is now offering its new service format based on selected world cities here in Chur of all places,” Frederick Widl, Head of Real Estate at AXA , is quoted as saying as the landlord.

  • Romande Energie buys in Valais

    Romande Energie buys in Valais

    Romande Energie is increasing its presence in Valais. As announced by the Vaudois energy supplier, it is taking over Toutelec SA in Monthey. The installer of power lines and telephone systems, founded in 1990, is not only represented at its headquarters but also with branches in Troistorrents and Vouvry in Lower Valais and in Ollon VD.

    Toutelec is now part of Romande Energie Services SA. The service subsidiary of Romande Energie is already represented in the cantons of Geneva and Friborg, in addition to Vaud, and plans to expand its range to the whole of western Switzerland. Alexandre Udry, who is responsible for the Valais at Romande Energie Services, is quoted as saying in the message that Toutelec is known for its expertise in the fields of power lines, telecommunications and security and is well anchored in the Lower Valais. "We look forward to being able to count on his professionalism in the future in order to strengthen our presence and our competencies in this area."