immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Zürcher

  • Office LAB becomes a new tenant in Konnex Baden

    Office LAB becomes a new tenant in Konnex Baden

    On behalf of the co-ownership, SPGI Zurich has rented additional space in the Baden connection . The Zurich company Office LAB will move into a total area of over 2800 square meters from January 2024, according to a press release . Then the provider of coworking offices will also take over the entire conference and event management for the Konnex building complex in the center of Baden.

    Office LAB has been using 800 square meters in connection with sub-letting since August of this year. The Zurich company offers office solutions for individuals and companies. These receive access to the coworking spaces in the form of day passes or fixed team offices. So far, Office LAB operates six locations. With the new location, the company is strengthening its already established presence in Baden.

    The Konnex building complex at Brown Boveri Strasse 7 is currently being completely renovated. A “city within a city” offer will be available there by mid-2023. A total of around 35,000 square meters of space will be rented for this purpose.

  • Michael Schiltknecht becomes the new CEO of Steiner AG

    Michael Schiltknecht becomes the new CEO of Steiner AG

    The real estate developer Steiner will be managed by Michael Schiltknecht as the new CEO. According to the company's press release , this will continue the transformation process that Steiner AG decided on in February 2011. At that time, Steiner decided to further develop the business model into a leading real estate company with the associated construction expertise. Schiltknecht succeeds Ajay Sirohi, who is leaving Steiner AG.

    In the 2021/22 financial year, which ended on March 31, 2022, the Steiner Group generated sales totaling CHF 763.6 million. According to a press release , operating earnings before interest and taxes reached an exceptionally high figure of CHF 49.7 million. Steiner was also able to acquire new development projects with a forecast market value upon completion totaling around CHF 1.5 billion in the year under review. This has increased the group's development portfolio to a volume of CHF 6.4 billion.

    Founded in 1915, the company is headquartered in Zurich and has branches in Basel, Bern, Lucerne, Tolochenaz VD and Geneva. According to the media release, the portfolio includes a wide range of projects in the areas of living, office, industry and logistics as well as own product innovations such as the brands Werkarena, Manufakt or Steiner Student Hotel. In French-speaking Switzerland, Steiner Construction is the market leader in the realization of real estate using the total/general contractor model. Steiner AG has created two new areas: Steiner Financial Initiatives for new investment solutions and Steiner Digital for digital collaboration platforms.