Intershop acquires Industrial and Commercial Site in Zuchwil
|
Intershop Holding AG
/ Key word(s): Miscellaneous
Intershop has acquired a 35,600 m² plot with significant development potential in the industrial and commercial zone of Zuchwil (SO) from Activ-Gewerbe-Park AG. The so-called Scintilla area offers a letttable space of approximately 40,000 m² with an ERV of CHF 4.0 million p. a. The current vacancy rate of 11% corresponds to 4,400 m² of lettable space. After the scheduled departure of the main tenant at the end of March 2025, the total available space will be 29,900 m². This allows for a comprehensive repositioning and income-related optimization of the site, while continuing the existing lease agreements. The property, located between Zuchwil and the city of Solothurn, has excellently access. To the west, it borders a mixed-use neighbourhood currently under redevelopment. Like this neighbourhood, the Scintilla site is expected to benefit medium- to long-term from local and regional development. The parties have agreed not to disclose the purchase price. The acquisition significantly expands Intershop’s portfolio of development properties, underlining and reinforcing its proven strategy of creating added value through the utilization and realization of development potential. 
Company portrait Intershop is the oldest real estate company listed at SIX Swiss Exchange and invests primarily in commercial properties in Switzerland. As at 30 June 2024, the portfolio comprised 44 properties with a rentable area of around 524,000 m² and a market value of around 1.4 billion Swiss francs. Intershop invests primarily in the Zurich economic area, the Lake Geneva region and along the main transport axes. The portfolio combines high earning power and security thanks to diversification of use and geography with considerable value-added potential in the developable properties.
Download
End of Media Release |
||||||||||||||||||||||||
| Language: | English |
| Company: | Intershop Holding AG |
| Giessereistrasse 18 | |
| 8031 Zurich | |
| Switzerland | |
| Phone: | +41 44 5441000 |
| Fax: | +41 44 5441001 |
| E-mail: | info@intershop.ch |
| Internet: | https://intershop.ch/ |
| ISIN: | CH0273774791 |
| Valor: | 27377479 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2033763 |
| End of News | EQS News Service |
|
|
2033763 20.11.2024 CET/CEST
