Development real estate

Development real estate as at 31 December 2020

 

Development reserves

Place Property Acquisition/
project start
Area of property in m2 Register of suspected contaminated sites Book value CHF million Estimated investment volume CHF million [1] Project status Expected completion
Dielsdorf Neuwisen 2013 46 419 no 37.1 (2) 175.0 in planning open
Luzern Eggen 2018 8 386 no 34.6 (2) 72.5 in planning open
Riehen Inzlingerstrasse 2019 10 883 no 18.6 (2) 52.6 in planning open
Rümlang Bäuler 1987 12 854 yes 6.8 (2) 30.0 in planning open
Zumikon Am Strubenacher 2019 4 569 no 12.7 (2) 33.8 in planning open
Zurich Badenerstrasse 501–505 2020 1 739 no 31.5 61.1 in planning open
Zurich Hauserstrasse 2019 1 341 no 7.1 (2) 15.0 in planning open
Zurich Spiserstrasse 2018/2019 3 001 no 31.3 (2) 75.2 in planning open

 

Development reserves

Property Neuwisen
Acquisition/project start 2013
Area of property in m2 46 419
Register of suspected contaminated sites no
Book value CHF million 37.1 (2)
Estimated investment volume CHF million [1] 175.0
Project status in planning
Expected completion open
Property Eggen
Acquisition/project start 2018
Area of property in m2 8 386
Register of suspected contaminated sites no
Book value CHF million 34.6 (2)
Estimated investment volume CHF million [1] 72.5
Project status in planning
Expected completion open
Property Inzlingerstrasse
Acquisition/project start 2019
Area of property in m2 10 883
Register of suspected contaminated sites no
Book value CHF million 18.6 (2)
Estimated investment volume CHF million [1] 52.6
Project status in planning
Expected completion open
Property Bäuler
Acquisition/project start 1987
Area of property in m2 12 854
Register of suspected contaminated sites yes
Book value CHF million 6.8 (2)
Estimated investment volume CHF million [1] 30.0
Project status in planning
Expected completion open
Zumikon  
Property Am Strubenacher
Acquisition/project start 2019
Area of property in m2 4 569
Register of suspected contaminated sites no
Book value CHF million 12.7 (2)
Estimated investment volume CHF million [1] 33.8
Project status in planning
Expected completion open
Zurich  
Property HBadenerstrasse 501-505
Acquisition/project start 2020
Area of property in m2 1 739
Register of suspected contaminated sites no
Book value CHF million 31.5
Estimated investment volume CHF million [1] 61.1
Project status in planning
Expected completion open
Zurich  
Property Hauserstrasse
Acquisition/project start 2019
Area of property in m2 1 341
Register of suspected contaminated sites no
Book value CHF million 7.1 (2)
Estimated investment volume CHF million [1] 15.0
Project status in planning
Expected completion open
Zurich  
Property Spiserstrasse
Acquisition/project start 2018/2019
Area of property in m2 3 001
Register of suspected contaminated sites no
Book value CHF million 31.3 (2)
Estimated investment volume CHF million [1] 75.2
Project status in planning
Expected completion open
Book value CHF million 179.7
Estimated investment volume CHF million [1] 515.2

 

Buildings under construction

Place Property Acquisition/project start Area of property in m2 Register of suspected contaminated sites Book value CHF million Estimated investment volume CHF million [1] Project status Expected completion
Winterthur Florenstrasse 2016 11 582 no 31.7 (2) 57.3 under completion 2022
Zufikon Alter Züriweg 2017 3 806 no 12.3 (2) 17.0 under completion 2021

 

Buildings under construction

Winterthur  
Property Florenstrasse
Acquisition/project start 2016
Area of property in m2 11 582
Register of suspected contaminated sites no
Book value CHF million 31.7 (2)
Estimated investment volume CHF million [1] 57.3
Project status under completion
Expected completion 2022
Zufikon  
Property Alter Züriweg
Acquisition/project start 2017
Area of property in m2 3 806
Register of suspected contaminated sites no
Book value CHF million 12.3 (2)
Estimated investment volume CHF million [1] 17.0
Project status under completion
Expected completion 2021
Book value CHF million 44.0
Estimated investment volume CHF million [1] 74.3

 

Completed real estate

Place Property Acquisition/
project start
Area of property in m2 Register of suspected contaminated sites Book value CHF million Estimated investment volume CHF million [1] Project status Expected completion

Completed real estate

Book value CHF million 0.0
Book value CHF million 223.7
Estimated investment volume CHF million [1] 589.5

(1) Land and building costs
(2) Book value includes acquisition costs for the land 100% owned by Allreal and accrued project costs of third parties

 

Florenstrasse, Winterthur ZH
Eight new-build apartment buildings with a total of 51 condominiums and 74 underground parking spaces, with lettable floor space (100% residential) of 6,232 square metres. It is being built by the Projects & Development division and is scheduled for completion in 2022. As at 31 December 2020, contracts of sale had been notarised for 31 of the 51 residential units and 19 had been reserved.

Alter Züriweg, Zufikon AG
Two connected new-build stepped apartment blocks with a total of 20 condominiums and 30 underground parking spaces with lettable floorspace (100% residential) of 3,646 square metres. It is being built by the Projects & Development division and is scheduled for completion in the first half of 2021. As at 31 December 2020, contracts of sale had been notarised for 20 of the 20 residential units. The ownership had not been transferred for any of these units.

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