Florenstrasse, Winterthur ZH
Eight new-build apartment buildings with a total of 51 condominiums and 74 un-derground 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 30 June 2021, contracts of sale had been notarised for all 51 residential units. The ownership had not yet been transferred for any of these units.
Widstud, Bülach ZH
New-build shooting centre with various indoor and outdoor facilities. The land was acquired in the first half of 2021 and the project comprises around 6,800 square metres of floor space. The property will be incorporated into the development real estate portfolio by the Projects & Development division upon completion. It is be-ing built by the Projects & Development division. The work is due to be completed in autumn 2022, with the centre scheduled to open its doors in summer 2023. Widstud-Betriebsgesellschaft AG will act as the operating company under a long-term rental agreement with Allreal covering at least 30 years.
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 |
|---|---|---|---|---|---|---|---|---|
| Luzern | Eggen | 2018 | 8 386 | no | 34.6 (2) | 72.5 | in planning | open |
| Riehen | Inzlingerstrasse | 2019 | 10 883 | no | 18.7 (2) | 52.6 | in planning | open |
| Rümlang | Bäuler | 1987 | 10 583 | yes | 5.6 (2) | 24.7 | in planning | open |
| Zumikon | Am Strubenacher | 2019 | 4 569 | no | 12.8 (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 | 31.9 (2) | 75.2 | in planning | open |
| Total development reserves | 142.2 | 334.9 | ||||||
Development reserves
| Luzern | |
| 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 |
| Riehen | |
| Property | Inzlingerstrasse |
| Acquisition/project start | 2019 |
| Area of property in m2 | 10 883 |
| Register of suspected contaminated sites | no |
| Book value CHF million | 18.7 (2) |
| Estimated investment volume CHF million [1] | 52.6 |
| Project status | in planning |
| Expected completion | open |
| Rümlang | |
| Property | Bäuler |
| Acquisition/project start | 1987 |
| Area of property in m2 | 10 583 |
| Register of suspected contaminated sites | yes |
| Book value CHF million | 5.6 (2) |
| Estimated investment volume CHF million [1] | 24.7 |
| 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 | 12.8 (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 | 31.9 (2) |
| Estimated investment volume CHF million [1] | 75.2 |
| Project status | in planning |
| Expected completion | open |
| Total Entwicklungsreserven | |
| Book value CHF million | 142.2 |
| Estimated investment volume CHF million [1] | 334.9 |
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 | 38.1 (2) | 57.3 | under completion | 2022 |
| Bülach | Widstud | 2021 | 56 945 | yes | 3.9 (2) | 30.8 | under completion | 2022 |
| Total buildings under construction | 44.0 | 74.3 | ||||||
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 |
| Bülach | |
| Property | Widstud |
| Acquisition/project start | 2021 |
| Area of property in m2 | 56 945 |
| Register of suspected contaminated sites | yes |
| Book value CHF million | 3.9 (2) |
| Estimated investment volume CHF million [1] | 30.8 |
| Project status | under completion |
| Expected completion | 2022 |
| Total angefangene Bauten | |
| Book value CHF million | 42.0 |
| Estimated investment volume CHF million [1] | 88.0 |
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 |
|---|---|---|---|---|---|---|---|---|
| Total completed real estate | 0.0 | |||||||
| Total development real estate | 184.2 | 422.9 | ||||||