Lease with major tenant on Richti site in Wallisellen ZH extended early
Ad hoc announcement pursuant to Art. 53 LR
Glattpark, 1 November 2021: Allreal has extended the lease with a major tenant renting around 39,100 square metres of office space on the Richti site in Wallisellen ZH early, taking the contract up to 2033.
From 2010 to 2014, Allreal developed a new district on the Richti site between Wallisellen train station and the Glatt shopping centre that has since evolved into an attractive place to live, work and shop. The building designed by Wiel Arets Architects as an office block (tower and low-rise building) has been occupied by a major tenant from the very beginning.
The lease originally due to run out in the first half of 2023 has now been extended early up to 31 December 2033. This covers around 39,100 square metres of office space, 5,700 square metres of storage space and 306 parking spaces.
According to the 2021 half-year report, this major tenant is one of Allreal’s five largest tenants, accounting for 7% of the total rental income from commercial properties.
For further information, please contact:
Allreal Group Media Office
Chief Communications Officer
Tel. +41 44 319 12 67
Mobile +41 79 325 55 58
Allreal combines a stable-income property portfolio with the activities of a general contractor (development and realisation). The company’s property portfolio is worth over CHF 5.1 billion. During the 2021 financial year, the volume of projects completed by the Projects & Development division amounted to CHF 343 million. The property company employs more than 250 members of staff across Zurich, Basel, Bern and Geneva. With its registered office on Glattpark, Allreal operates exclusively in Switzerland. Shares in Allreal Holding AG are listed on the SIX Swiss Exchange.