Allreal is known for taking consistently good care of properties and making fundamental changes at just the right moment. That was certainly the strategy for the commercial property at Bellerivestrasse 36 in Zurich Seefeld. When leases were due to expire in 2021, it was the perfect opportunity to fully modernise the former Elektrowatt building after 50 years. And now the building has an attractive new look and has been upgraded to meet high sustainability standards.
It’s a cold and wintry day in November. Just before the first tenants move into the building, work to install the solar power system and complete the tenant fit-out is almost finished at Bellerivestrasse 36.
The interior work for La Prairie Group’s space is the furthest along. The global luxury skin care company will be the building’s main tenant, occupying around two thirds of the space.
Other tenants – Marcuard Family Office, DZ Privatbank and Fertility Health Clinic – will be moving into the fully let property one by one over the spring and summer of 2024.
The commercial property at Bellerivestrasse 36 is certainly at the top of the list of high-end properties in our portfolio now thanks to the successful modernisation work and its exclusive lakeside location.”
Stefan Hecker Portfolio Manager, AllrealIt’s no coincidence that La Prairie Group is moving its global headquarters from Volketswil to Zurich Seefeld. The passion and dedication of the Allreal employees involved in the project are to thank for attracting such a renowned company. One of those employees is Stefan Hecker, a portfolio manager who has been responsible for the property for over a decade. He was convinced all along that the building needed a full renovation. When long-term tenant PartnerRe moved into the brand-new Allreal commercial property at Hardstrasse 301, it was the perfect opportunity to give the building at Bellerivestrasse 36 a new lease of life.
“Considering its highly attractive location right by the lake, we knew that the future commercial property on Bellerivestrasse would need to be high-end across the board, ticking the boxes for appearance, building services and sustainability. In other words, everything a property needs to be exclusive and bring in plenty of income”, explains Stefan Hecker.
La Prairie Group had been looking for a new head office that would meet high sustainability standards for a while. They were extremely enthusiastic from the moment they heard about the renovation work on Bellerivestrasse. “We’re absolutely delighted that we can provide our employees with such a lovely and modern workplace – whether they’re working in an office or lab setting. And our employees are so excited about moving in,” says Marius Dahler, Global Head of Real Estate at La Prairie Group, who is heading up the project.
The commercial property at Bellerivestrasse 36 is a dream come true for us. The building offers us everything we need from our head office. It has character and oozes elegance, while offering an ultra-modern infrastructure, excellent public transport links and meeting high sustainability requirements. Our employees are going to love working here!
Marius Dahler Global Head of Real Estate, La Prairie GroupBefore Stefan Hecker could put the property on the market, the in-house development team had to do what they do best. As per the standard procedure for all larger projects at Allreal, they ran a competition to ensure the highest standards. The plans put forward by prestigious Danish architecture firm C.F. Møller Architects were selected.
The new commercial property boasts a contemporary design and prestigious look with an open façade looking out onto the lake. With its state-of-the-art technology and materials, this building is setting a good example when it comes to energy efficiency. For example, solar power is used widely, with the system being installed on the canopy roofs to blend in beautifully with the building’s architecture. Meanwhile, the temperature inside is regulated using sea water.
Use
Commercial property with office, lab and storage space and an on-site staff canteen
Tenants
La Prairie Group, Marcuard Family Office, DZ Bank, Fertility Health Clinic
Year of construction/renovation
1974/2021–2024
Area of property in m²
10,494
Floor space in m²
12,400
Sustainability
Minergie and LEED Platinum certification, solar power, sea water used for heating and air-conditioning