Development real estate

Development real estate as at 30 June 2018

 

Development reserves

PlacePropertyAcquisition/
project start
Area of property in m2Register of suspected contaminated sitesBook value CHF millionEstimated investment volume CHF million [1]Project statusExpected completion
DielsdorfNeuwisen201346 419no35.4 (2)175.0in planningopen
LuzernEggen20188 386no33.7 (2)70.0in planningopen
RümlangBäuler198730 278yes16.0 (2)100.0in planningopen
WinterthurFlorenstrasse201611 582no2.4 (3)55.0in planningopen
ZufikonAlter Züriweg20173 806no5.5 (2)17.0in planningopen


Development reserves

PropertyNeuwisen
Acquisition/project start2013
Area of property in m246 419
Register of suspected contaminated sitesno
Book value CHF million35.4 (2)
Estimated investment volume CHF million [1]175.0
Project statusin planning
Expected completionopen
PropertyEggen
Acquisition/project start2018
Area of property in m28 386
Register of suspected contaminated sitesno
Book value CHF million33.7
Estimated investment volume CHF million [1]70.0
Project statusin planning
Expected completionopen
PropertyBäuler
Acquisition/project start1987
Area of property in m230 278
Register of suspected contaminated sitesyes
Book value CHF million16.0 (2)
Estimated investment volume CHF million [1]100.0
Project statusin planning
Expected completionopen
Winterthur
PropertyFlorenstrasse
Acquisition/project start2016
Area of property in m211 582
Register of suspected contaminated sitesno
Book value CHF million2.3 (3)
Estimated investment volume CHF million [1]55.0
Project statusin planning
Expected completionopen
Zufikon
PropertyAlter Züriweg
Acquisition/project start2017
Area of property in m23 806
Register of suspected contaminated sitesno
Book value CHF million5.5 (2)
Estimated investment volume CHF million [1]17.0
Project statusin planning
Expected completionopen
Book value CHF million93.0
Estimated investment volume CHF million [1]417.0


Buildings under construction

PlacePropertyAcquisition/project startArea of property in m2Register of suspected contaminated sitesBook value CHF millionEstimated investment volume CHF million [1]Project statusExpected completion
BülachSolistrasse201118 586yes21.855.0under completion2019


Buildings under construction

Bülach
PropertySolistrasse
Acquisition/project start2011
Area of property in m218 586
Register of suspected contaminated sitesyes
Book value CHF million21.8
Estimated investment volume CHF million [1]55.0
Project statusunder completion
Expected completion2019
Book value CHF million21.8
Estimated investment volume CHF million [1]55.0


Completed real estate

PlacePropertyAcquisition/
project start
Area of property in m2Register of suspected contaminated sitesBook value CHF millionEstimated investment volume CHF million [1]Project statusExpected completion
ZurichGuggach2016 (4)2.0

Completed real estate

Zurich
PropertyGuggach
Acquisition/project start2016 (4)
Book value CHF million2.0
Book value CHF million2.0
Book value CHF million116.8
Estimated investment volume CHF million [1]472.0

(1) Land and building costs
(2) Book value includes acquisition costs for the land 100% owned by Allreal and accrued projects costs of third parties
(3) Book value includes acquisition costs for the land 100% owned by Allreal and accrued projects costs of third parties (transfer of ownership for land pending)
(4) Completion

Solistrasse, Bülach ZH
Five new-build apartment buildings with a total of 73 condominiums and 78 underground parking spaces to Minergie-Eco standard with lettable floor space (100% residential) of 8,150 square metres. It is being built by the Projects & Development division and is scheduled for completion in 2019. As at 30 June 2018, contracts of sale had been notarised for 8 out of 73 residential units, 0 of which with transfer of ownership.

 

Guggach, Zurich
Four new-build apartment buildings with a total of 197 condominiums and 219 underground parking spaces to Minergie standard with lettable floor space (100% residential) of 25,919 square metres. The project was built by the Projects & Development division and completed in 2016. As at 30 June 2018, 196 out of 197 residential units had been sold with transfer of ownership. One apartment was still for sale.

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