Deve­lop­ment and pro­ject plan­ning

One of Swiss Prime Site Immobilien’s strengths is its abi­li­ty to deve­lop its own pro­jects. This paves the way for the Com­pa­ny to ope­ra­te with a high degree of inde­pen­dence from mar­ket cycles.

Deve­lop­ment pro­jects are based on the Group’s stra­te­gic tar­gets aimed at boo­sting orga­nic growth and increa­sing cor­po­ra­te pro­fi­ta­bi­li­ty. Ear­nings from com­ple­ted pro­jects are rea­li­sed in the form of reva­lua­ti­on gains, rising ren­tal inco­me and sales pro­ce­eds. New pro­jects deve­lo­ped by Swiss Prime Site Immo­bi­li­en gene­ral­ly exhi­bit above-average net yields ver­sus the mar­ket as well as the exi­sting port­fo­lio.

The invest­ment volu­me (inclu­ding sha­re of land) of Swiss Prime Site Immobilien’s pro­ject pipe­line amounts to rough­ly CHF 2 bil­li­on at the end of 2018.

Deve­lop­ment and pro­ject plan­ning

One of Swiss Prime Site Immobilien’s strengths is its abi­li­ty to deve­lop its own pro­jects. This paves the way for the Com­pa­ny to ope­ra­te with a high degree of inde­pen­dence from mar­ket cycles.

Deve­lop­ment pro­jects are based on the Group’s stra­te­gic tar­gets aimed at boo­sting orga­nic growth and increa­sing cor­po­ra­te pro­fi­ta­bi­li­ty. Ear­nings from com­ple­ted pro­jects are rea­li­sed in the form of reva­lua­ti­on gains, rising ren­tal inco­me and sales pro­ce­eds. New pro­jects deve­lo­ped by Swiss Prime Site Immo­bi­li­en gene­ral­ly exhi­bit above-average net yields ver­sus the mar­ket as well as the exi­sting port­fo­lio.

The invest­ment volu­me (inclu­ding sha­re of land) of Swiss Prime Site Immobilien’s pro­ject pipe­line amounts to rough­ly CHF 2 bil­li­on at the end of 2018.

Pro­jects under con­struc­tion

Con­struc­tion pro­jects com­pri­se an invest­ment volu­me (inclu­ding sha­re of land) of rough­ly CHF 800 mil­li­on. In this con­text, the con­struc­ted ren­tal floor space will amount to appro­xi­mate­ly 155 000 squa­re metres and gene­ra­te ren­tal inco­me of around CHF 44 mil­li­on per year. Over­all, six pro­jects are under con­struc­tion at pre­sent. The most signi­fi­cant invest­ments are being car­ri­ed out in the lar­ge­sca­le «Espace Tour­bil­lon» buil­ding com­plex in Gene­va, with a volu­me of CHF 232 mil­li­on. Two buil­dings of the five struc­tures to be erec­ted were alrea­dy sold short­ly after the con­struc­tion start date in the second half-year 2017. The objec­tive here is aimed at rea­li­sing ano­t­her par­ti­al sale. Pro­jects under con­struc­tion exhi­bit an average net yield that exce­eds the cur­rent port­fo­lio mean.

Pro­jects under con­struc­tion

Con­struc­tion pro­jects com­pri­se an invest­ment volu­me (inclu­ding sha­re of land) of rough­ly CHF 800 mil­li­on. In this con­text, the con­struc­ted ren­tal floor space will amount to appro­xi­mate­ly 155 000 squa­re metres and gene­ra­te ren­tal inco­me of around CHF 44 mil­li­on per year. Over­all, six pro­jects are under con­struc­tion at pre­sent. The most signi­fi­cant invest­ments are being car­ri­ed out in the lar­ge­sca­le «Espace Tour­bil­lon» buil­ding com­plex in Gene­va, with a volu­me of CHF 232 mil­li­on. Two buil­dings of the five struc­tures to be erec­ted were alrea­dy sold short­ly after the con­struc­tion start date in the second half-year 2017. The objec­tive here is aimed at rea­li­sing ano­t­her par­ti­al sale. Pro­jects under con­struc­tion exhi­bit an average net yield that exce­eds the cur­rent port­fo­lio mean.

Pro­jects in plan­ning pha­se

Pro­jects were in the plan­ning pha­se at the end of 2018 with esti­ma­ted invest­ment volu­mes (inclu­ding sha­re of land) of rough­ly CHF 900 mil­li­on. In this regard, the con­struc­ted ren­tal floor space will pro­bab­ly amount to appro­xi­mate­ly 135 000 squa­re metres and gene­ra­te ren­tal inco­me of around CHF 48 mil­li­on per year. The lar­gest indi­vi­du­al pro­ject of all will be «Alto Pont-Rouge» in Lan­cy, with a volu­me of about CHF 280 mil­li­on. The pro­ject plays a signi­fi­cant role for the Gene­va regi­on in its form and due to its loca­ti­on, sin­ce ano­t­her trans­por­ta­ti­on junc­tu­re and eco­no­mic hub will be crea­ted for the city as a result. In addi­ti­on, the­re are four pro­jects in the plan­ning pha­se for the con­struc­tion of new resi­den­ti­al space and ger­ia­tric care cen­tres in Para­di­so, Mon­they, Rich­ters­wil and Olten (Use­go site) for the Ter­tia­num group com­pa­ny.

Swiss Prime Site Immo­bi­li­en also holds land reser­ves that har­bour poten­ti­al invest­ments of more than CHF 300 mil­li­on in addi­ti­on to sub­stan­ti­al uti­li­sa­ti­on reser­ves in its port­fo­lio.

Pro­jects in plan­ning pha­se

Pro­jects were in the plan­ning pha­se at the end of 2018 with esti­ma­ted invest­ment volu­mes (inclu­ding sha­re of land) of rough­ly CHF 900 mil­li­on. In this regard, the con­struc­ted ren­tal floor space will pro­bab­ly amount to appro­xi­mate­ly 135 000 squa­re metres and gene­ra­te ren­tal inco­me of around CHF 48 mil­li­on per year. The lar­gest indi­vi­du­al pro­ject of all will be «Alto Pont-Rouge» in Lan­cy, with a volu­me of about CHF 280 mil­li­on. The pro­ject plays a signi­fi­cant role for the Gene­va regi­on in its form and due to its loca­ti­on, sin­ce ano­t­her trans­por­ta­ti­on junc­tu­re and eco­no­mic hub will be crea­ted for the city as a result. In addi­ti­on, the­re are four pro­jects in the plan­ning pha­se for the con­struc­tion of new resi­den­ti­al space and ger­ia­tric care cen­tres in Para­di­so, Mon­they, Rich­ters­wil and Olten (Use­go site) for the Ter­tia­num group com­pa­ny.

Swiss Prime Site Immo­bi­li­en also holds land reser­ves that har­bour poten­ti­al invest­ments of more than CHF 300 mil­li­on in addi­ti­on to sub­stan­ti­al uti­li­sa­ti­on reser­ves in its port­fo­lio.