30 January 2018

Swiss Prime Site Immobilien acquires Iseli site in Zurich agglomeration

Regensdorf industrial site makes attractive addition to existing portfolio
Swiss Prime Site Immobilien has acquired the Iseli site in Regensdorf with effect from 1 January 2018. This industrial plot has a total area of some 25 000 m2, of which approximately 17 000 m2 represent existing facilities. At present, these comprise eight multi-purpose industrial buildings let to specialised trade and service tenants operating in the construction and mechanical engineering industries. The site currently generates annual rental revenue of CHF 1.35 million. Both parties to the transaction have agreed not to disclose the purchase price.

Substantial development potential anticipated
Over the next few years, the forthcoming completion of the area «Regensdorf Bahnhof Nord» and the expansion of the Gubrist motorway tunnel will make Regensdorf an increasingly attractive location. Based on its current rapid rates of growth, the Regensdorf municipality expects to attract a further 8 000 inhabitants by 2040. With its own dedicated railway access and the industrial designation it has already been granted, the Iseli site offers significant potential for further densification. As Peter Lehmann, Swiss Prime Site Immobilien AG’s CEO, explains, «This property is ideally suited to our growth strategy. It has the potential to accommodate a further 40 000 m2 of rentable floorspace, which we can use to develop new structures in accordance with market requirements.»

Should you have any questions, please contact:

Mladen Tomic, Media Relations
Phone +41 58 317 17 42, mladen.tomic@sps.swiss

Peter Lehmann, CEO, Swiss Prime Site Immobilien
Phone +41 58 317 17 30, peter.lehmann@sps.swiss


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