Investment properties in Winterthur-Neuhegi sold to Intershop
Dietlikon, 20 December 2012 – Implenia is selling its investment properties in Winterthur-Neuhegi to real estate company Intershop. The package includes a 137,000 square metre plot of land in the industrial zone, as well as several offices and industrial buildings totalling 50,000 square metres. The investment properties are part of the portfolio that Implenia acquired when it bought Sulzer Immobilien AG in 2010. This brings a successful conclusion to a process in which Implenia has sold several investment properties not in line with its strategy.
By doing this, Implenia is rigorously putting into practice the strategy for Winterthur that it announced right at the start – one that allows the company to focus more strongly on its core competence of project development in the future. Implenia is currently contributing to the sustainable development of Neuhegi through several residential and commercial property projects, including the “roy” housing development. On the Sulzer site (“Sulzerareal”) in the middle of town, the development plan for “Werk1” is well under way. The new ZHAW library being created in the former City Hall will form the heart of the future “Education Mile” on the site. Implenia is pleased to be contributing to the sustainable development of Winterthur with these projects.
Intershop is the ideal purchaser for the investment properties in Neuhegi. As a real estate company with a core competence in the management of rental properties and as a specialist in the development of industrial parks, Intershop will make a positive contribution to urban development in the Neuhegi area. The parties have agreed not to disclose the purchase price. Intershop will take over the existing rental contracts with the industrial companies and SMEs currently occupying the properties.
Implenia press contact:
Philipp Bircher, Head of Communications
Tel.: +41 44 805 45 23
E-mail: philipp.bircher@implenia.com
Intershop press contact:
Cyrill Schneuwly, CEO Intershop Holding AG
Tel.: +41 44 544 10 00
E-mail: cyrill.schneuwly@intershop.ch
Even after selling its investment properties in Neuhegi (yellow area) Implenia is contributing to the sustainable development of the area as a project developer with several residential and commercial property projects.
Implenia is Switzerland's leading construction and construction services company. Formed in 2006 from the merger between Zschokke and Batigroup, Implenia can look back on more than 140 years of history in the construction industry. The company brings the expertise of its highly skilled Real Estate, Infrastructure Construction and Industrial Construction divisions under the single roof of a nationally and internationally active company. With its integrated business model and specialists operating in all its divisions, Implenia can manage a building project through its entire lifecycle and deliver work that is economical, integrated and customer-centric. The focus is on striking a sustainable balance between financial success and social and environmental responsibility.
Implenia, with its headquarters in Dietlikon near Zurich, employs around 6400 people and posted turnover of more than CHF 2.5 billion in 2011.The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at www.implenia.com.
