Strong presence in Western Switzerland: Implenia acquires attractive development plot in Nyon
Glattpark (Opfikon), 7 March 2023 – Implenia’s Real Estate Division has acquired an attractive development plot in a top residential area close to Nyon railway station. The location has excellent public transport links to centres of Geneva and Lausanne.
Implenia is looking forward to having the opportunity to develop the plans for the area to the north of the station together with representatives from the municipality of Nyon. The focus is on developing a residential building project that meets the highest sustainability standards.
Over the past two years, the Division Real Estate has successfully completed several complex transactions in the Lake Geneva region. In 2022, on behalf of the Implenia pension fund, the Division completed a land consolidation transaction directly next to Morges railway station, enabling a larger scale project development. As well as this, the Division purchased a plot for its own Real Estate portfolio as part of an additional land consolidation transaction, with a view to developing it into a residential building project. With the acquisitions and also through the joint development projects with its partner Ina Invest, the Division Real Estate has significantly expanded its project pipeline in Western Switzerland.
Implenia’s Division Real Estate has many years of experience, as well as proven, wide-ranging expertise in project development across Switzerland. The Division is also well-versed in transforming former industrial areas into lively, sustainable, hybrid-use neighbourhoods and in carrying out complex transactions.
On this, Adrian Wyss, Head of Division Real Estate at Implenia, said: “With these acquisitions, the Division Real Estate has once again demonstrated its capabilities as a transaction manager. We also offer our transaction management services to third parties, such as Ina Invest. As well as this, we are constantly evaluating real estate and plots in central, urban locations for our own successful real estate development activities or on behalf of third parties.”
Contact for media:
Corporate Communications, T +41 58 474 74 77, communication@implenia.com
Contact for investors and analysts:
Investor Relations, T +41 58 474 35 04, ir@implenia.com
Investor agenda:
28 March 2023: Annual General Meeting
16 August 2023: Half-year results 2023, Analysts and Media Conference
As a leading Swiss construction and real estate service provider, Implenia develops and implements plans for living spaces, workplaces and infrastructure in Switzerland and Germany with future generations in mind. Implenia also carries out tunnelling operations and related infrastructure projects in other markets. Established in 2006, Implenia draws inspiration from around 150 years of building tradition. The company brings together expertise from highly qualified consultancy, development, planning and implementation units under one roof, resulting in an integrated construction and real estate service provider that leads the market in multiple countries. Thanks to its wide range of services and the expertise of its specialists, the Group can realise large, complex projects and is there for clients throughout the entire life cycle of the building. In doing so, the needs of the client and a desire to maintain a sustainable balance between economic success and social and environmental responsibility are key considerations. Implenia, with its headquarters in Opfikon near Zurich, employs more than 7,600 people in Europe and posted revenue of CHF 3.6 billion in 2022. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). Further information at implenia.com.
