|
Mobimo Holding AG
/ Key word(s): Disposal/Personnel
Business Update
As part of its active portfolio management, Mobimo continuously reviews whether individual properties in the investment portfolio are still aligned with the strategic priorities. In light of this, Mobimo has concluded that the Ziil-Center in Kreuzlingen is no longer an optimal fit for its portfolio due to its peripheral location. Other owners are better positioned to carry out the necessary repositioning of this property. Accordingly, the property was sold to a private investor from the region at book value (as at 30 June 2024, before sales costs) at the beginning of November in line with the capital recycling strategy. The funds generated by the sale will be used to implement the project pipeline. The first success in letting the project at Hardturmstrasse in Zurich (Office Tower) was achieved at the end of October with the signing of the first rental agreement for one floor. Discussions are ongoing with other interested parties. However, due to slight construction delays, completion of the project will be postponed to the first half of 2025. The Edenblick condominium project in Oberägeri continues to develop very positively. Of a total of 90 apartments, ownership has been transferred or reservations have been made for 82 appartements as at the beginning of November. Completion of the project is planned for the second quarter of 2026. Mobimo is pleased to announce that Ms Nadia Mastacchi (1983) will join the Executive Board as Head of Portfolio and Transactions on 1st March 2025. Nadia Mastacchi has a master’s degree in architecture from the Politecnico di Milano and has completed a range of continuing education courses in real estate, sustainability, management and leadership. Thanks to her many years of experience in portfolio management at well-known companies and institutional investors, she brings with her extensive knowledge of the entire real estate life cycle. Until Nadia Mastacchi joins the company, the department will continue to be managed ad interim by Daniel Ducrey. Mobimo is also delighted to celebrate its 25th anniversary over the coming weeks and months. The company has been successfully developing and creating working, residential and living spaces with a great deal of passion and a sense of responsibility for a quarter of a century.
If you have any queries, please contact: Contact for media:
Additional features: File:
End of Media Release |
2023079 05.11.2024 CET/CEST
