HIAG HIAG Immobilien Holding AG

Development agreement with Oerlikon for Reichhold Campus

HIAG Immobilien Holding AG / Key word(s): Agreement/Real Estate
Development agreement with Oerlikon for Reichhold Campus

23.12.2022 / 06:55 CET/CEST


Media information

Basel, 23 December 2022 – HIAG and Oerlikon, a global leader in surface engineering, polymer processing and additive manufacturing, have signed a development agreement for the construction of assembly and production capacities at the Reichhold Campus in Hausen/Lupfig.

Under the development agreement, HIAG will build a production and distribution centre as well as an office building for Oerlikon on the Reichhold Campus (total area 75,000 m2) on a floor space of 14,500 m2, which the technology company will use on the basis of a long-term rental agreement. The rental agreement is an integral part of the development agreement and becomes effective with the granting of the legally binding building permit. From today's perspective, Oerlikon would then join HIAG's top five tenants.

The planning application is scheduled for the third quarter of 2023. Construction is expected to start in spring 2024, which implies that the new location should be ready for occupation from mid-2025.

"With around 230 planned production and office workplaces, Oerlikon is an ideal first tenant at the Reichhold Campus," says HIAG CEO Marco Feusi. "The relocation of the renowned technology pioneer will draw the attention of innovative companies to the attractive location who are looking for sustainable solutions for their individual requirements."

Oerlikon intends to merge its existing sites in Wohlen, Dottikon and Winterthur at the Reichhold Campus near the Birrfeld motorway junction and, with this investment, is strengthening its surface solutions production capacity and customer service in Switzerland.

   
Contact  
Marco Feusi
Chief Executive Officer
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Alex Römer
Site Developer
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HIAG Immobilien Holding AG
Aeschenplatz 7
4052 Basel
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Company calendar  
13 March 2023 Publication of Annual Report 2022
27 April 2023 Annual General Meeting
28 August 2023 Publication of Half-Year Report 2023


About HIAG
HIAG is a leading real estate company listed on SIX Swiss Exchange that holds a real estate portfolio with a total value of CHF 1.87 billion. Compared to the total area of the real estate portfolio of 2.6 million m², HIAG has an outstanding development pipeline of around 815,000 m² with currently 61 projects and an expected investment volume of CHF 3.07 billion. The portfolio comprises 45 sites with well-developed office, commercial and logistics properties as well as selected residential properties in future-oriented growth regions of German and French-speaking Switzerland. HIAG generates a stable rental income from its real estate management activities and creates long-term value potential through active portfolio management and the development of attractive destinations.



End of Media Release


Language: English
Company: HIAG Immobilien Holding AG
Aeschenplatz 7
4052 Basel
Switzerland
Phone: 0
Internet:
ISIN: CH0239518779
Valor: A113S6
Listed: SIX Swiss Exchange
EQS News ID: 1520523

 
End of News EQS News Service

1520523  23.12.2022 CET/CEST

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23/12/2022

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