Office and Logistics Building – Buchs, Zurich
The concept behind ACRON HELVETIA I Immobilien Aktiengesellschaft calls for two investment properties to be held and managed. After the sale of the Riedpark shopping center in Zurich in late 2006, the company also sold its second property in October 2008, an LSG Sky Chefs catering facility in Rümlang, Zurich. ACRON HELVETIA I has held the Lyreco's office and logistics building in Buchs in the Canton of Zurich (as a replacement for the Riedpark property) since December 2007. As of January 1, 2009, the company merged with Südpark Zuchwilerstrasse Immobilien AG. As a result, it now holds a second investment property, the Südpark Solothurn office complex.
The total investment at the company´s inception in 2000 amounted to CHF 24,330,500. After the exchange of both properties, the repayment of the existing loans and the arrangement of new financing, the total investment was approximately CHF 34 million as of July 2009. Its share capital totals around CHF 8 million, and the current mortgages amounted to CHF 26 million as of January 1, 2009.
The shares of ACRON HELVETIA I Immobilien Aktiengesellschaft (stock market symbol: AHAN) have been listed on the BX Berne eXchange since September 30, 2009.
Properties in Detail
Details
- Legal form
Swiss stock corporation
CHE-105.653.374- Address / registered office of the company
ACRON HELVETIA I Immobilien Aktiengesellschaft
c/o Dr. Raoul Stampfli
Rötistrasse 22
4500 Solothurn
Switzerland- Year issued
2001
- Year closed
2001
- Number of shareholders at the time of issuance
125
- Number of shareholders at July 1, 2015
115 (shareholders registered in the share register)
The Property
- Type of use
Office and logistics building
- Adress
Furtbachstrasse 16-18
8107 Buchs (Canton of Zurich)
Switzerland- Year constructed
Office and administration building 1988, logistics building 1976 (addition and partial renovation in 2002)
- Site area
7,527 m² (80,990 sq. ft)
- Net leasable area
11,145 m² (119,964 sq. ft.)
- Occupancy rate in % of total area
100
- Parking spaces
Underground garage below the office building with 24 parking spaces, 65 parking spaces in the northern sector of the property
The Tenant
- Tenant
Lyreco Switzerland AG
- Lease term
12 years until June 30, 2019 with three options to extend for 5 years each, 80% indexing to Swiss consumer price index
Key Figures (in CHF)
- Investment volume
28,200,000
- Share capital
10,350,000
- Borrowed funds
17,850,000