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Steiner sells Immo-Projekt to Fortimo

Zürich/St.Gallen, November 2021

The real estate developer Steiner sells the entire Widacher project in Fischbach-Göslikon AG to Fortimo Invest AG. The site development, some of which has already been approved for construction, will be continued seamlessly.

Steiner AG has decided to “adjust the portfolio”. As a result, it sells the entire Widacher project in Fischbach-Göslikon to Fortimo Invest AG . According to a press release , Fortimo will begin with the implementation of the first construction phase in the coming year. There is already a building permit for this.

Initially, 16 terraced houses are to be built on an abandoned industrial site. This first stage also includes a further 42 apartments in three apartment buildings and two listed buildings. A total of 165 residential units in ten multi-family houses and 46 row single-family houses are planned on this site. They are to be built in three sections.

“With Fortimo we can hand over this great project to a long-standing partner company, which ensures the successful implementation and further development of this attractive residential complex,” Steiner CEO Michael Schiltknecht is quoted as saying.

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