Allreal acquires Rieter site in Winterthur
Allreal is acquiring a 75 000 square metre plot of land on Klosterstrasse in Winterthur ZH from Maschinenfabrik Rieter AG. The sale will be notarised in the next few days. The transfer of ownership is expected to take place in autumn 2023. The purchase price is CHF 96 million.
The area in Winterthur Töss is a focal point in the 2040 development concept of the city of Winterthur. Thanks to the nearby railway and bus stations and a motorway connection, the area has excellent transport links. In view of the very good location quality in a changing area, the site has attractive long-term development potential.
In a first step, Allreal will define the framework conditions for future development in dialogue with the city of Winterthur and the other responsible authorities. Over time, the current industrial site is to be further developed into a modern working and living space of supra-regional appeal, which also makes reference to the pioneering days of the textile industry.
Rieter will remain closely linked to the site with its new campus, also built by Allreal, with its headquarters and research area. In addition, well-known companies from the technology and research sectors are to settle here. In this way, Allreal is helping to secure jobs in the long term and create new living space in the city of Winterthur. Allreal will take over the existing tenancy agreements and refurbish and successively re-let unrented space over the next few years.