Stefan Kölliker, President of the Government of St. Gallen, is a strategic new member of the Board of Directors
After a comprehensive realignment, Admicasa welcomes the former St. Gallen district president Stefan Kölliker as a new board member. Kölliker, who recently retired from active politics, brings extensive experience to the strategic leadership and further development of the
IWB leaves the energy crisis behind in terms of profit
The Basel energy provider IWB increased its revenue by 11 percent to 1,265 million Swiss francs in 2023, setting a new record. Higher revenues from electricity supply in the free market, the growing solar business, and increased gas tariffs contributed significantly to this achievement. The profit
Prices for residential property move in opposite directions
The Swiss Real Estate Offer Index shows a price increase of 1.2 per cent for single-family homes in April compared to the previous month, as reported by the SMG Swiss Marketplace Group. Despite the widespread demand for owner-occupied homes, buyers have become more selective, which leaves the
Potential for transformation despite development delay in Basel
A new study by the Sotomo research institute, commissioned by the "Basel vorwärts" initiative, shows that Basel is lagging behind other major Swiss cities in terms of housing construction and population and job growth. Nevertheless, the city harbours considerable potential for urban transformation
New Lucerne Theatre: Forward-looking operating concept confirmed
In the course of the September 2023 session, the Lucerne Cantonal Council requested an external review of the operating concept for the new Lucerne Theatre. The preliminary evaluation by METRUM Managementberatung now confirms that the financial requirements have been met and gives the green light
New investor for sustainable construction start-ups
The newly founded investment company buildify.earth, initiated by Switzerland Innovation Park Central in collaboration with private investors and Zuger Kantonalbank, focuses on promoting start-ups that specialise in the circular economy and CO2 reduction in the construction
Continuation of the Basel region’s energy package planned until 2025
The cantonal government of Basel-Landschaft is in favour of continuing the successful Basel-Landschaft energy package until the end of 2025. In view of the ongoing successes and the current financial challenges, it is proposing adjustments to the contribution rates and additional
Helvetica strengthens management team to realise strategic goals
In order to strengthen its market presence and fund strategies, Helvetica has expanded its management team in a targeted manner. New key positions in the areas of asset management, sales and finance have been filled with experienced industry experts to ensure the sustainable development and
Sustainable properties are fit for the future
There is huge potential in the Swiss building stock. With the right optimisations, energy consumption, CO2 emissions and costs can be reduced. At the same time, the market value of the property can be increased. Migros Bank supports its corporate customers in identifying and exploiting the
Price increases and regional declines in the 1st quarter of 2024
In the first quarter of 2024, the Swiss real estate market recorded both general price increases and specific regional declines in home ownership. While prices for condominiums and single-family homes rose nationwide, significant price reductions were observed in some
St.Jakob-Park stadium co-operative takes stock of its finances
The Stadion St. Jakob cooperative informs about its financial situation. The stadium, opened in 2001 and home to FC Basel, is in urgent need of renovation. The necessary funds are to be raised by the stadium cooperative through equity, debt, sponsorship, and
UBS and Wincasa launch new property advisory service
UBS and Wincasa have introduced a new advisory solution for owners of investment properties. This service aims to support renovation and energy-efficient upgrades to reduce greenhouse gas emissions. The collaboration aims to promote sustainable thinking in the real estate
Prices for residential property rise by over 3 per cent
Single-family homes cost 3.9 per cent more and owner-occupied flats 3.1 per cent more in the first quarter of 2024 compared to the same quarter of the previous year. Compared to the last quarter of 2023, prices for single-family homes rose by 1.4 per cent, while those for condominiums stagnated.
Disused smartphones to control buildings
Hanmin Cai from the Swiss Federal Laboratories for Materials Science and Technology (Empa) is working on repurposing old smartphones for controlling building systems. This approach eliminates the need for CO2-intensive production of new computer chips for these
BKW reports second-best result in company history
BKW AG reports total revenue of just under CHF 4.6 billion and a net profit of CHF 432 million for the 2023 financial year. The Bern-based energy supplier has thus achieved the second-best result in its history. The energy business in particular contributed to
Revaluations reduce Fundamenta Real Estate’s profits
Fundamenta Real Estate reported a significantly lower net profit of 8.3 million francs in 2023 compared to the previous year. The background to this is impairments in the portfolio. Without these, net profit increased by 2.3 percent to 20.3 million
Changing investment strategies due to rising interest rates
The real estate market, previously considered a safe haven, is facing new challenges. Increasing environmental, social and governance (ESG) requirements, rising vacancy rates in office space, objection trends and the latest interest rate hikes are putting pressure on the asset class. These
Dormakaba increases profitability
Der starke Franken hat die weltweiten Umsätze von dormakaba in der ersten Hälfte des Geschäftsjahrs 2023/24 unter den Vorjahreswert gedrückt. Organisch konnte hingegen ein Umsatzwachstum verbucht werden. Zudem legte die Marge auf das bereinigte Betriebsergebnis deutlich