As part of its growth strategy in the commercial and industrial sector, Patrimonium Urban Opportunity AG, the BX-listed real estate company launched by Patrimonium Asset Management AG in 2010, acquires an important office and logistics building in Reinach (BL), growing the value of its portfolio to approx. CHF 245 m
The property is situated at an ideal location close to a highway exit in the thriving industrial zone of Reinach Kägen (BL). The rental surface of the building amounts to roughly 11’000 m2.
The property was previously used as a production site for train parts in the past. It will be repositioned within the commercial / industrial space in the upcoming months. This acquisition will further complement and diversify the portfolio of Patrimonium Urban Opportunity AG currently consisting of 9 assets distributed in the main urban areas of Zurich, Geneva and Lausanne. With this acquisition, total portfolio value will rise from CHF 230 m to roughly CHF 245 m as Patrimonium Opportunity AG continues its opportunistic growth strategy with an active management approach.
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About Patrimonium Urban Opportunity AG
Patrimonium Urban Opportunity AG is a Swiss real estate company listed at BX Swiss AG (“PATRI”, ISIN: CH1141117965). The company pursues an active and selective acquisition and development strategy focused on targeted real estate opportunities in attractive macro- and micro-locations in urbanising areas. The portfolio includes investment properties in Switzerland’s main economic hubs – Vaud, Geneva and Zürich.The purpose of the Company is to purchase, sell, lease, and manage real estate in Switzerland. The Company is a limited company incorporated and domiciled in Switzerland. The registered office is located at Chemin des Lentillières 15, 1023 Crissier.
The asset management is delegated to Patrimonium Asset Management AG and its experienced real estate asset management team. Patrimonium Asset Management AG is a Swiss fund management company supervised by FINMA.