The BLPK has contributed a plot of building land at St-Jakobstrasse 187-189, Basel (BS) to the Swiss residential real estate investment group. The contribution in kind was made on condition that a building permit was obtained. In collaboration with Halter AG, Münchenstein, the building permit was obtained in December 2018 and BLPK was issued shares in the investment group with an equivalent value of 14.1 million. The subsequent construction work for the property with 117 apartments and 3 commercial spaces was completed in September 2020 with a total investment of 46.5 million.
St-Jakobstrasse 187-189, Basel (BS)