Development properties as at 31 DECEMBER 2016
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Total lettable area |
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Canton |
Location |
Address |
Book value (CHF million) |
Built |
Project- description |
Projectstatus 31.12.2016 |
Realisation period 3) |
Ownership 5) |
Site area in sqm |
Total in sqm |
Residential in % |
Commer-cial in % |
Retail in % |
Other in % |
Development properties held for sale |
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VD |
Lausanne |
Les Logis de Prilly 1) |
0.5 |
- |
163 condominiums |
under construction |
2016 – 2018 |
J (1/6) |
15,125 |
11,666 |
100% |
- |
- |
- |
VS |
Lens |
Le Prado 2) |
2.4 |
2015 |
4 condominiums |
for sale |
- |
S (50%) |
1,317 |
658 |
100% |
- |
- |
- |
VS |
Hérémence |
Hérémence 2) |
4.7 |
- |
1 Hotel, 12 Buildings |
under construction |
2016 – 2026 4) |
S (50%) |
25,088 |
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- |
- |
- |
- |
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Investment properties under construction |
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VS |
Sion |
Les Nouveaux Ronquoz |
0.1 |
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Industrial building |
in planning |
2017 |
S |
3,339 |
2,824 |
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100% |
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Undeveloped plots of land |
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BE |
Saanen |
Saanen |
7.3 |
- |
open |
in planning |
open (2019) |
S |
2,346 |
- |
- |
- |
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1) Site area and lettable area for Les Logis de Prilly correspond to 100% of the project.
2) The Group owns 50% of the subsidiary and has applied JV accounting. Sqm information relates to 100% of the property.
3) Future dates indicate planned completion of the development project.
4) According to current planning, the first building may be completed in the course of 2018, while completion of the whole project is planned for 2026.
5) S = Sole ownership/J = Joint ownership