development properties as at 31 december 2019
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Total lettable area (% sqm) |
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Canton |
Place |
Address |
Book value (CHF million) |
Built |
Project description |
Project Status |
Realisation period 2) |
Ownership type 3) |
Ownership % |
Site area (sqm) |
Total (sqm) 4) |
Residential |
Commercial |
Retail |
Other |
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Development properties held for sale |
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VS |
Crans-Montana |
Rue du Prado 19 1) |
1.8 |
2015 |
2 condominiums |
for sale |
- |
C (189/1000) |
50% |
1,317 |
341 |
100% |
- |
- |
- |
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BE |
Saanen |
Gstaadstrasse 6/8 |
21.3 |
2019/2020 |
16 condominiums, 5 shops |
for sale |
- |
C (885/1000) |
100% |
2,347 |
2,357 |
80% |
- |
20% |
- |
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VD |
St.-Sulpice |
Chemin des Chantres 8 |
8.7 |
2019/2020 |
4 condominiums |
under construction |
2020 |
C (1000/1000) |
100% |
3,118 |
812 |
100% |
- |
- |
- |
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VS |
Lens |
Route de Crans 89 |
3.1 |
2019 |
10 condomimiums |
under construction |
2020 |
C ( 543/1000) |
100% |
3,959 |
1,370 |
100% |
- |
- |
- |
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Total |
34.8 |
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Investment properties under construction |
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VS |
Sion |
L'Ile Grély |
8.6 |
- |
Commercial |
under construction |
2020 |
S |
100% |
16,655 |
12,578 |
- |
- |
- |
100% |
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VS |
Lens |
Route des Mélèzes |
0.2 |
- |
Commercial |
in planning |
2021-2022 |
S |
100% |
2,683 |
6,100 |
- |
- |
- |
100% |
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Total |
8.8 |
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1) The Group owns 50% of the subsidiary and has applied JV accounting. Sqm information relates to 100% of the property.
2) Future dates indicate planned completion of the development project.
3) S = Sole ownership / C = Condominium
4) Lettable area sqm numbers relate to 100% of the properties