Yesterday Intershop sold part of its land in Winterthur for CHF 12.2 million. The corresponding conditional sale agreement was signed in November 2019. The buyer intends to build and operate a data center on the land.
The buyer was also been granted a purchase right, subject to compensation, to acquire a further approximately 11,500 m² of land within the next five years.
With this transaction and the planned construction of an assembly plant for "Stadler", the previously fallow land has been successfully developed within a short time following completion of the infrastructure works, thus strengthening the industrial location Oberwinterthur-Neuhegi.
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Company portrait
Intershop is a real estate company listed on the SIX Swiss Exchange and active in Switzerland, which invests principally in commercial properties. As per 31/12/2019 its portfolio comprised 54 properties with a lettable area of 566,000 m2 and a market value of some 1.3 billion Swiss francs. Intershop invests mainly in the Zurich area, around Lac Leman and along the main traffic arteries. Its portfolio combines high yields with security, thanks to diversification by geography and type of use, with considerable potential for value appreciation in the properties with development potential.
Agenda
| 08/27/2020 | Publication of half-year report 2020 with online presentation for media and financial analysts |
| 02/03/2021 | Publication of annual report 2020 with media and financial analysts conference |
| 31/03/2021 | Annual General Meeting 2021 |