Building permission for the construction of the assembly plant has now been received and, since neither party has exercised its right to withdraw from the rental agreement, construction work will begin this week. The expected investment volume amounts to around CHF 16 million. The completion of the building is scheduled for the end of 2021. The lease has a minimum term of 15 years.
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.
|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|