HIAG Signs a Ten-Year Rental Contract for Floor Space in Meyrin with Hewlett Packard Enterprise
Published: 19. April 2017
Media Release
Basel, 19 April 2017 - The site redeveloper HIAG has signed a rental contract with Hewlett Packard Enterprise (HPE) at “The Hive” site in Meyrin (GE). HPE rents 3‘500 m2 in a building constructed in 1968 that was already located at the site before HIAG began redevelopment. Approximately 40% of the building with about 8‘200 m2 of usable area has been rented. HIAG plans to extensively modernise the existing building fabric and building technology in the autumn of 2017 and invest about CHF 24 million in the transformation of the building. “This way, the building will meet the technical standard for new constructions for IT companies and will thus be well prepared for the future”, explained Yves Perrin, responsible site developer for HIAG. Delivery is planned for the first half of 2019. With the upcoming modernisation, the building will fit in perfectly with the surrounding “The Hive” site, which is already home to the EMEA headquarters of the companies HP Inc. and Hewlett Packard Enterprise along with a campus geared towards IT and high tech companies in a building that was newly created in 2016. Companies and organisations such as the European Organisation for Nuclear Research (CERN), Louis Vuitton, Chopard, Richemont and Fedex can be found in the neighbourhood. The spatial planning concept of “The Hive”, its dynamic environment, the proximity to the Geneva airport and the excellent accessibility by public transport make the site an attractive location for technology companies.
For more information about “The Hive” site, see: www.thehive-gva.ch
Contact
Martin Durchschlag Chief Executive Officer T +41 61 606 55 00 martin.durchschlag@hiag.com | Laurent Spindler Chief Financial Officer T +41 61 606 55 00 laurent.spindler@hiag.com |
HIAG Immobilien Holding AG
Aeschenplatz 7
4052 Basel
T +41 61 606 55 00
investor.relations@hiag.com