HIAG Immobilien Acquires Village 52 SA

Published: 06. September 2016

Media Release

Basel, 6 September 2016 – Village 52 SA owns the former production site of the listed company Leclanché in Yverdon-les-Bains (VD) with a surface area of approximately 19'800 m2 and a usable area of about 17'000 m2. The site consists of eleven buildings that were refurbished following the discontinuation of production, and is being used by a high-quality, diversified tenant base today. Annualised property income amounts to CHF 1.5 million, and 82% of the space floor is currently leased. The site is situated next to the highway A5 connection, close to the centre of Yverdon-les-Bains, and is perfectly accessible by public transport. With its structure and location, the site ideally complements HIAG Immobilien's portfolio, allowing the company to further increase its presence in western Switzerland through this acquisition.

 

 

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

www.hiag.com