Media Release
Streiff AG, which belongs to HIAG Immobilien, has acquired the approximately 130'000 m² site of the former Swissmetal Industries AG from Weidenareal Metall AG (WAM) in debt restructing liquidation. The parties have agreed not to disclose the purchase price. The property transfer will take place after the fulfilment of the legal and contractual closing conditions. The industrial site is located just outside of Basel within the trans-regional development area of “Birsstadt”. The site is currently being used by Baoshida Swissmetal AG, among others, under the existing rental agreements. The existing leases will be continued. “We will soon get in contact with Baoshida, in order to discuss their potential long term perspective on the site. For us Baoshida represents a potential long term anchor tenant”, Martin Durchschlag, the CEO of HIAG Immobilien underlines.
Assisted by the commissioned liquidator Dr. Fritz Rothenbühler, the possible transformation of the site into a mixed use quarter has been studied over the past years in the “Birsbogen” master plan (www.birsbogen.ch). Based on this and in coordination with the canton, the municipality developed a partial regional guideline that provides for residential and commercial use in addition to industrial use. On September 28, 2014, the voters of Dornach adopted the partial regional guideline and thus set the course for re-zoning. The next step is now the elaboration of a design plan, which will define the future use of the site.
“The partial regional guideline provides for the creation of efficient infrastructures, which will allow for a high-quality mix of residential and work space. The unique location as well as the dynamic environment in the economic area of Basel create excellent conditions for the development of the site”, explains Michele Muccioli, HIAG Immobilien site developer.
Contact
Martin Durchschlag Chief Executive Officer T +41 61 606 55 28 martin.durchschlag@hiag.com | Laurent Spindler Chief Financial Officer T +41 61 606 55 23 laurent.spindler@hiag.com |
HIAG Immobilien Holding AG
Aeschenplatz 7
4052 Basel
T +41 61 606 55 00
investor.relations@hiag.com