All goals met
In 2021, HIAG met all goals, bolstered its strong position in the Swiss real estate market and considerably improved the key financial figures. All development projects progressed according to plan and the vacancy rate continued to decrease. In the transaction business, logistics and development properties with commercial uses and long-term leases were acquired. A large portion of non-strategic real estate slated for divestment was able to be sold profitably and more quickly than planned. The placement of a seven-year fixed-rate bond at attractive conditions and the successful capital increase sustainably shored up the company’s core financing. The Board of Directors and Executive Board have been strengthened with the election of a finance specialist and a real estate specialist, and the entry of the new CFO.
Marco Feusi, CEO, and Rico Müller, CFO, in an interview with real estate specialist Beat Seger
Places where people and companies can flourish in the long-term
Interview with Marco Feusi, CEO, about the site in Niederhasli
Sustainability
Key sustainability figures
The emission intensity of the yielding portfolio was 8.5 kg of CO₂e per m² of energy reference area (ERA) in 2021.
HIAG prefers to use public transport for business trips. In 2021, 69% of kilometres travelled were made by public transport.
HIAG and HIAG Solar jointly produced 3.2 GWh of renewable energy from hydroelectric and solar sources in 2021. That is equivalent to the annual consumption of 900 households.
The HIAG portfolio includes 32 hectares of valuable biodiversity areas. That is equivalent to the surface area of 45 football fields.
HIAG invests in team development. In 2021, HIAG employees validated approximately 1,040 training hours of continuing education.
HIAG plans for the future. In 2021, the share of Minergie-certifi ed properties in the yielding portfolio was 13%.
Temporary uses create room for something new
“Wydeneck is a win-win situation. The temporary use allows us to offer tenants attractive properties and to generate cash flow at the same time.”
“Being able to paint the roads at the Wydeneck site with kids and young people is a unique and inspiring project.”
“The old-school garage is great. The customers for our exclusive Porsche conversions appreciate the industrial atmosphere.”
“The particular ambience at the Wydeneck site and the friendly cooperation Among neighbours are unique and perfect for our band, Djin Clyde.”
Temporary uses are a part of HIAG’s site strategy. They allow a site to be gradually opened up and revitalised. The establishment of suitable tenants along with active portfolio and asset management strengthen HIAG’s rental income base. Furthermore, the continuous development of the sites enables value increases in the yielding portfolio. Sites are successfully positioned on the market with structural adaptions and conversions. Current examples include the commercial site in Kleindöttingen, the residential properties in Klingnau and Windisch, and the Wydeneck site in Dornach.
Project pipeline
Projects mid-term
Expected investment volume in CHFm
2022
2023
2024
2025
Commercial, Conversion
Estimated Rental Value in CHFm
1.0
Expected investment volume in CHFm
15.2
Effective area to be developed in m2
7'100
| Expected remaining investment in CHF Mio. | 6.7 |
| Pre-let Ratio | 100% |
| Lease duration in years | 15 |
| Project status | Hand-over 02.22, start rental income 06.22 |
Industrial, New Building
Estimated Rental Value in CHFm
0.6
Expected investment volume in CHFm
8.6
Effective area to be developed in m2
4'600
| Expected remaining investment in CHF Mio. | 6.7 |
| Pre-let Ratio | 100% |
| Lease duration in years | 15 |
| Project status | Hand-over 01.22, rent-free period until 04.23 |
Residential/commercial, New Building
Estimated Rental Value in CHFm
0.4
Expected investment volume in CHFm
10.5
Effective area to be developed in m2
1’600
| Expected remaining investment in CHF Mio. | 6.7 |
| Pre-let Ratio | 100% |
| Lease duration in years | 15 |
| Project status | Hand-over 01.22, rent-free period until 04.23 |
Lease hold
Estimated Rental Value in CHFm
0.5
Expected investment volume in CHFm
3.5
Effective area to be developed in m2
12’800
| Expected remaining investment in CHF Mio. | 6.7 |
| Pre-let Ratio | 100% |
| Lease duration in years | 15 |
| Project status | Hand-over 01.22, rent-free period until 04.23 |
Residential, Conversion
Estimated Rental Value in CHFm
0.9
Expected investment volume in CHFm
22.1
Effective area to be developed in m2
3'300
| Expected remaining investment in CHF Mio. | 6.7 |
| Pre-let Ratio | 100% |
| Lease duration in years | 15 |
| Project status | Hand-over 01.22, rent-free period until 04.23 |
Parking/commercial, New Building
Estimated Rental Value in CHFm
0.4
Expected investment volume in CHFm
5.2
Effective area to be developed in m2
600
| Expected remaining investment in CHF Mio. | 6.7 |
| Pre-let Ratio | 100% |
| Lease duration in years | 15 |
| Project status | Hand-over 01.22, rent-free period until 04.23 |
“We continually increase the quality of the real estate portfolio with specific sales and acquisitions.”
Béatrice Gollong, Head of Transactions and Commercial Spaces Marketing