Commercial real estate

Commercial real estate as at 30 June 2017

 

Ownership
status1

 

Year
acquired

 

Year of
con-
struction

 

Reno-
vations2

 

Area of
property
in m2

 

Register
of suspec-
ted conta-
minated
sites

 

Minergie

 

Floor
space
in m2

 

Percent-
age of
office
space

 

Percent-
age of
retail
space

 

Percent-
age of
residen-
tial
space

 

Percent-
age of
other
uses

 

Target
rental
income
in CHF
million
for 2017

 

Vacancy
rate
in %3

 

Discount/
capitali-
sation
rate
in %4

   

SO

 

2005

 

1995

   

9 254

 

no

 

no

 

18 642

 

90.8

 

0.0

 

0.0

 

9.2

 

7.0

 

0.0

 

4.50/4.00

   

SO

 

2004

 

1986

 

2017 TR

 

2 316

 

no

 

no

 

3 078

 

94.7

 

0.0

 

0.0

 

5.3

 

1.4

 

0.0

 

4.30/3.80

   

SO

 

2004

 

1974

 

2009/2010 PR

 

10 494

 

no

 

no

 

11 950

 

73.6

 

0.0

 

0.0

 

26.4

 

5.6

 

0.1

 

4.30/3.80

   

SO

 

2005

 

2001

   

11 712

 

no

 

no

 

26 139

 

7.8

 

54.6

 

32.7

 

4.9

 

7.0

 

3.4

 

4.40/3.90

   

SO

 

2000

 

1983

 

2007/2008 TR

 

1 254

 

no

 

no

 

4 743

 

74.5

 

3.0

 

10.5

 

12.0

 

1.4

 

0.5

 

4.40/3.90

   

SO

 

2001

 

1992

 

2013 PR

 

1 402

 

no

 

no

 

4 856

 

33.8

 

0.0

 

19.3

 

46.9

 

1.9

 

8.7

 

4.30/3.80

   

SO

 

2007

 

1977/2014

   

24 477

 

yes

 

yes

 

87 004

 

87.2

 

0.0

 

12.8

 

0.0

 

20.7

 

2.0

 

4.20/3.80

   

SO

 

2002

 

1925

 

2006/2007 PR

 

7 870

 

yes

 

no

 

12 847

 

16.5

 

7.6

 

32.8

 

43.1

 

3.2

 

3.0

 

4.14/3.64

   

SO

 

2002

 

1945/2010

   

40 350

 

yes

 

no

 

50 432

 

32.3

 

0.0

 

0.0

 

67.7

 

10.4

 

0.6

 

–/–

   

SO

 

2010

 

2014

   

4 027

 

no

 

yes

 

11 256

 

95.8

 

0.0

 

0.0

 

4.2

 

3.6

 

0.0

 

4.50/4.00

   

SO

 

2001

 

1986

 

2006/2012 TR

 

2 894

 

no

 

no

 

10 190

 

91.0

 

0.0

 

0.0

 

9.0

 

4.3

 

0.0

 

4.50/4.00

   

SO

 

2000

 

1976

 

2014/2015 TR

 

3 101

 

no

 

no

 

6 244

 

45.8

 

0.0

 

6.0

 

48.2

 

1.5

 

0.0

 

4.70/4.20

   

LO

 

2004

 

2006

   

3 333

 

no

 

no

 

1 628

 

95.7

 

0.0

 

0.0

 

4.3

 

1.0

 

0.0

 

4.20/3.70

   

SO

 

1999

 

1966

 

2001 PR

 

1 389

 

no

 

no

 

1 729

 

77.1

 

0.0

 

0.0

 

22.9

 

0.5

 

0.0

 

4.60/4.10

   

SO

 

2002

 

2005

   

12 295

 

no

 

yes

 

36 311

 

95.1

 

0.0

 

0.0

 

4.9

 

11.3

 

0.0

 

4.60/4.10

   

SO

 

1996

 

1995

   

1 482

 

no

 

no

 

3 277

 

33.5

 

0.0

 

55.3

 

11.2

 

0.8

 

1.9

 

4.20/3.70

   

SO

 

2008

 

1984

 

2007 PR

 

3 371

 

no

 

no

 

2 777

 

81.7

 

0.0

 

0.0

 

18.3

 

1.2

 

0.0

 

4.50/4.00

   

SO

 

1993/2006

 

1997

 

2017 PR

 

4 201

 

no

 

no

 

10 703

 

56.9

 

3.4

 

29.8

 

9.9

 

4.2

 

5.4

 

4.20/3.70

         

145 222

     

303 806

 

66.2

 

5.2

 

9.7

 

18.9

 

87.0

 

1.4

  

1 SO = sole ownership; LO = leasehold owned 100% by Allreal

2 TR = total renovation; PR = partial renovation

3 Cumulative vacancy rate as a percentage of target rental income for the first half-year 2017

4 As per 30.06.2017 valuation (nominal rates)

5 Valuation as at 30.06.2017 according to IFRS 13

Commercial real estate as at 30 June 2017

 

Ownership
status1

 

Year
acquired

 

Year of
con-
struction

 

Reno-
vations2

 

Area of
property
in m2

 

Register
of suspec-
ted conta-
minated
sites

 

Minergie

 

Floor
space
in m2

 

Percentage of
office space

 

Percent-
age of
retail
space

 

Percent-
age of
residen-
tial
space

 

Percent-
age of
other
uses

 

Target
rental
income
in CHF
million
for 2017

 

Vacancy
rate
in %3

 

Discount/
capitali-
sation
rate
in %4

                              
   

SO

 

2015

 

1974

 

2006 PR

 

16 621

 

no

 

no

 

26 006

 

25.9

 

1.5

 

0.5

 

72.1

 

2.5

 

0.0

 

4.90/4.40

   

SO

 

1997

 

1969

 

1995 PR

 

4 086

 

no

 

no

 

7 417

 

9.0

 

74.7

 

0.0

 

16.3

 

1.8

 

19.6

 

5.40/4.90

   

SO

 

2001

 

1992

   

4 000

 

no

 

no

 

4 343

 

97.5

 

0.0

 

0.0

 

2.5

 

1.0

 

1.2

 

5.00/4.50

   

SO

 

2007

 

2014

   

5 167

 

no

 

yes

 

13 414

 

93.2

 

0.0

 

0.0

 

6.8

 

3.9

 

4.2

 

4.80/4.30

   

SO

 

1987

 

2007

   

5 241

 

no

 

yes

 

13 314

 

90.8

 

0.0

 

0.0

 

9.2

 

4.4

 

0.0

 

4.81/4.31

   

SO

 

2003

 

2003

   

7 089

 

no

 

no

 

10 193

 

88.2

 

0.0

 

0.0

 

11.8

 

2.1

 

2.2

 

4.80/4.30

   

SO

 

2002

 

1988

 

2012 TR

 

4 724

 

no

 

no

 

2 705

 

35.5

 

43.1

 

0.0

 

21.4

 

0.9

 

0.0

 

5.20/4.70

   

SO

 

2000

 

1993

   

4 667

 

yes

 

no

 

9 456

 

74.1

 

0.0

 

0.0

 

25.9

 

1.6

 

44.4

 

5.90/5.40

   

SO

 

2002

 

2013

   

13 078

 

no

 

yes

 

50 819

 

74.7

 

12.9

 

0.0

 

12.4

 

13.1

 

1.5

 

4.70/4.20

   

SO

 

2002

 

2014

   

16 875

 

no

 

yes

 

25 525

 

77.8

 

16.2

 

0.0

 

6.0

 

9.5

 

5.6

 

4.70/4.20

   

SO

 

2002

 

1928/53/86

 

2016/2017 PR

 

18 386

 

no

 

no

 

24 319

 

82.1

 

0.0

 

0.0

 

17.9

 

5.3

 

9.6

 

4.78/4.28

         

99 934

     

187 511

 

69.7

 

9.5

 

0.1

 

20.6

 

46.1

 

5.3

  
                              
   

SO

 

2002

 

1981

   

17 960

 

no

 

no

 

10 112

 

76.4

 

0.0

 

0.0

 

23.6

 

2.7

 

18.9

 

4.70/4.20

   

SO

 

1999

 

1972

 

2014 TR

 

1 811

 

no

 

no

 

3 985

 

81.8

 

0.0

 

8.0

 

10.2

 

1.2

 

0.3

 

4.60/4.10

   

SO

 

2007

 

1972

 

2014 TR

 

1 658

 

no

 

no

 

2 829

 

71.9

 

0.0

 

3.4

 

24.7

 

0.6

 

0.4

 

4.60/4.10

   

SO

 

1999

 

1982

 

2012/2013 PR

 

718

 

no

 

no

 

4 292

 

37.5

 

27.8

 

30.3

 

4.4

 

1.5

 

2.5

 

4.50/4.00

   

SO

 

2009

 

1998

   

5 454

 

no

 

no

 

20 213

 

61.8

 

20.2

 

0.0

 

18.0

 

5.3

 

1.3

 

4.60/4.10

   

SO

 

2011

 

2004

   

8 442

 

no

 

no

 

5 498

 

92.8

 

0.0

 

0.0

 

7.2

 

3.2

 

14.5

 

4.70/4.20

   

SO

 

2008

 

2010

   

1 417

 

yes

 

yes

 

5 516

 

91.8

 

0.0

 

0.0

 

8.2

 

2.2

 

0.0

 

4.50/4.00

         

37 460

     

52 445

 

71.1

 

10.1

 

3.3

 

15.6

 

16.7

 

6.4

  
         

282 616

     

543 762

 

67.9

 

7.1

 

5.8

 

19.2

 

149.8

 

3.2

  

1 SO = sole ownership; LO = leasehold owned 100% by Allreal

2 TR = total renovation; PR = partial renovation

3 Cumulative vacancy rate as a percentage of target rental income for the first half-year 2017

4 As per 30.06.2017 valuation (nominal rates)

5 Lightcube office building and co-ownership rights to the TMC Galleria car park

6 Allianz office building with retail space in Konradhof and Escherhof

7 UPC Switzerland office building with retail space and peripheral plots

8 Three properties