Commercial real estate
Commercial real estate as at 30 June 2018
Location | Address | Ownership | Year | Year of | Reno- | Area of | Register of | Minergie | Floor | Percen- | Percen- | Percen- | Percen- | Target | Vacancy | Discount/ | ||||||||||||||||
Citiy of Zurich | ||||||||||||||||||||||||||||||||
Zurich | SO | 2005 | 1995 | 9 254 | no | no | 18 642 | 90.8 | 0.0 | 0.0 | 9.2 | 7.0 | 0.0 | 4.20/3.70 | ||||||||||||||||||
Zurich | SO | 2004 | 1986 | 2017 TR | 2 316 | no | no | 3 078 | 94.7 | 0.0 | 0.0 | 5.3 | 1.5 | 0.0 | 4.10/3.60 | |||||||||||||||||
Zurich | SO | 2004 | 1974 | 2009/2010 PR | 10 494 | no | no | 11 950 | 73.6 | 0.0 | 0.0 | 26.4 | 5.6 | 0.1 | 4.10/3.60 | |||||||||||||||||
Zurich | SO | 2005 | 2001 | 11 712 | no | no | 26 139 | 7.8 | 54.6 | 32.7 | 4.9 | 6.9 | 2.4 | 4.30/3.80 | ||||||||||||||||||
Zurich | SO | 2000 | 1983 | 2007/2008 TR | 1 254 | no | no | 4 743 | 74.5 | 3.0 | 10.5 | 12.0 | 1.4 | 3.9 | 4.30/3.80 | |||||||||||||||||
Zurich | SO | 2001 | 1992 | 2013 PR | 1 402 | no | no | 4 856 | 33.8 | 0.0 | 19.3 | 46.9 | 1.9 | 9.7 | 4.30/3.80 | |||||||||||||||||
Zurich | SO | 2007 | 1977/2014 | 24 477 | no | yes | 87 004 | 87.2 | 0.0 | 12.8 | 0.0 | 20.9 | 0.6 | 4.20/3.80 | ||||||||||||||||||
Zurich | SO | 2002 | 1925 | 2006/2007 PR | 7 870 | yes | no | 12 847 | 16.5 | 7.6 | 32.8 | 43.1 | 2.2 | 3.3 | 4.00/3.50 | |||||||||||||||||
Zurich | SO | 2002 | 1945/2010 | 40 350 | yes | no | 50 432 | 32.3 | 0.0 | 0.0 | 67.7 | 10.0 | 1.2 | –/– | ||||||||||||||||||
Zurich | 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 | ||||||||||||||||||
Zurich | SO | 2001 | 1986 | 2006/2012 TR | 2 894 | no | no | 10 190 | 91.0 | 0.0 | 0.0 | 9.0 | 4.1 | 0.2 | 4.40/3.90 | |||||||||||||||||
Zurich | SO | 2000 | 1976 | 2014/2015 GR | 3 101 | no | no | 6 244 | 45.8 | 0.0 | 6.0 | 48.2 | 1.6 | 0.0 | 4.70/4.20 | |||||||||||||||||
Zurich | LO | 2004 | 2006 | 3 333 | no | no | 1 628 | 95.7 | 0.0 | 0.0 | 4.3 | 1.0 | 0.0 | 4.00/3.50 | ||||||||||||||||||
Zurich | SO | 1999 | 1966 | 2001 PR | 1 389 | no | no | 1 729 | 77.1 | 0.0 | 0.0 | 22.9 | 0.5 | 0.0 | 4.50/4.00 | |||||||||||||||||
Zurich | SO | 2002 | 2017 | 9 338 | yes | yes | 13 141 | 81.5 | 5.7 | 0.0 | 12.8 | 4.8 | 0.0 | 4.20/3.70 | ||||||||||||||||||
Zurich | SO | 2002 | 2005 | 12 295 | no | yes | 36 311 | 95.1 | 0.0 | 0.0 | 4.9 | 11.4 | 0.0 | 4.30/3.80 | ||||||||||||||||||
Zurich | SO | 1996 | 1995 | 1 482 | no | no | 3 277 | 33.5 | 0.0 | 55.3 | 11.2 | 0.8 | 0.6 | 4.10/3.60 | ||||||||||||||||||
Zurich | SO | 2008 | 1984 | 2007 PR | 3 371 | no | no | 2 777 | 81.7 | 0.0 | 0.0 | 18.3 | 1.1 | 0.0 | 4.40/3.90 | |||||||||||||||||
Zurich | SO | 1993/2006 | 1997 | 2017 PR | 4 201 | no | no | 10 703 | 56.9 | 3.3 | 29.8 | 9.9 | 4.2 | 0.6 | 4.20/3.70 | |||||||||||||||||
Total Citiy of Zurich | 154 560 | 316 947 | 66.9 | 5.2 | 9.3 | 18.6 | 90.5 | 0.9 |
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 2018
4 As per 30.06.2018 valuation (nominal rates)
5 The new-build in the inner courtyard and the replacement new-build at Badenerstrasse 131 are reported as investment real estate under construction
6 The new-build at Hardstrasse 301 is reported as investment real estate under construction
Commercial real estate as at 30 June 2018
Location | Address | Ownership | Year | Year of | Reno-
| Area of property | Register of | Minergie | Floor | Percen- | Percen- | Percen- | Percen- tage of uses | Target rental in CHF million | Vacancy | Discount/ in %4 | ||||||||||||||||
Rest of Canton Zurich | ||||||||||||||||||||||||||||||||
Adliswil | SO | 2017 | 1989/90 | 2016 TR | 24 834 | no | no | 38 933 | 77.4 | 5.6 | 1.6 | 15.3 | 8.0 | 0.0 | 4.00/3.50 | |||||||||||||||||
Dübendorf | SO | 2015 | 1974 | 2006 TR | 16 621 | no | no | 26 006 | 25.9 | 1.5 | 0.5 | 72.1 | 2.5 | 0.0 | 4.90/4.40 | |||||||||||||||||
Glattbrugg | SO | 1997 | 1969 | 1995 TR | 4 086 | no | no | 7 417 | 9.0 | 74.7 | 0.0 | 16.3 | 1.7 | 19.0 | 5.40/4.90 | |||||||||||||||||
Kloten | SO | 2001 | 1992 | 4 000 | no | no | 4 343 | 97.5 | 0.0 | 0.0 | 2.5 | 1.0 | 1.7 | 4.90/4.40 | ||||||||||||||||||
Opfikon | SO | 2007 | 2014 | 5 167 | no | yes | 13 414 | 93.2 | 0.0 | 0.0 | 6.8 | 3.8 | 0.8 | 4.80/4.30 | ||||||||||||||||||
Opfikon | SO | 1987 | 2007 | 5 241 | no | yes | 13 314 | 90.8 | 0.0 | 0.0 | 9.2 | 4.8 | 0.0 | 4.82/4.32 | ||||||||||||||||||
Schlieren | SO | 2003 | 2003 | 7 089 | no | no | 10 193 | 88.2 | 0.0 | 0.0 | 11.8 | 2.1 | 0.7 | 4.80/4.30 | ||||||||||||||||||
Schlieren | SO | 2002 | 1988 | 2012 GR | 4 724 | no | no | 2 705 | 35.5 | 43.1 | 0.0 | 21.4 | 0.9 | 0.0 | 5.20/4.70 | |||||||||||||||||
Urdorf | SO | 2000 | 1993 | 4 667 | yes | no | 9 456 | 74.1 | 0.0 | 0.0 | 25.9 | 1.6 | 39.9 | 5.70/5.20 | ||||||||||||||||||
Wallisellen | SO | 2002 | 2013 | 13 078 | no | yes | 50 819 | 74.7 | 12.9 | 0.0 | 12.4 | 12.9 | 0.7 | 4.70/4.20 | ||||||||||||||||||
Wallisellen | SO | 2002 | 2014 | 16 875 | no | yes | 25 525 | 77.8 | 16.2 | 0.0 | 6.0 | 9.5 | 4.5 | 4.70/4.20 | ||||||||||||||||||
Winterthur | SO | 2002 | 1928/53/86 | 2016/2017 TR | 18 386 | no | no | 24 319 | 82.1 | 0.0 | 0.0 | 17.9 | 5.3 | 2.3 | 4.78/4.28 | |||||||||||||||||
Total rest of Canton Zurich | 124 768 | 226 444 | 71.0 | 8.9 | 0.4 | 19.7 | 54.1 | 3.0 | ||||||||||||||||||||||||
Other regions | ||||||||||||||||||||||||||||||||
Baar | SO | 2002 | 1981 | 17 960 | no | no | 10 112 | 76.4 | 0.0 | 0.0 | 23.6 | 2.6 | 22.1 | 4.50/4.00 | ||||||||||||||||||
Basel | SO | 1999 | 1972 | 2014 GR | 1 811 | no | no | 3 985 | 81.8 | 0.0 | 8.0 | 10.2 | 1.2 | 0.2 | 4.60/4.10 | |||||||||||||||||
Basel | SO | 2007 | 1972 | 2014 GR | 1 658 | no | no | 2 829 | 71.9 | 0.0 | 3.4 | 24.7 | 0.6 | 0.7 | 4.60/4.10 | |||||||||||||||||
Basel | SO | 1999 | 1982 | 2012/2013 TR | 718 | no | no | 4 292 | 37.5 | 27.8 | 30.3 | 4.4 | 1.5 | 2.8 | 4.50/4.00 | |||||||||||||||||
Basel | SO | 2009 | 1998 | 5 454 | no | no | 20 213 | 61.8 | 20.2 | 0.0 | 18.0 | 5.3 | 1.2 | 4.40/3.90 | ||||||||||||||||||
Le Grand-Saconnex | SO | 2011 | 2004 | 8 442 | no | no | 5 498 | 92.8 | 0.0 | 0.0 | 7.2 | 3.1 | 5.7 | 4.60/4.10 | ||||||||||||||||||
Nyon | SO | 2017 | 2006 | 6 451 | no | no | 15 172 | 77.6 | 10.1 | 0.0 | 12.3 | 4.5 | 0.0 | 4.20/3.70 | ||||||||||||||||||
Petit-Lancy | SO | 2008 | 2010 | 1 417 | yes | yes | 5 516 | 91.8 | 0.0 | 0.0 | 8.2 | 2.3 | 0.0 | 4.40/3.90 | ||||||||||||||||||
Total rest of Canton Zurich | 43 911 | 67 617 | 72.6 | 10.1 | 2.5 | 14.8 | 21.0 | 4.1 | ||||||||||||||||||||||||
Total commercial real estate | 323 239 | 611 008 | 69.0 | 7.1 | 5.3 | 18.6 | 165.7 | 2.0 |
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 2018
4 As per 30.06.2018 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