Swisscanto fund buys in Zurich
The Swisscanto (CH) Real Estate Fund Swiss Commercial has acquired a residential and commercial building at Schaffhauserstrasse 466 in Zurich-Seebach. The total investment cost is CHF 10.55 million, and the gross yield is put at 4.35 percent.
The existing property is located on the exit axis to Glattbrugg and Zurich Airport and is very well connected to public transport: The Seebacherplatz bus and streetcar stop is near the property and both Seebach and Oerlikon train stations can be reached quickly.
The building was largely renovated and extended in 2012. The property includes a retail space on the first floor, small office spaces on the first and second floors and five apartments on the third and fourth floors. The tenant mix is broadly diversified, Swisscanto writes in a statement. (ah)
(Visited 114 times, 1 visits today)
