Flawil: Fortimo takes over Habis site

Fortimo Invest acquires the 50,000 sqm Habis industrial site in Flawil (SG).

The Habis site in Flawil (Image: Fortimo Invest AG)

Habis Verwaltungs AG is selling the property in a central location in Flawil as part of a succession plan effective April 1, Habis and Fortimo announced.

The 50,000m² site offers almost 30,000m² of commercial space, which is largely leased. All leases will be taken over by the new owner.

The former Habis Textil AG operated a weaving mill on the site for 138 years. In the mid-1990s, the company's own production was abandoned and the property was transformed into an industrial park with around 70 individual tenants.

Fortimo Invest plans to successively develop and upgrade the business park, the statement continues.

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