Crissier: Oassis retirement home completed

The senior residence is part of the Oassis neighborhood with 610 rental apartments, 56 condominiums and 5,500 square meters of commercial space, including shopping for daily needs and local catering with various restaurants.

The 100-apartment retirement community consists of 95 2.5-room apartments (58 square meters of living space) and five 3.5-room apartments (80 square meters of living space). According to Patrimonium, the first apartments were occupied at the end of November. The occupancy rate as of the beginning of March 2021 is 75%.

The entire Oassis residential and commercial development was built on a site in Crissier and is considered one of the largest site developments in western Switzerland; CHF 320 million was invested. The property is owned by Patrimonium Swiss Real Estate Fund, Patrimonium Investment Foundation and a vessel for active investors.

The senior residence with an investment volume of over CHF 50 million was realized with Losinger-Marazzi AG as total contractor. Patrimonium Asset Management AG developed the land since 2012 for a third party, from which the healthcare real estate investment group took over the land with the new construction project in 2017. (tp)