SF Sustainable Property Fund buys in Dietlikon

Swiss Finance & Property Funds has acquired the Piatti site in Dietlikon for the SF Sustainable Property real estate fund.

The SF Sustainable Property Fund expands its portfolio (Image: pressmaster - depositphotos)

The former Piatti site in Dietlikon (ZH) has a total area of almost 22,000 sqm. It has a high conversion potential for residential buildings, says Swiss Finance & Property Funds. Until further notice, SF Sustainable Property Funds will continue to manage the commercial site in its current form, and all existing leases have been taken over. The seller of the property was Arbonia; no information was provided on the purchase price.

The SF Sustainable Property Fund invests in real estate and projects throughout Switzerland, with a focus on residential properties. Even after the acquisition of the Piatti site, which is currently used for commercial purposes, the fund's residential quota remains well above 90 percent, the fund management emphasizes. (ah)

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