UBS Anfos to build in Kloten
The real estate fund UBS Anfos plans to build a development with around 114 residential units in Kloten. At the same time, the fund presents its figures for the 2018/19 financial year.
UBS Anfos wants to build three apartment buildings at Alte Landstrasse 7-19 in Kloten. At the end of October 2019, the building application was submitted, the fund says. Construction is scheduled to start in 2021, and the buildings should be completed in 2023.
According to the information, around 114 1.5- to 4.5-room apartments are to be built in the houses, and a two-story parking garage is also planned. Also planned are a green space with trees, a residential square and a playground, as well as garden seating areas for the ground-floor apartments. The development will generate its heat by means of geothermal probes (heat pump).
UBS Anfos further reports that the value of the real estate portfolio increased by around CHF 97 million to 2.7 billion in fiscal year 2018/2019. Reasons are renovation and new construction projects as well as upgrades in the portfolio. Rental income had risen by 1.8 million year-on-year to 119.1 million. The investment return is put at 6.1%. The net asset value per unit increased by 2.8% to CHF 58.13. (ah)
