Projects under construction

Construction projects comprise an investment volume (including share of land) of roughly CHF 760 million. Overall, six projects are under construction in 2020. The most significant investments are being carried out in the large-scale Espace Tourbillon building complex in Plan-les-Ouates. Two buildings of the five structures to be erected were already sold shortly after the construction start date in the second half-year 2017. Another two buildungs are in the process of being sold, thereof one in condominium ownership. Projects under construction exhibit an average net yield that exceeds the current portfolio mean.