Development real estate
Development real estate as at 31 December 2012
Location | Property | Acquisition/ | Area of | Register of | Book value | Estimated | Project status | Expected |
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Development reserves |
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Basel | Kirschblütenweg | 2011 | 3 949 | no | 6.3 [2] | 15.0 | building application | open |
Bassersdorf | Grindelstrasse | 2008 | 6 000 | no | 3.7 [2] | 15.0 | in planning | open |
Bülach | Fangleten/Solistrasse | 2011 | 55 318 | yes | 1.8 [3] | 270.0 | in planning | open |
Mettmenstetten | Pfruendmatt | 2012 | 6 989 | no | 10.3 [2] | 34.0 | in planning | open |
Rümlang | Airport Business Park | 1987 | 30 277 | no | 15.3 [2] | 100.0 | building permit | open |
Steinen | Schwyzerstrasse | 2012 | 3 100 | no | 4.0 [2] | 15.0 | in planning | open |
Volketswil | Guntenbachstrasse | 2008 | 5 330 | no | 3.6 [2] | 25.0 | in planning | open |
Zurich | 2011 | 20 045 | no | 97.2 [2] | 230.0 | building application | open | |
Zurich | Hardstrasse | 2012 | – | yes | 0.5 [4] | 12.0 | in planning | open |
Zurich | Nelkenstrasse | 2010 | 486 | no | 3.3 [2] | 6.0 | building application | open |
Zurich | Schiffbaustrasse | 2010 | 1 610 | yes | 3.4 [2] | 17.0 | building application | open |
Total development reserves |
| 133 104 |
| 149.4 | 739.0 |
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Buildings under construction |
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Birmenstorf | 2007 | 16 122 | no | 18.5 | 44.0 | under completion | 2013 | |
Bülach | 2011 | 11 847 | no | 24.8 | 60.0 | under completion | 2014 | |
Erlenbach | Lerchenbergstrasse | 2009 | 13 614 | no | 57.7 | 92.0 | under completion | 2014 |
Kilchberg | Stockenstrasse | 2011 | 1 496 | no | 9.2 | 13.0 | under completion | 2013 |
Mönchaltorf | 2010 | 14 382 | no | 18.5 | 44.0 | under completion | 2014 | |
Opfikon | 2007 | 5 167 | no | 19.9 | 68.0 | under completion | 2014 | |
Wallisellen | 2002 | 8 394 | no | 56.0 | 93.0 | under completion | 2013 | |
Wallisellen | 2002 | 19 373 | no | 87.7 | 130.0 | under completion | 2013 | |
Wallisellen | 2002 | 10 639 | no | 65.1 | 177.0 | under completion | 2014 | |
Wallisellen | 2002 | 9 409 | no | 28.4 | 69.0 | under completion | 2014 | |
Zurich | 2010 | 4 027 | no | 10.5 | 50.0 | under completion | 2014 | |
Total buildings under construction |
| 114 470 |
| 396.3 | 840.0 |
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Au-Wädenswil | 2012 [5] |
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| 11.6 |
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Meilen | 2012 [5] |
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| 37.5 |
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Total completed real estate |
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| 49.1 |
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Total development real estate |
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| 594.8 | 1 579.0 |
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[1]Land and building costs
[2]Book value includes acquisition costs for the land 100% owned by Allreal and accrued projects costs of third parties
[3]Book value includes acquisition costs for the land 100% owned by Allreal and accrued projects costs of third parties
(transfer of ownership for land pending)
[4]Project development costs for vertical extension (MAN) on Escher-Wyss site
[5]Completion
For additional information on the development properties and individual projects, see pages 18 to 22 of the Annual Report.