Information on the real estate portfolio

Commercial real estate as at 31 December 2014

Location

Address

Ownership status [1]

Year
acquired

Year of
construction

Renovation [2]

Area of
property
in m2

Register of
suspected contam-
inated sites

Minergie

Floor space
in m2

Percen-
tage of office space

Percen-
tage of
retail space

Percen-
tage of
residential space

Percen-
tage of
other uses

Target rental
income in CHF
million for 2014

Vacancy rate in % [3]

Discount/
capita-
lisation
rate in
% [4]

 

City of Zurich

Zurich

Badenerstrasse 141

LO

2002

1968

2002 PR

713

yes

no

2 600

85.1

0.0

0.0

14.9

1.0

0.0

4.80/4.80

Zurich

Bändliweg 21

SO

2005

1995

9 254

no

no

18 642

90.8

0.0

0.0

9.2

7.0

0.0

4.80/4.80

Zurich

Bellerivestrasse 30

SO

2004

1986

2 316

no

no

3 078

94.7

0.0

0.0

5.3

1.4

17.4

4.80/4.80

Zurich

Bellerivestrasse 36

SO

2004

1974

2009/2010 PR

10 494

no

no

11 950

73.6

0.0

0.0

26.4

5.6

0.1

4.60/4.60

Zurich

Binzmühlestrasse 95–99,
Therese Giehse-Strasse 1

SO

2005

2001

11 712

no

no

26 139

7.8

54.6

32.7

4.9

7.1

1.6

4.70/4.70

Zurich

Birmensdorferstrasse 108/
Weststrasse 75

SO

2000

1983

2007/2008 TR

1 254

no

no

4 743

74.5

3.0

10.5

12.0

1.4

47.8

4.90/4.90

Zurich

Brandschenkestrasse 38/40

SO

2001

1992

2013 PR

1 402

no

no

4 856

33.8

0.0

19.3

46.9

2.3

26.4

4.80/4.80

Zurich

Eggbühlstrasse 21–25

SO

2008/2010

1993

2005 PR

6 221

no

no

20 175

61.6

0.0

0.0

38.4

4.7

50.0

5.10/5.10

Zurich

Förrlibuckstrasse 109 (Toni site)

SO

2007

1977/2014

24 477

yes

yes

87 004

87.2

0.0

12.8

0.0

11.1

10.5

4.40/4.40

Zurich

Grüngasse 27–31/ Badenerstrasse 119–133

SO

2002

1925

2006/2007PR

7 870

yes

no

12 847

16.5

7.6

32.8

43.1

3.1

2.5

4.99/4.99

Zurich

Hardstrasse 319 (Escher-Wyss site) [5]

SO

2002

1945/2010

60 867

yes

no

55 624

28.2

0.0

0.0

71.8

10.0

0.7

–/–

Zurich

Herostrasse 12 [6]

SO

2010

2014

4 027

no

yes

11 256

95.8

0.0

0.0

4.2

–

–

4.80/4.80

Zurich

Hohlstrasse 600

SO

2001

1986

2006/2012 TR

2 894

no

no

10 190

91.0

0.0

0.0

9.0

4.3

0.1

4.80/4.80

Zurich

Kalchbühlstrasse 22/24

SO

2000

1976

2014 TR

3 101

no

no

6 244

45.8

0.0

6.0

48.2

1.6

0.0

5.10/5.10

Zurich

Kreuzstrasse 5

LO

2004

2006

3 333

no

no

1 628

95.7

0.0

0.0

4.3

1.0

0.0

4.40/4.40

Zurich

Lagerstrasse 41+45

SO

2001

1954

2005 TR

1 909

no

no

5 279

75.4

0.0

0.0

24.6

2.7

0.0

4.50/4.50

Zurich

Max Högger-Strasse 2

SO

2003

1975

2012 PR

2 131

no

no

6 967

83.2

0.0

0.0

16.8

1.5

20.9

5.50/5.50

Zurich

Renggerstrasse 3

SO

1999

1966

2001 PR

1 389

no

no

1 729

77.1

0.0

0.0

22.9

0.5

0.0

4.90/4.90

Zurich

Vulkanstrasse 106

SO

2002

2005

12 295

no

yes

36 311

95.1

0.0

0.0

4.9

10.9

9.4

4.80/4.80

Zurich

Weststrasse 74

SO

1996

1995

1 482

no

no

3 277

33.5

0.0

55.3

11.2

0.9

17.2

5.00/5.00

Zurich

Zollikerstrasse 183

SO

2008

1984

2007 PR

3 371

no

no

2 777

81.7

0.0

0.0

18.3

1.3

0.0

4.90/4.90

Zurich

Zollstrasse/Josefstrasse 23–29/Klingenstrasse 4

SO

1993/2006

1997

4 201

no

no

10 703

56.9

3.3

29.8

9.9

4.1

0.1

4.60/4.60

Total city of Zurich

176 713

344 019

65.4

4.6

8.6

21.4

83.5

8.2

[1]SO = sole ownership; LO = leasehold owned 100% by Allreal

[2]TR = total renovation; PR = part renovation

[3]Cumulative vacancy rate as a percentage of target rental income for 2014

[4]As per 31.12.14 valuation (nominal rates)

[5]Valuation as at 31.12.2014 according to IFRS 13

[6]Rental income from 2015

Location

Address

Ownership status [1]

Year
acquired

Year of
construction

Renovation [2]

Area of
property
in m2

Register of
suspected contam-
inated sites

Minergie

Floor space
in m2

Percen-
tage of
office space

Percen-
tage of
retail space

Percen-
tage of
residential space

Percen-
tage of
other uses

Target rental
income
in CHF
million
for 2014

Vacancy
rate
in % [3]

Discount/
capital-
isation
rate in
% [4]

 

Rest of canton Zurich

Bassersdorf

Grindelstrasse 3/5

SO

2008

1988

2001 PR

6 004

no

no

12 586

55.9

0.0

0.0

44.1

1.9

7.3

5.70/5.70

Dietlikon

Alte Dübendorferstrasse 17

SO

2006

2006

2 464

no

no

2 730

0.0

75.8

0.0

24.2

1.2

0.0

5.20/5.20

Glattbrugg

Thurgauerstrasse 111

SO

1997

1969

1995 PR

4 086

no

no

7 417

9.0

74.7

0.0

16.3

2.0

29.7

5.50/5.50

Kloten

Schaffhauserstrasse 115/121

SO

2001

1992

4 000

no

no

4 343

97.5

0.0

0.0

2.5

1.1

11.0

5.30/5.30

Opfikon

Lilienthal-Boulevard 2/6/
Voisinstrasse 3 [5]

SO

2007

2014

5 167

no

yes

13 414

93.2

0.0

0.0

6.8

–

–

5.20/5.20

Opfikon

Lindbergh-Allee 1 [6]

SO

1987

2007

5 241

no

yes

13 314

90.8

0.0

0.0

9.2

4.5

0.0

4.80/4.80

Schlieren

Bernstrasse 55

SO

2003

2003

7 089

no

no

10 193

88.2

0.0

0.0

11.8

2.5

9.6

5.30/5.30

Schlieren

Zürcherstrasse 104

SO

2002

1988

2012 TR

4 724

no

no

2 705

35.5

43.1

0.0

21.4

1.0

14.1

5.50/5.50

Urdorf

In der Luberzen 29

SO

2000

1993

4 667

yes

no

9 456

74.1

0.0

0.0

25.9

2.1

62.6

5.80/5.80

Wallisellen

Allianz office building [7]

SO

2002

2013

13 078

no

yes

50 819

74.7

12.9

0.0

12.4

13.6

1.4

4.90/4.90

Wallisellen

UPC Cablecom office building [8]

SO

2002

2014

16 875

no

yes

25 525

–

–

–

–

2.5

–

5.00/5.00

Winterthur

Schützenstrasse 2/
Zürcherstrasse 12+14 [9]

SO

2002

1928/53/86

18 386

no

no

24 319

82.1

0.0

0.0

17.9

5.6

22.1

5.40/5.40

Total rest of canton Zurich

91 781

176 821

74.1

11.0

0.0

14.8

38.0

10.6

 

Other regions

Baar

Baarermatte

SO

2002

1981

17 960

no

no

10 112

76.4

0.0

0.0

23.6

2.7

0.1

5.30/5.30

Baar

Oberdorfstrasse 9–13

SO

2000

1989

2013/2014 PR

5 204

no

no

6 572

59.7

17.0

10.6

12.8

1.7

12.0

5.20/5.20

Basel

Missionsstrasse 60–62a

SO

1999

1972

2014 TR

1 811

no

no

3 985

81.8

0.0

8.0

10.2

1.2

1.0

5.00/5.00

Basel

Missionsstrasse 64-64a

SO

2007

1972

2014 TR

1 658

no

no

2 829

71.9

0.0

3.4

24.7

0.6

1.0

5.00/5.00

Basel

Steinenvorstadt 36

SO

1999

1982

2012/2013 PR

718

no

no

4 292

37.5

27.8

30.3

4.4

1.5

1.4

4.80/4.80

Basel

Viaduktstrasse 40–44/
Binningerstrasse 35

SO

2009

1998

5 454

no

no

20 213

61.8

20.2

0.0

18.0

5.5

1.0

4.90/4.90

Le Grand-Saconnex

Route François-Peyrot 10–14

SO

2011

2004

8 442

no

no

5 498

92.8

0.0

0.0

7.2

3.6

1.8

4.70/4.70

Petit-Lancy

Chemin des Olliquettes 4/
Chemin du Gué 99

SO

2008

2010

1 417

yes

yes

5 516

91.8

0.0

0.0

8.2

2.3

0.0

4.70/4.70

Total other regions

42 664

59 017

69.8

10.8

4.1

15.3

19.1

1.9

 

Total commercial real estate

311 158

579 857

68.5

7.2

5.5

18.8

140.6

7.8

[1]SO = sole ownership

[2]TR = total renovation; PR = part renovation

[3]Cumulative vacancy rate as a percentage of target rental income for 2014

[4]As per 31.12.14 valuation (nominal rates)

[5]Rental income from 2015

[6]Lightcube office building and co-ownership rights to the TMC Galleria car park

[7]Allianz office building with retail space in Konradhof and Escherhof

[8]UPC Cablecom office building with retail space and peripheral plots

[9]Three properties

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