1. No category

Media Release
HIAG Immobilien acquires Swissmetal site in Dornach (SO)
Basel, 8 October 2014 - With the acquisition of the approximately 130'000 m² site, HIAG
Immobilien takes on a development zone that is significant for the greater Basel area.
Streiff AG, which belongs to HIAG Immobilien, has acquired the approximately 130'000 m² site of the
former Swissmetal Industries AG from Weidenareal Metall AG (WAM) in debt restructing liquidation.
The parties have agreed not to disclose the purchase price. The property transfer will take place after
the fulfilment of the legal and contractual closing conditions. The industrial site is located just outside
of Basel within the trans-regional development area of “Birsstadt”. The site is currently being used by
Baoshida Swissmetal AG, among others, under the existing rental agreements. The existing leases
will be continued. “We will soon get in contact with Baoshida, in order to discuss their potential long
term perspective on the site. For us Baoshida represents a potential long term anchor tenant”, Martin
Durchschlag, the CEO of HIAG Immobilien underlines.
Assisted by the commissioned liquidator Dr. Fritz Rothenbühler, the possible transformation of the site
into a mixed use quarter has been studied over the past years in the “Birsbogen” master plan
(www.birsbogen.ch). Based on this and in coordination with the canton, the municipality developed a
partial regional guideline that provides for residential and commercial use in addition to industrial use.
On September 28, 2014, the voters of Dornach adopted the partial regional guideline and thus set the
course for re-zoning. The next step is now the elaboration of a design plan, which will define the future
use of the site.
“The partial regional guideline provides for the creation of efficient infrastructures, which will allow for a
high-quality mix of residential and work space. The unique location as well as the dynamic
environment in the economic area of Basel create excellent conditions for the development of the
site”, explains Michele Muccioli, HIAG Immobilien site developer.
Contact
Martin Durchschlag
Chief Executive Officer
T +41 61 606 55 28
[email protected]
HIAG Immobilien Holding AG
Aeschenplatz 7
4052 Basel
T +41 61 606 55 00
[email protected]
www.hiag.com
Laurent Spindler
Chief Financial Officer
T +41 61 606 55 23
[email protected]
About HIAG Immobilien
HIAG Immobilien is a leading Swiss property owner, manager and redeveloper of former industrial
sites in attractive locations. Its real estate portfolio is broadly diversified both geographically as well as
in terms of property usage. HIAG Immobilien owns 38 sites with a total surface area of 2.4 million m².
The group generates an annualised property income of approximately CHF 50 million and currently
pursues 46 short-, mid- and long term redevelopment projects. As a long-term landlord HIAG
Immobilien aims at sustainable development of new quarters and grows its portfolio on a continuous
basis.
2/2