Allreal Holding AG

12/07/2023 | Press release | Distributed by Public on 12/07/2023 10:40

Foundation stone laid at Haus zum Falken at Stadelhofen railway station

Glattpark, 7 December 2023: On Thursday, the foundation stone for Haus zum Falken was laid directly at Stadelhofen railway station in the City of Zurich. Under the direction of the building owner, AXA Anlagestiftung, guests from politics, business and society were invited.

Under the motto "Looking to the future", Frederick Widl, Head of Real Estate AXA Investment Managers Switzerland, architect Santiago Calatrava and the city councillors Simone Brander and André Odermatt welcomed the guests. During the subsequent laying of the foundation stone, a time capsule with text pieces, drawings and pictures was sunk. It also takes up the motto of the celebrations and establishes a connection between the past, present and future.

Next year, the building will be erected floor by floor from the impressive construction pit. Allreal is implementing the project as a general contractor for the AXA Investment Foundation. The spectacular new building, designed by the renowned architect Santiago Calatrava, offers rental space for offices, businesses and services. In addition, around 800 bicycle parking spaces of the City of Zurich will be available in the basement. When it is completed in the autumn of 2025, the entire station area will be upgraded.

For further information, please contact:

Allreal Group Media Office
Reto Aregger
Chief Communications Officer
Tel. +41 44 319 12 67
Mobile +41 79 325 55 58
E-Mail [email protected]

Allreal Group
Allreal combines a stable-income property portfolio with the activities of a general contractor (development and realisation). The company's property portfolio is worth around CHF 5.1 billion. During the 2022 financial year, the volume of projects completed by the Projects & Development division amounted to CHF 320 million. The property company employs more around 240 members of staff across Zurich, Basel, Bern and Geneva. With its registered office on Glattpark, Allreal operates exclusively in Switzerland. Shares in Allreal Holding AG are listed on the SIX Swiss Exchange.

SOME OF THE STATEMENTS MADE IN THIS PRESS RELEASE MAY RELATE TO THE FUTURE. ANY SUCH STATEMENTS ARE BASED ON ALLREAL'S EXPECTATIONS AND ESTIMATIONS, BUT ALLREAL CANNOT PROVIDE ANY GUARANTEE THAT THOSE EXPECTATIONS OR ESTIMATIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD NOTE THAT ALL STATEMENTS RELATING TO THE FUTURE ARE ASSOCIATED WITH RISK AND UNCERTAINTY. THE ACTUAL FUTURE OUTCOMES MAY DIFFER SIGNIFICANTLY FROM THE ESTIMATIONS AND EXPECTATIONS PRESENTED. UNLESS REQUIRED TO DO SO BY LAW, ALLREAL MAKES NO PROMISE TO UPDATE THESE STATEMENTS ON THE BASIS OF NEW INFORMATION, FUTURE DEVELOPMENTS OR ANYTHING ELSE.