Some two-thirds of Swiss buildings were constructed before 1980. Many of these properties are no longer up-to-date in terms of structural integrity, utilization, floor plan and energy use and are therefore in need of renovation. Unexploited room for expansion as well as vacancies resulting from inadequate responses to changing needs harm the performance of individual properties or entire sites. This raises the question of what the optimal re-development strategy should be: What is the future target group? How should the property or site be positioned? Which construction measures are required: modernizing, complete refurbishment or a replacement buildi

Opportunities for Owners

Re-development allows the exploitation of untapped added value potential  of properties. Furthermore it secures long-term survival and competitiveness. Owners are given the opportunity to expand their portfolios and create lasting value.

Structured Approach

Re-development consists of a minor or even major repositioning of a property or an entire site. The first step is generally an assessment of the condition of the property. This is followed by considerations regarding the market, target group and the real estate product before potential and room for manoeuvre are considered in scenarios. The business plan permits a comparison and evaluation of the variants to be made as well as an evaluation of the strategy for further action. The feasibility of a favoured version is evaluated on a case study basis in order to reach a well-founded decision for the actual planning of the re-development.

Modernisation/Complete Refurbishment or Replacement Building

Modernisation or complete refurbishment is based on construction and technical intervention in a property with basically intact potential, but which no longer meets the customary utilization standards due to obsolescence. A replacement building, on the other hand, is generally intended for properties that are at the end of their life cycle. The project planning guides the project through further development until building or implementation can begin, followed by realisation and transfer into operation.