HIAG Immobilien Acquires Swissfiberinvest Menziken AG

Published: 13. October 2014

Media Release

Basel, 13 October 2014 – The Swissfiberinvest Menziken AG owns former production halls of Alu Menziken and an administrative building in Menziken (AG) with approximately 14'400 m2 of effective area. Since mid 2014, the building permit for the construction of a data centre is legally binding. The purchase price for 100% of the company's shares is situated in the low seven-figure range. From today's perspective, the investments for the first phase – equalling 3'000 m2 net data centre area - are estimated at approximately CHF 25 millions. Agreements with future tenants have been concluded for approx. 1'000 m2. Therefore, the realization will soon be initiated. The project will be driven forward with the development partner Hewlett-Packard. Completion of the first phase is scheduled by the second half of the year 2015.

 

 

Contact

Martin Durchschlag

Chief Executive Officer

T +41 61 606 55 00

martin.durchschlag@hiag.com

Laurent Spindler

Chief Financial Officer

T +41 61 606 55 00

laurent.spindler@hiag.com

 

HIAG Immobilien Holding AG

Aeschenplatz 7

4052 Basel

T +41 61 606 55 00

investor.relations@hiag.com

www.hiag.com