HIAG strengthens yielding portfolio with long-term leased logistics property

Publié: 27. avril 2021

Media information

Basel, 27 April 2021 – HIAG acquires a fully let logistics property in Buchs (AG) as part of a share deal. The solvent tenant from the European apparel industry joins HIAG's top three tenants. The parties have agreed not to disclose the purchase price.

The property, which was built in 2007 and can be used for a wide variety of warehouse and logistics concepts, is located in the "Wynenfeld" area in Buchs (AG), which has good transport connections and a site area of around 39,000 m2. The property expands HIAG's portfolio by around 21,000 m2 of usable space. The long-term double net rental agreement with a current contract term of 6.8 years is expected to positively impact on HIAG's cash flow and dividend potential in the long term.

 

Contacts

Marco Feusi

Chief Executive Officer

T +41 61 606 55 00

marco.feusi@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

 

Agenda

27 August 2021             Publication ot the 2021 half-year results

14 March 2022              Publication ot the 2021 year results

28 April 2022                 Annual General Meeting