What's new

The plot is only a short distance from the Affoltern am Albis train station, and is still well known to camping and caravan enthusiasts from the region. This location, right at the heart of the Knonauer Amt region, was for many years home to a well-known company that rented out holiday vehicles and sold camping accessories. But the plot was by no means used to its full potential. With the older residential and commercial buildings on the plot, there was a huge potential for new use and conversion projects. An attractive new build was a fantastic opportunity for this location: There are diverse shopping opportunities, schools of all levels and preschools all within around a five-minute walk, as well as very good S-Bahn connections to Zurich and Zug.

Urban development
The urban development in this sought-after area was more than obvious. Building regulations permitted a 3.5 times increase in the available rentable space. The plans set out the new build of an attractive residential property. Once this investment and development opportunity had been identified, the acquisitions team at Property One was able to acquire the property in the form of a club deal thanks to good connections within the company’s own network.

The development of the plot in a way that fully exploited its potential was carried out by the own development team in close collaboration with the Studio JES architectural firm. Once the permit procedure was complete, the team Planning & Construction took on the project. The apartments are expected to be completed and ready for the new inhabitants to move in at the end of March 2023. The new build was sold to a renowned collective foundation while still in development, as part of an asset deal by the Property One transaction team.

Optimisation, planning and construction management following acquisition
Once the permit had been granted, Property One dealt with the regulations of the relevant authorities and was subsequently granted the necessary construction approval.

The team Planning & Construction then started work on the submissions (individual contract award). These covered both cost and quality optimisations as well as a consideration of the longer delivery times as a result of the current situation.

The 12 units are made up of nine 4.5-room apartments with a living space of between 100 and 112 m², an 85 m² 3.5-room apartment and two 4-room maisonette apartments with a living space of 107 m². A harmonious relationship between the colour concept and the lighting atmosphere helps to create a really special ambience.