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Press release News vom 30.10.2018

Arbonia sells Dietlikon property to property fund
 
Arbonia AG
 

Press release

 

Arbonia sells Dietlikon property to property fund

 

Arbon, 30 October 2018 – Arbonia AG, represented by AFG Immobilien AG, is selling its industrial property, which is no longer required for operational purposes, located at Riedmühlestrasse in Dietlikon, Zurich (CH), to the Swiss Finance & Property Funds AG. As the fund manager of the property fund “SF Sustainable Property Fund”, the company will take over both properties with a total space of around 22,000 m2.

 

After the sale of the kitchen business in 2014, the industrial property in Dietlikon, a former Piatti facility, was no longer used by Arbonia AG itself. With this sale, Arbonia is pursuing its announced strategy to divest non-essential properties as quickly as possible with maximum profit.

 

The new owner assumes all existing rental agreements. This sale was completed with retroactive effect from 1 October 2018.

 

The sales proceeds will be used to finance general business operations.

 
 
Press release (PDF)