Residentia is pleased to announce the sale of one of its property located in Massagno: a piece of land with an approved project for a 22 apartments block. We decided and succeed to sell the property with an important capital gain for our fund which would allow us to proceed with further investment with higher profitability in short term.
Other information regarding our activities would be published shortly.
The Residentia team has the pleasure to announce the recent acquisition of a proprety in Vacallo. The building is in good maintenance status, built in the 80s, and consists in 50 apartments, 95 parking and 2 commercial area. The property has a good yield and is fully leased.
For more information click here : http://www.residentia.ch/en/the-properties/properties-vacallo
More information will follow shortly.
The Residentia team is pleased to announce that the fund Residentia has obtained the building permit for the construction of a building of 22 apartments in Massagno.
We are pleased to inform you that Residentia has purchased two new residential properties.The first one, which is composed by 53 apartments, is located in Locarno in via Nessi; a quiet residential area just few minutes away from the city center. The property offers a yield of above 6.5% on the purchase price and an important margin in terms of property revaluation. The second one is a building of 53 apartments built in 1984 and located in Via Quinta in Biasca. The property carries an yield of above 6% on the purchase price. Also in this case the margin on the purchased price is very satisfactory. More information and details of the two newly purchased property is available at http://www.residentia.ch/en/the-properties
On May 22, 2012 we purchased a property in Locarno, the operation was planned during the capital increase phase. The building was build in the '70s and consists in 49 apartments and 31 parking and it is located in the residential area of Locarno a few minutes walk from the Old Town and the Piazza Grande. The building needs some maintenance work but is in good state of maintenance and offers a good return (6.6%). More news on the projects of the fund will follow shortly.
The Residentia team has the pleasure to announce the recent acquisition of a building of 34 apartments in Lugano in Via Bagutti 26 (RFD 648). The building, built in the 70s, is in a strategic location and is in good maintenance status. This purchase was planned during the capital increase and we are satisfied that the deal is now successfully concluded. We also signed the purchase contract for a building in Locarno, also scheduled during the capital increase. More information will follow shortly.
