HIAG strengthens yielding portfolio with long-term leased logistics property Dienstag, 27. April 2021 - 19:00
Media information
HIAG strengthens yielding portfolio with long-term leased logistics property
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 | Laurent Spindler Chief Financial Officer T +41 61 606 55 00 |
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
