Extensive expansion plans – new real estate projects in Basel, Lausanne and Vienna
The Swiss serviced apartment market leader now offers roughly 1000 furnished apartments with service and style in Germany, Austria, Poland and Switzerland. Previously announced projects in Geneva, Vevey and Frankfurt are currently under construction or in the pre-opening phase. New real estate projects in Basel, Lausanne, and Vienna are in development. Further potential expansion locations are under constant review. VISIONAPARTMENTS’ goal is to double its own portfolio from the current 1000 to 2000 apartments by 2018 and thus consolidate its position as the leading serviced apartment provider in the German-speaking market.
“After opening our two flagship houses in Zurich Giesshübel and Berlin Alexanderplatz in 2013, it took us some time to prepare the next major step logistically and in terms of human resources”, says Anja Graf, CEO & Chairwoman of VISIONAPARTMENTS. “So we are all the more delighted to announce multiple new properties today. We are proud of our growth and look forward to completing the promising real estate projects, consolidating and enhancing our presence in Germany, Austria and Switzerland.”
Start of construction in Vevey and Frankfurt
After a comprehensive planning phase, modification and expansion works on the two real estate projects started recently both in Vevey (100 units in a hotel building right beside the railway station) and Frankfurt city (130 units in an office building on Gutleutstrasse). Both buildings will open during the summer of 2017.
VISIONAPARTMENTS in Basel from 2018
The company has just purchased a seven-storey residential building at Nauenstrasse 55 in Basel. The building has a central location, in the immediate vicinity of Basel SBB railway station. 113 furnished apartments as well as fitness and wellness facilities are to be completed there by 2018. The car park will offer 36 parking spaces.
Lausanne St. Sulpice: New building in a modern residential development
A new residential building in the “Les Jardins de la Venoge” project, in the charming Lausanne district of St. Sulpice near the banks of Lake Geneva, is already under construction. One of the four modern residential buildings will be dedicated entirely to VISIONAPARTMENTS. Approximately 100 apartments, a fitness centre and 18 parking spaces are planned for the six-storey new building, to be completed by the end of 2017. That will also double the number of units at this location, as the furnished apartment specialist has operated two central city locations successfully in Lausanne since 2008.
Expansion of the Viennese portfolio
VISIONAPARTMENTS is also growing its portfolio in the Austrian capital: The company has just bought the former Hotel Tabor in Taborstrasse 25. Whether the building is to be completely modified or renovated has yet to be decided. Approximately 90 units are planned in this attractive city location. The earliest opening date for this project is set for the end of 2017.
“We will continue to seek out interesting, well-located properties in popular business destinations”, adds Anja Graf. “Even in Zurich, where we already have over 600 furnished apartments, we remain open to additional real estate projects. Various other projects in Switzerland and abroad are at an advanced stage of negotiations, and we will inform about them in due course.”