Under the motto «Urban living – surrounded by nature», Swiss Prime Site Solutions, acting on behalf of its client Swiss Prime Investment Foundation, is developing the «Riverside» project in Zuchwil. This is a pioneering new urban quarter whose impact will extend far beyond the municipality of Zuchwil. The foundation stone for the flagship project was laid on 10 July 2020.
«Riverside is a flagship project for our client Swiss Prime Investment Foundation (SPIF) and is significant for the entire Solothurn region at the same time», said Anastasius Tschopp, CEO of Swiss Prime Site Solutions, emphasising the importance of the project at the laying of the foundation stone in Zuchwil. Currently, 140 rental apartments are under construction in the north-west of the site, overlooking Aareuferweg and the river. Marketing of the apartments will begin in spring 2021 and they will welcome the first tenants in winter 2021. Over 280 Swiss pension funds are both financiers and investors in the SPIF. «We are currently carrying out the sixth bond issue for SPIF. The capital raised will be used, among other things, to finance a range of development projects, including Riverside», says Anastasius Tschopp. The subscription period continues until 22 July 2020.
Riverside – a new living space
Riverside is being developed as a «living space». The overall concept is based on quality of life and sustainability. This includes a high standard of residential accommodation, an optimal socio-demographic mix along with modern energy supply and traffic management. Over the next 15 to 20 years, the ten constructions sites will allow for a wide variety of living concepts, both for rent and for purchase. By combining living and working functions and adding a wide range of restaurants and leisure activities, the developers of Riverside are increasing the diversity of this living space. «Living and working in Riverside doesn’t just mean a chic apartment or a modern workplace with contemporary infrastructure, it also means a multi-faceted neighbourhood with local recreation on the River Aare to meet the most demanding standards», explains Anastasius Tschopp.
The strong development expertise of Swiss Prime Site Solutions
The Riverside project is exemplary of Swiss Prime Site Solutions’ development expertise. With its seasoned skills, the real estate service provider is adept at transforming plots, sites and existing buildings into valuable new locations and living spaces. The pipeline of work for its client SPIF currently amounts to around CHF 600 million, representing projects and real estate throughout Switzerland. «Thanks to the market experience of Swiss Prime Site Solutions, we have managed to significantly expand our portfolio in recent years without sacrificing our high standards of quality and profitability. Along with the Riverside project, further developments will ensure steady growth over the next few years», says Jérôme Baumann, Chairman of the Foundation Board of the Swiss Prime Investment Foundation (SPIF).
Read more about the project Riverside
if you have any questions please contact
Anastasius Tschopp, CEO Swiss Prime Site Solutions
Tel. +41 58 317 17 33, anastasius.tschopp(at)sps.swiss
Andrea Schaller, Media Relations
Tel. +41 58 317 17 51, andrea.schaller(at)sps.swiss