18 November 2021

Foundation stone-laying ceremony for the Osiris eco-neighbourhood in Echallens

Today Steiner hosted the foundation stone-laying ceremony for the Osiris project, which was attended by representatives of the client and the municipality of Echallens as well as agents. The ceremony marks the symbolic start of construction work. Steiner is paying special attention to the environmental aspects of the construction of Osiris, which is its biggest eco-neighbourhood project in French-speaking Switzerland.
 
The eco-neighbourhood scheme was developed by Realtim, Equitim and ODS Investhome. It aims to obtain Minergie-P-Eco certification, which is awarded to projects that incorporate environmental factors into their construction. Certification is also the reason why Steiner is using recycled concrete on more than half of the project. Furthermore, strict criteria on grey energy and the labelling of materials such as wood have to be respected, while Steiner’s teams are also ensuring that waste materials and water are dealt with efficiently at the site. 

Aware of the need to keep distances as short as possible, the total (design and build) contractor relies as much as possible on local subcontractors in all its projects. At present, more than 75% of the subcontractors working on Osiris come from within 50 kilometres of the site.
 
Close to the countryside and town centre
The eco-neighbourhood will comprise 15 buildings housing 410 apartment units. It will provide a green living environment benefiting from generous grounds and soft mobility options. The neighbourhood will rely on renewable energy for its heating and electricity by using geothermal heat pumps and photovoltaic panels. Moreover, since the heating system will be reversible, it will also be used for free cooling during the summer. Located just a short walk from the centre of Echallens, the eco-neighbourhood will offer ideal conditions for soft mobility. Bicycle-accessible pathways and bicycle garages will also be built on the site. 
 
Steiner began the structural works in summer 2021 after the project owner had completed the earthworks. As the project has been divided into phases, the buildings are all at different stages of construction. First-phase buildings are at an advanced stage, whereas the basements and first above-ground levels of the other two phases are currently being built. Handover of the Osiris project will take place in spring 2023.
 

Steiner AG

Steiner AG, one of the leading project developers and general/total contractors (GC/TC) in Switzerland, offers comprehensive services in the fields of new construction, refurbishment and real estate development. The company, which was established in 1915, has constructed more than 1,500 residential projects, 540 commercial properties, 45 hotels and 200 infrastructure facilities such as universities, schools, hospitals, retirement homes and prisons. Steiner AG has its headquarters in Zurich and is represented by branches in Basel, Bern, Geneva, Tolochenaz and Lucerne. www.steiner.ch 
 

Equitim

Equitim is a foundation and a team capable of managing a real estate project from its conception to its exploitation. Gathering exclusively funds from 5 professional pension funds in French-speaking Switzerland, its mission is to invest its resources in a sustainable way in housing projects for the middle class. 
 

Realtim

As the first FINMA-regulated, multi-project, real estate development-oriented collective investment vehicle, Fundim SA has opened the doors of this sector, which until now has been reserved for a very limited number of players, to qualified institutional and private investors.Building on the many successes achieved since 2011 with its first vehicle Realitim, which is currently in the closing phase, Fundim SA launched a second vehicle -Realitim II- in 2016, which has already successfully completed a capital increase in 2019. With an average time horizon of seven to ten years, Realitim II targets a net annualised internal rate of return of around 8-10% after tax. It should be noted that limited partners also have the possibility to invest through co-development. 
 
Information for the media
Steiner AG, 
Corporate Communications
Tel.: +41 58 445 20 00, corpcomanti spam bot@steineranti spam bot.ch 
 
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The eco-neighbourhood Osiris will comprise 15 buildings housing 410 apartment units. It will provide a green living environment benefiting from generous grounds and soft mobility options.

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