13 January 2022

Steiner sells the Neumattweg Ost project to Corpora Immobilien AG

Real estate developer Steiner AG is selling the Neumattweg Ost residential construction project in Suhr, which will eventually comprise 13 buildings with 146 apartments in total, to Aarau-based  Corpora Immobilien AG.
A new district offering a high quality of life and a full range of sustainability credentials is being planned for the site of approx. 1.6 hectares. It is based on an impressive master plan with an appropriately developed urban planning outline and high-quality exterior and interior design aspects. Future residents will enjoy the attractive open spaces and well-equipped apartments that blend modernity and comfort. The unique complex also features a community centre that residents can use for activities and events. 
A housing development for all generations
The Neumattweg Ost housing development is aimed at all age groups and is suitable for families, single people, couples and senior citizens. With their accessible layout, the residential units will make comfortable, secure and flexible homes for all generations. Moreover, the project also foresees the use of various (electric) vehicle-sharing schemes to promote alternative forms of mobility as well as an attractive cycling infrastructure.
Focus on real estate development
As part of a portfolio adjustment, Steiner AG has chosen to sell this development at the concept design stage, i.e. before the implementation phase has begun. Project manager Daniel F. Hauri is delighted about this successful transaction, which was completed at the end of December 2021. He says: "By selling this major project to Corpora Immobilien AG in Aarau, we have found an investor with development expertise and a presence in the local community who will be well placed to ensure the successful realisation and completion of this attractive housing development." 
Anyone interested in the apartments, which will be available for private sale or for rent, can now register on the www.neumatte.ch website so that they are promptly informed about the marketing launch.
A prime residential location
The attractive municipality of Suhr in the district of Aarau offers a living environment for people looking for a place to call home rather than just a place to live. Alongside its varied cultural and sports offerings, Suhr also boasts an excellent infrastructure in terms of education, healthcare and transport. The future Neumattweg Ost housing development enjoys an ideal setting to the south-west of the village centre. The station, kindergarten and school are just a few minutes' walk away. Aarau town centre can be reached by rapid transit train in 3 minutes and by car in around 5 minutes. The Aarau West motorway junction is around 5 minutes away. Zurich, Basel, Lucerne and Bern can be reached by car in just 35 to 55 minutes. 
Steiner AG
Steiner AG is Switzerland's leading company in real estate development and project implementation. Founded in 1915, it has its headquarters in Zurich and is represented by branches in Basel, Bern, Lucerne, Tolochenaz and Geneva. Its development portfolio, which is worth more than CHF 6 billion, comprises a wide range of residential, office, industrial and logistics projects plus proprietary product innovations such as the Werkarena, Manufakt and Steiner Student Hotel brands. Steiner AG is contributing its decades of experience to the two recently established business areas: Steiner Digital, and the Steiner Financial Initiatives for new investment solutions. In western Switzerland, Steiner Construction implements building projects in its role as a leading “total” (design-and-build) and general contractor.
New owner
Corpora Immobilien AG Aarau
Schachenallee 29
5000 Aarau
Contact person: Philipp Husistein
Philipp.Husisteinanti spam bot@husisteinanti spam bot.com
Direct: +41 62 823 01 80, Mobile: +41 76 331 13 97
Information for the media
Steiner AG, Corporate Communications
Tel.: +41 58 445 20 00, corpcomanti spam bot@steineranti spam bot.ch 

The Neumattweg Ost residential construction project in Suhr will eventually comprise 13 buildings with 146 apartments in total.

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