Züblin Immobilien has successfully concluded its negotiations for upcoming mortgage refinancing obligations in the Netherlands and Germany. All mortgage financing contracts which were due to mature in the coming twelve months have been prolonged. The company also announced that it has sold its property at Avenue Hermann Debroux 17/19 in Brussels to the existing tenant at its current market value. With this sale, Züblin has exited two of the three Benelux markets in which it was previously active.
Züblin Immobilien has successfully concluded its negotiations for upcoming mortgage refinancing obligations in the Netherlands and Germany. All mortgage financing contracts which were due to mature in the coming twelve months have been prolonged. The company also announced that it has sold its property at Avenue Hermann Debroux 17/19 in Brussels to the existing tenant at its current market value. With this sale, Züblin has exited two of the three Benelux markets in which it was previously active.
Züblin invests in energy-efficient office properties in top locations. Züblin's core markets are Switzerland, France and Germany, where it concentrates on a few selected cities. Its portfolio is comprised of 69 investment properties with a market value of CHF 1.6 bn.
