Zürcher Kantonalbank successfully leases in Romandy

The commercial real estate market in Romandy is highly competitive. Success requires familiarity with the local markets of the fund, negotiation skills and a great deal of understanding for tenant needs. This also concerns topics such as development, incentives and space flexibility.

The success speaks for itself: vacancies in the office properties in Bussigny and Renens fell sharply last year. In addition, the last sales area in the Bellefontaine shopping centre in Etoy was leased as of May 2023. "This means that the property's WAULT is an attractive seven years," says Judith Peter in the video. She is responsible for the rental activities of the Swisscanto real estate fund Responsible Swiss Commercial within Zürcher Kantonalbank's Asset Management. Thanks to these leasing successes, the rental loss rate in the fund fell from 7.8 to 6.2 percent for 2022.

Romandy is one of the most important growth regions in Switzerland. It is therefore also central for Swisscanto real estate products. Around one third of the properties managed by Zürcher Kantonalbank's Asset Management are located around Lac Léman.