Milestones in Lokstadt: Lease agreement signed for Switzerland's first Radisson RED Hotel, Tender and Elefant celebrate topping-out ceremony

Glattpark (Opfikon), 1 November 2021 - At the end of September, the hotel lease was signed with the Success Hotel Group. Together with the kindergarten, for which a lease was signed with the city of Winterthur, 5,100 of the total 8,200m2 of usable space in the Lokstadt halls have thus already been let.

Switzerland's first Radisson RED Hotel in Winterthur
The Success Hotel Group, a German family-owned company, will operate Switzerland's first Radisson RED Hotel as a franchisee in the Habersack Hall, parts of the Draisine Hall and the head building, as well as in the adjacent Tigerli. Around 180 rooms will be created on an area of 6,600m2, as well as a gastronomy with its own brand. Radisson RED is a new, urban upscale hotel concept with unconventional design and an exceptional atmosphere for the modern traveller. Only twelve Radisson RED hotels are in operation worldwide in locations such as Dubai, London, Brussels and Cape Town - and soon the Lokstadt in Winterthur will add to this list of renowned destinations. Michael Friedrich, CEO of Success Hotel Group: "After Austria, now also Switzerland - we are pleased to have Ina Invest and the Radisson Hotel Group as strong partners at our side for our further expansion abroad. As hotel operators, we can hardly imagine a better location than the Lokstadt Halls, whose industrial style expresses the flair of the Radisson RED."

The building application for the hotel in the Lokstadt Halls will be submitted at the end of 2021. Construction is scheduled to start in summer 2022, and the hotel is expected to be ready for occupancy in autumn 2024.

Kindergarten in the Draisine Hall
For the 930m2 remaining in the Draisine hall alongside the hotel, a rental agreement has been signed with the city of Winterthur, which will create space for two primary school classes and two kindergarten classes there. In addition to the unique ambience of the former locomotive factory, the children will be able to enjoy a roof terrace of around 300m2.

The building application for the kindergarten was already submitted at the end of August 2021, and the building permit is expected by the end of this year. The kindergarten is scheduled to start operating at the beginning of the school year 2023/2024.

Contract negotiations with another anchor tenant for the space in Halle Rapide are already well advanced. Ina Invest CEO Marc Pointet: "We are confident that we will have fully let the Lokstadt halls by the end of the year. On a total of 8,200m2, versatile uses that attract the public will be brought together under one roof, which is in line with Ina Invest's strategic focus on hybrid real estate and sites."

Topping-out ceremony of Tender and Elefant: VIP event with panel discussion on 2 November
The ongoing construction projects in Lokstadt are progressing according to plan. The topping-out ceremony for the Tender and Elefant buildings will take place tomorrow, Tuesday 2 November. Starting at 14:15h, Ina Invest will welcome investors, partners and guests to an exclusive pre-event to celebrate the arrival of diversity in Lokstadt and to explore this inspiring new district. The highlight will be a panel discussion with Marc Pointet, CEO of Ina Invest, Adrian Wyss, Head Division Real Estate at Implenia, Reto Dahinden, CEO of SWICA, Jelena Radovic, Head Real Estate Marketing at Implenia and Michael Friedrich, CEO of the Success Hotel Group. The afternoon will be hosted by SRF presenter Daniela Lager.  

Interested media representatives can register at short notice for the VIP event on 2 November by sending an e-mail to communications@STOP-SPAM.ina-invest.com. 

Switzerland's first Radisson RED Hotel is being built in the Lokstadt halls. (Visualization: Implenia)

Contact for investors and analysts 
Marc Pointet, CEO
T +41 44 552 97 17
investors@STOP-SPAM.ina-invest.com

Contact for media 
Corporate Communications
T +41 44 552 97 27
communications@STOP-SPAM.ina-invest.com

Ina Invest is a Swiss real estate company created from the spin-off of half of Implenia's development portfolio. Ina Invest is developing this initial set of projects in order to build up a portfolio of profitable properties, while continuing to make acquisitions to secure future growth. The properties have a varied usage profile, with a primary focus on residential developments, and are in very good locations all over Switzerland. Ina Invest plans to continue investing in and growing its portfolio. Thanks to its transparent collaboration with Implenia, Ina Invest benefits from the expertise of Switzerland's leading construction and real estate services provider. In the development and management of its portfolio, Ina Invest maintains the highest sustainability standards by taking a holistic view of the entire value chain and integrating sustainability across all phases. The company is listed on the SIX Swiss Exchange (INA, CH0524026959). More information can be found at ina-invest.com.