Valora sells its Handelshaus Muttenz (HHM) building to Basel-based sitEX Properties AG

28.09.2012 / 17:30 / Ad hoc, Shareholder Back

Valora Holding AG has sold its building located in the Hofackerstrasse in Muttenz to real-estate company sitEX Properties AG as of October 1, 2012. Valora will maintain its headquarters in the building and has concluded a long-term usufruct agreement with the purchaser to that end. The Handelshaus Muttenz facility will become the LAGONDA building, combining multi-purpose commercial and office-space elements.

Valora’s sale of the HHM building represents a further step in the implementation of its corporate strategy, which is focused on activities in the Group’s core areas of expertise. The transaction will also enable the specialist real-estate company gribi theurillat to market the vacant floorspace currently available in the building. Both parties to the transaction have agreed that the purchase price will remain confidential.

Contact

Corporate Communications
Stefania Misteli
+41 61 467 36 31
+41 61 467 29 08

Contact

Corporate Investor Relations
Mladen Tomic
+41 61 467 36 50
+41 61 467 29 08