Development site at Zofingen railway station gains a new perspective
The Zurich-based property investor Pensimo has acquired the western part of the former Swissprinters printing plant in Zofingen from Ringier AG. A sustainably built new urban neighbourhood with over 300 flats is to be created there by 2030.
Pensimo has acquired the western part of the former Swissprinter site near Zofingen railway station through its Turidomus real estate investment foundation. The 27,636 square metres of land was owned by Ringier Areal AG. Together with the town of Zofingen and the Basel-based architectural firm Christ & Gantenbein, Ringier Areal AG had developed a strategy for converting the site into a mixed residential and working neighbourhood and was looking for an investor.
According to a press release issued by Pensimo, a study contract will be launched next year to clarify the urban planning ideas and sharpen up the housing offer. At present, over 300 flats are planned, which will be built from 2028 and could be ready for occupancy from 2030.
Alexander Büchel, the portfolio manager responsible at Pensimo, describes the acquisition of this “unique and strategically ideal development site” as a special opportunity. “Zofingen has an attractive location quality, is a cantonal development centre and the micro-location of the site is excellent.”
The five building plots of the Areal-West site are to have a diverse range of flats and be certified in accordance with the Swiss Sustainable Building Standard. “We want to build on the industrial past,” says Büchel, adding that the aim is to develop a “sustainable offering”.
The Swissprinters printing plant, like Ringier Areal a joint subsidiary of Ringier and NZZ, was closed in September 2024. The entire site covers around 55,000 square metres in a central location. According to Ringier Areal AG, it is currently pressing ahead with a development project for the eastern part of the site with the historic main building.