Zurich adapts real estate strategy to growth
Zurich wants to adapt to the needs of a growing city. To this end, Liegenschaften Stadt Zürich has developed a new strategy. The focus is on the fields of action residential, commercial / special real estate and land reserves / building rights.
Liegenschaften Stadt Zürich (LSZ) acts as the owner, investor and manager of buildings in the city that are rented to third parties. Now LSZ has redefined its strategy to take the city's growth into account. “This growth is gratifying and confirms the policy of the city council. At the same time, however, it also poses a challenge, for example in relation to the increasing need for space for urban infrastructure and non-profit living, ”City Councilor Daniel Leupi is quoted in a communication from the City of Zurich , head of the finance department.
In the context of the fields of action residential, commercial / special real estate and land reserves / building rights, priorities are to be set in the future. This includes the preservation of small businesses, the transparent leasing of both residential and commercial space, digitization and ecological sustainability.
In addition, land reserves, which will not be finalized until the next few years, are to be opened for temporary use. This would create free spaces, "which are also used very actively culturally and not commercially and thus contribute to a colorful and diverse city," says von Leupi.