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CS REF Interswiss maintains and oversees its existing properties and where possible, leverages its potential. A current case in Baden in the canton of Aargau embodies this idea. This project lies in a prime location on Badstrasse, in the middle of Baden’s pedestrian and shopping zone, where a new building is being constructed with an investment of CHF 19.3 million.

The well-known fashion store Ledergerber was a long-standing tenant of the property. The fashion house was founded in Zurich in 1861 and moved to Baden a year later. Over time, the street between the old town and the baths grew into an upmarket shopping and residential street, in no small measure because of the up-and-coming spa tourism.

A new addition is now being added to the building, which, according to the plans, will blend in well with the surroundings.

In the future, the building will only have retail space on the first floor and basement. From the 2nd floor upwards, the buildings will offer offices and 18 rental apartments. Further rental apartments are located in the new building facing the Limmat. A private underground garage with 11 parking spaces will be built below the retail areas, some of which will have 2 stories.

The historic facade of the main building at Badstrasse 30 will be lightly renovated and preserved. The stately interior with stucco ceilings, solid parquet flooring and chest paneling will also remain largely intact. The adjacent building at Badstrasse 28 will be given a new look.

Completion of the conversion and the tenants’ move-in are planned for the end of 2025.

CS REF Interswiss invests primarily in commercial and mixed-use properties and projects, concentrating on the qualitative growth of the portfolio and the continuous renewal of existing properties. The revitalization and expansion with a new building at Badstrasse 28 and 30, with an investment volume of CHF 19.3 million, contributes to the diversified portfolio of the real estate fund.