K7 Center Bubendorf, Basel-Landschaft

sitEX acquired a land parcel and project to build a commercial building in Bubendorf, Basel-Landschaft. The Swiss subsidiary of ALDI will be the anchor tenant of 50% of the building for at least 15 years. The building will include an underground parking garage with 75 spaces, and the layout of the 2nd floor is highly versatile. It is expected that the second floor rental will host tenants in the health industry (medical offices, veterinary clinics etc.), which consist of around 2,000 sq. meters of leasable space. The closing of this transaction occurred in the first quarter of 2022, with construction expected to begin at the end of 2022 and have ALDI opening the store mid-2024.

Address:
Kantonsstrasse 7, 4416 Bubendorf

Acquired:
2022

Years of construction:
Construction to start at end-2022, completion by Summer 2024

Usable area:
2,041m²

Lettable space:
ca. 3,800m² of commercial and office space (50% rented to ALDI Suisse AG)

Usage:
Office and commercial

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