Press release
Arbonia sells Arbon property to Ri-Ma Immobilien
Arbon, 14 December 2018 - Arbonia AG, represented by AFG Immobilien AG, is selling its 57 000 m2 industrial property in the Brunnenwiese area in Arbon to Ri-Ma Immobilien GmbH, which is based in Widnau (CH).
The property comprises the largely undeveloped area adjacent to the Corporate Center on Amriswilerstrasse in Arbon. The property was designated as industrial land under Swiss building regulations in 2006 when the current Arbonia headquarter was built. The sale was completed on 13 December 2018. Ri-Ma Immobilien AG is checking r-ezoning the property to a residential and commercial zone.
With this sale, Arbonia is pursuing its announced strategy to divest non-essential properties and land.
The sales proceeds will be used to finance Arbonia's general business operations.
Contact
Fabienne Zürcher
Corporate Communications Manager
T +41 79 451 01 38
fabienne.zuercher@arbonia.com
You can find this release and other information about Arbonia on our website www.arbonia.com (http://www.arbonia.com/).
Arbonia is a focused building supplier that is listed on the SIX Swiss Exchange and has its headquarters in Arbon, in the canton of Thurgau (Switzerland). The group is active worldwide with its own distribution companies as well as offices and partners in more than 70 countries. Its main production sites are located in Switzerland, Germany, the Czech Republic, Poland, Slovakia, Italy, Belgium and the Netherlands. A total of around 8 200 employees work for Arbonia Group.
The divisions that make up Arbonia are active in the following sectors: heating technology, air-conditioning and ventilation technology, sanitary equipment, windows, as well as exterior and interior doors.