Faro Foundation Plans to Use Recruitment Centre in Windisch as a Residence

Basel, 17 October 2017 - In Mai 2018, the Swiss Army will move their recruitment centre from Windisch (AG) to the Aarau military base. The vacated building at the Kunzareal site will be converted into a residence for the Faro Foundation. The Faro Foundation accompanies adults with impairments on behalf of the canton of Aargau. Approx. 6'500 m2 of floor space will be adapted with minor modifications to suit the new requirements and will be rented out to the Foundation on a long-term lease. In September, the cantonal authorities in charge have approved the key points of the long-term rental contract. The building application is scheduled to be submitted before the end of the year, delivery is planned for the second quarter of 2019.

Contact

Martin Durchschlag

Chief Executive Officer

T +41 61 606 55 00

martin.durchschlag@hiag.com

Laurent Spindler

Chief Financial Officer

T +41 61 606 55 00

laurent.spindler@hiag.com

HIAG Immobilien Holding AG

Aeschenplatz 7

4052 Basel

T +41 61 606 55 00

investor.relations@hiag.com

www.hiag.com


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