Mobimo Announces Winning Project for Zurich Oerlikon Development

The latest update is out from Mobimo Holding AG ( (CH:MOBN) ).

Mobimo has concluded a total performance competition for a construction project on the RAD site in Zurich Oerlikon, selecting a team led by Michael Meier Marius Hug Architekten, HRS Real Estate, and Studio Vulkan as the winners. The project involves replacing old assembly halls with a new building and renovating an existing one to create approximately 150 residential units, including rental apartments and condominiums, by 2030. This development is strategically located near Zurich Oerlikon train station, enhancing the site’s appeal and potentially boosting the company’s market position in the Zurich metropolitan area.

The most recent analyst rating on (CH:MOBN) stock is a Hold with a CHF302.00 price target. To see the full list of analyst forecasts on Mobimo Holding AG stock, see the CH:MOBN Stock Forecast page.

More about Mobimo Holding AG

Mobimo Holding AG is a leading real estate company in Switzerland with a diversified portfolio valued at approximately CHF 3.8 billion. The company specializes in residential and commercial properties, as well as development projects for its own investment portfolio and third parties, primarily located in prime areas of German-speaking and Western Switzerland. Mobimo is known for its balanced property use and careful management, employing around 170 people.

Average Trading Volume: 10,555

Current Market Cap: CHF2.32B

For detailed information about MOBN stock, go to TipRanks’ Stock Analysis page.