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Mobimo Holding AG ( (CH:MOBN) ) has shared an update.
Mobimo Holding AG has acquired a 12,000 m2 plot in Meggen, a desirable residential area near Lucerne, to develop approximately 70 condominiums with a project volume of around CHF 120 million. This acquisition strengthens Mobimo’s development pipeline and underscores its successful track record in the Central Swiss market, following previous projects in Merlischachen and Oberägeri. The project is expected to be completed by the end of 2032, highlighting Mobimo’s continued commitment to meeting the demand for attractive residential properties in central locations.
The most recent analyst rating on (CH:MOBN) stock is a Hold with a CHF308.00 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 Swiss real estate company with a diversified portfolio valued at approximately CHF 3.9 billion. The company’s assets include residential and commercial properties, as well as development projects in prime locations across German-speaking and Western Switzerland. Mobimo focuses on balanced use and careful management of its properties, enhancing its earnings base and portfolio value through strategic development projects. The company also offers investment opportunities to third parties and employs around 170 people.
Average Trading Volume: 10,159
Current Market Cap: CHF2.36B
For a thorough assessment of MOBN stock, go to TipRanks’ Stock Analysis page.