REI Prega Ltd

The Club Deal in Lugano Pregassona is expected to involve the development of rental apartments.

Via Boschina, Pregassona (Lugano)

The property in Pregassona was previously used as an electronics store and commercial retail site. The site offers significant development potential, which EROP aims to unlock through the construction of three new buildings.

The project is currently in the planning phase. The legally binding building permit is expected in Q3/Q4 2026. Once obtained, the property will be acquired and construction will commence.

Key Facts

>2.0
Expected Equity Multiple
4
Timeline Years
>20
Expected Net IRR
Percent
2025
2026
2027
2028
 

June

Signing purchase right

Q3

Development of the construction project and submission of the building permit application

Q2

Preparation of the execution project

Q3 - Q4

Entry point for investors
Receipt of the building permit, clearing of conditions, and legal validity

Q2

Vacating, tendering, and start of construction

Q3

Completion of the construction project, handover of the apartments and buildings