Signing purchase right
REI Prega AG
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.
>1.4
Expected equity multiple
>15
Expected net IRR
Percent
Percent
June
Q3
Development of the construction project
Building permit application (no later than nine months after signing the purchase option agreement)
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
