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CELGENE

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Furniture company mömax will be the new anchor tenant in the Rüti Center in Pratteln

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07/03/2020 | 01:05am EDT

Furniture company mömax will be the new anchor tenant in the Rüti Center in Pratteln

Zurich, 3 July 2020 - The fund management company Helvetica Property has concluded a long-term tenancy agreement for the Rüti Center in Pratteln with the trendy furniture store mömax.

The fund management company Helvetica Property and the internationally active Austrian furniture store mömax, a distribution channel of the XXXLutz Group, have signed a new rental agreement for the Rüti Center in Pratteln (BL) for 10 years. This involves retail space of over 6,500 square meters previously rented by Interio. mömax's trendy and broad offer will further strengthen the Rüti Center as a furniture, building and specialist retail location.

With mömax as the new anchor tenant, another important milestone in the strategic transformation and further development of the entire Rüti Center will be reached. The center is located in the immediate proximity of the highway and has sufficient parking spaces for its customers.

«With mömax, we have won a well-known anchor tenant for the retail property in Pratteln. The successful closing of the long-term lease agreement confirms the attractiveness of the location and the potential of the Rüti Center» explains Frederic Königsegg, CIO.

Media contact

Michael Müller

Frederic Königsegg

Chief Executive Officer

Chief Investment Officer

+41 43 544 70 80

+41 43 544 70 83

mm@Helvetica.com

fk@Helvetica.com

All press releases can be found under

www.Helvetica.com




Provider
Channel
Contact
EQS Group Ltd., Switzerland
switzerland.eqs.com


newsbox.ch
www.newsbox.ch


Provider/Channel related enquiries
cs.switzerland@eqs.com
+41 41 763 00 50
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Financials (USD)
Sales 2018 15 281 M - -
Net income 2018 4 046 M - -
Net Debt 2018 14 221 M - -
P/E ratio 2018 11,6x
Yield 2018 -
Capitalization 77 036 M 77 036 M -
EV / Sales 2017 6,61x
EV / Sales 2018 3,86x
Nbr of Employees 8 852
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NameTitle
Matt M. Roden President & Director
David V. Elkins CFO, Principal Accounting Officer & Executive VP
Aijaz Tobaccowalla Chief Digital & Information Officer, Senior VP
P. Joseph Campisi Director & Vice President
Katherine Reynolds Kelly Secretary & Director