Mobimo has acquired a site with development potential in the Zurich conurbation and three commercial properties in medium-sized cities in French-speaking Switzerland. Mobimo has acquired mid-December 2021 ERNI Real Estate AG and its subsidiary ERNI Liegenschaften AG and become the owner of the 16,000 m2 ERNI site in Wangen-Brüttisellen, canton of Zurich. With an excellent location, the site comprises two existing buildings featuring office, restaurant and commercial space and an area of around 12,000 m2 with development potential. Mobimo will transfer the existing buildings to its own investment portfolio and tap the development potential. The plan is to create a mixed-use district with residential and commercial uses and high sustainability standards.