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EbiSquare welcomes new investors

La Société Générale Immobilière (Suisse) L.S.G.I. S.A., Fribourg, has announced that it is to withdraw from the contract to purchase EbiSquare AG, signed on July 17, 2008. Schindler Holding, a Swiss holding company that specializes in the production of escalators, elevators and moving walks, can claim compensation contractually agreed in this case.

Now negotiations will be started with other investors, who recently showed interest in realizing EbiSquarea, joint venture between Schindler Holding AG, Hergiswil and Nueesch Development, which focuses on converting industrial estates. The continued interest in renting retail space in the Shopping and Leisure Center demonstrates the attractiveness of the concept as well as of the well-developed site for EbiSquare.



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