Early recognition of potential in a strategic location

Conceptual planning began around 15 years ago – at a time when the Limmat Valley and Spreitenbach were not yet considered established alternative residential locations for people seeking housing outside Zurich and Baden.

Today’s high demand for housing in the region confirms this early foresight: Tivoli Garden stands as a prime example of forward-looking site development that combines urban densification, mixed-use development and long-term location quality.

Diverse mix of uses for modern urban living

At the heart of the project lies a generous and well-designed residential offering comprising 445 apartments ranging from 1.5 to 5.5 rooms. The development therefore appeals to a wide range of lifestyles – from singles and couples to families and multi-generational households.

The residential offering is complemented by around 10,000 m2 of retail space and 1,600 m2 of office space, which contribute to the vibrancy of the neighborhood and enable short distances in everyday life. A double kindergarten run by the municipality of Spreitenbach is directly integrated into the development, underlining the family-friendly character of the new district.

Community as a central element of the neighborhood

A distinctive feature of Tivoli Garden is the extensive range of shared spaces available to residents. These include an event room, a meeting area with café, two guest rooms, a fitness area, co-working spaces, a workshop and a yoga room. This infrastructure promotes interaction, exchange and a lively neighborhood identity – key elements of a contemporary urban living concept.

High occupancy rate as an indicator of attractiveness

Strong demand is also reflected in the occupancy rate: as of 9 March 2026, 430 of the 445 apartments were rented, corresponding to a rate of 97%. Across the entire development, the occupancy rate was around 98%. Apartments have been occupied in phases since 1 July 2025.

Facts & Figures:

  • Construction period: 2020 to June 2025
  • Occupancy: from 1 July 2025 (phased)
  • Occupancy rate: 97% residential
  • Investment volume: approx. CHF 306 million
  • Joint ownership: 50% UBS «Siat», 50% UBS Mixed Urban

UBS «Siat» focuses on residential properties with sustainable income strength and long-term value development. The new Tivoli Garden development therefore fully meets the fund’s investment preferences in terms of yield, mix of uses and building quality. The project makes a positive contribution to strengthening sustainable earnings, rejuvenating the portfolio and driving its targeted further development.

For UBS Mixed Urban, which was merged as of 1 April 2026, this project is also of central importance due to its income-generating strength. The fund stands for sustainable real estate for living, working and everyday life in urban locations across Switzerland and consistently continues the investment strategies of its two predecessor funds (formerly UBS Direct Urban and UBS Green Property).1

Marcin Paszkowski

Marcin Paszkowski
Fund Manager a. i. since 2026

UBS «Siat»

UBS (CH) Property Fund - Swiss Residential «Siat»
Valor 1 291 370

Stephan Pellegrini

Stephan Pellegrini
Fund Manager since 2015

UBS Mixed Urban

UBS (CH) Property Fund – Mixed Urban
Valor 1 007 784 4

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