What Do You Know About Switzerland's Biggest Building?
Switzerland’s biggest building was constructed more than 60 years ago!
Le Lignon’s central building measures over one kilometre in length, 2,780 homes and 84 streets.
It is the largest rental complex in Switzerland.
There is a real quality of life in this neighbourhood of 6,500 inhabitants.
Genevan developer and architect, Georges Addor, head of this project which was originally intended to house up to 10,000 people.
Everything about the story of Le Lignon is impressive.
To start with, the project was set up in record time.
It is 5 kilometres from the centre of Vernier.
There was space to build in the area designated by the canton for development without creating an urban sprawl.
During the first stage, between 1963 and 1967, 1,846 apartments were completed.
The creation was modern and functional.
The canton and the municipality of Vernier aimed for social diversity.
The great snake of Le Lignon, with its streets sloping gently towards the Rh?ne, offers identically designed apartments, whether for social housing or private ownership.
All of the properties offer front and rear views.
The prices vary depending on size and floor.
A six-room apartment is costing 2,800 francs per month in rental fees.
Georges Addor built upwards and in a line in order to make the most of the 280,000 square metres of land available for the whole project, with an identical area of habitable floor space at the end.
The central building is not just long, but also very high, reaching 50 metres at some points.
Until the 1990s, the higher of Le Lignon’s two towers was the biggest in Switzerland.
Le Lignon is a town set in the countryside.
It allows its inhabitants autonomy.
At the heart of Le Lignon is a shopping centre on one floor.
There is everything there that you could need: a tea-room, a restaurant, a bar, a cobbler, a hairdresser, a post office, a butcher and a clinic.
There is also a protestant parish building, a catholic church, a multi-sports ground, a games library, a space for teenagers and two school groups.?
We show how mortgage Real Estate Investment Trusts, the world's best asset class, closed Wednesday, July 26, 2023 with our optimized quant pooling index approach in dividing the index into four elements:
Fire: Our top 10 performers achieved a one day performance of 2.81% on Wednesday, July 26, 2023 with an average annual dividend yield of 11.92%
Water: Our 10 best mREIT components according to their dividend yields achieved a one day performance of 1.34% on Wednesday, July 26, 2023 with an average annual dividend yield of 14.52%
Earth: Our top 10 best mREIT components according to their market capitalization reached a one day performance of 1.56% on Wednesday, July 26, 2023 with an average annual dividend yield of 9.63%
Air: All our 38 mREIT components reached a one day performance of 1.40% on Wednesday, July 26, 2023 with an average annual dividend yield of 10.97%
The average dividend yield of our four elements of our mREITs is 11.76%
As US Inflation, from July 2022 to June 2023 was 3%, our average cash flow without inflation would have been +8.76%.
Our weighted mREIT ETN and ETFs reached a one day performance of 1.60% on Wednesday, July 26, 2023 with an average annual dividend yield of 14.91%.
We consider that the creation of individual prototype portfolios with our optimized quant pooling approach that includes all 38 elements of mortgage Real Estate Investment Trusts would outperform weighted mortgage Real Estate Investment Trusts Exchange-Traded Funds and mortgage Real Estate Investment Trusts Exchange-Traded Notes.
We also consider that decentralized real assets cooperatives that would be organized like the world's biggest asset management cooperative that is the Vanguard Group could help local commuity members to get better annuities and to shift them into perpetuities.
We wish you all a great and happy Thursday!
Kind regards
Lucas