Icono high-rise project: 155 new rental apartments in Olten

Icono will be realized as a cosmos of living and working across 13 floors in an attractive location

The newly emerging Bahnhof Nord district in Olten will be enriched by a new building complex: Icono is characterized by high recognition, forms the entrance gate into the new neighborhood, and makes a real statement for the town of Olten.

The 1st floor has a planned retail area of 630 m². On the 2nd and 3rd floors, office space totaling 1790 m², is available, in addition to which 3 underground floors are planned. The underground parking garage has space for 70 vehicles. The 10 other floors contain rental apartments, all with large windows and intelligent floor plans. The 1.5- to 4.5-room apartments offer space for different lifestyles and individual needs.

With 155 rental apartments, 2 office floors and the retail floor, the building is almost 46 meters high. This makes Icono the second-tallest building of the ten high-rises in the town of Olten. Icono lives at the nexus of the railroad tracks on one side and direct access to the Aare river on the other. In between is the newly created microcosmos with shopping facilities, cafés and bistros. The ideal place for anyone who appreciates Olten’s wide range of amenities, its proximity to nature and the train station on its doorstep. The newly planned station square in Olten also contributes to the attractive location of the property.

The CSA RES Residential investment group invests directly in residential real estate throughout Switzerland. The main selection criteria are the macro and micro location, the economic environment and the infrastructure, such as good accessibility by public and private transportation, schools and shopping facilities in the respective location. The realization of Icono, with an investment volume of CHF 89.5 million, therefore fits perfectly into the investment strategy of the investment group, which is characterized by sensible usage concepts and market-driven rents.

Only tax-exempt pension funds domiciled in Switzerland are admitted as direct investors in accordance with the investment foundation’s charter.