The Vita Collective Foundation has already invested a total of around 100 million Swiss francs in "Assisted Living – Living with Service" for the period after retirement in Bazenheid (SG) in 2018 and in Ilanz (GR) in 2019. Three more projects are now being added in Wetzikon, St. Gallen and Winterthur, which are being built in cooperation with the DOMUM housing cooperative. A further 100 million Swiss francs is being invested in nine apartment buildings with a total of 121 apartments. The residential and operational concept focuses on the target group of younger seniors aged 60 and over in a mix of tenants together with younger single and family households. A ‘settlement assistance’ acts as a point of contact and coordinates support and care services. The apartment buildings in Wetzikon should be ready for occupancy in October 2021, the buildings in St. Gallen from September 2022 and in those Winterthur from December 2023.
Sustainable investment in future living space
In addition to its core business of occupational retirement provision, the Vita Collective Foundation is committed to issues that are relevant to society as a whole. As a responsible investor, it works together with local partners to develop and shape future living spaces. Doris Neuhäusler, Project Manager for Strategic Real Estate Projects Switzerland: "We provide seniors with access to age-appropriate and affordable housing. We're also easing the burden on municipalities with regard to funding long-term nursing care." The Vita Collective Foundation pays attention to ecological sustainability in its construction methods. These generate heat with heat pumps and geothermal probes and an ensure an infrastructure for e-mobility. In addition, the multi-family houses and apartments are certified according to the LEA (Living Every Age) standard.
Cooperation with experienced partner
For the project development and operation of the new housing projects in Wetzikon, St. Gallen and Winterthur, the Vita Collective Foundation is working together with the DOMUM housing cooperative. "The Vita Collective Foundation is an important strategic partner," says Elisabeth Villiger, president of the DOMUM housing cooperative’s Executive Board. "We pursue the common goal of implementing intergenerational living concepts together." If the needs of a DOMUM apartment’s tenant change as they get older and they require care services, for example, they can move to a seniors’ center run by the Oase Group, as the two organizations share the same management. The Oase Group operates several locations in Switzerland with advanced residential concepts in the area of living after retirement.