Acquisition of properties
Juwo endeavours to create long-term, affordable housing for young people pursuing their studies or an apprenticeship. It is able to offer this service as it owns various properties. On behalf of its foundation, Jugendwohnnetz acquires dwellings by purchase or building rights. Where necessary, minor renovations are carried out cost-effectively and sustainably. The property is acquired at a fair market price. Maintenance and renovations are carried out by experts. The foundation rents out its properties to the Jugendwohnnetz association, which takes on responsibility for all the administrative work.
"We don’t want tenants to live anonymously in our residences."Esther Ineichen, ABZ Allgemeine Baugenossenschaft Zürich