New Geneva district to contain 80 percent rental apartments
Published: Sunday, Mar 3rd 2024, 14:20
العودة إلى البث المباشر
The proportion of condominiums in the new Praille-Acacias-Vernets district of Geneva is not to be increased. According to the preliminary results, voters on Sunday clearly said no to the two laws proposed by the new right-wing parliamentary majority.
The left-wing party had launched a referendum against the bills. The law to increase the minimum proportion of condominium ownership (PPE) to 24% was rejected with 57% of the vote. The law stipulating the modalities of PPE under building law was also rejected with 56.5% of the vote.
With this double "no" to two very technical texts, the people of Geneva confirmed the agreement approved in the 2018 referendum, which provides for more than 80% rental apartments in the new Praille-Acacias-Vernets district. A completely new district with around 12,000 new apartments is to be built on the 230-hectare site south-west of Geneva city center over the next few decades. While the middle classes wanted to increase the proportion of condominiums, the left and tenants' associations demanded sufficient rental apartments.
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