Loan for Albani Music Club
The City of Winterthur is granting the Albani Music Club an interest-free loan of CHF 100,000 for the purchase of the property at Steinberggasse 16, thus helping to secure the Albani's long-term existence.
The City Council supports the efforts of Albani Music Club AG and the Albani Music Club Association to secure the long-term existence of the music club by acquiring the property at Steinberggasse 16. Albani Music Club AG has since exercised its right of first refusal and acquired the building in November. It is now planned to set up a real estate company to take over the property.
In addition to private investors, the Albani Music Club Association will also be a shareholder in this real estate company. To financially support this investment, the Albani Music Club Association will be granted an interest-free loan of CHF 100,000, which is to be repaid in annual installments of CHF 10,000 from 2026.
