Portfolio in general

The Zug Estates Group conceives,  develops, markets and manages properties in the Zug region. It focuses on central sites which are suitable for a wide range of uses and allow sustainable development. The real estate portfolio comprises the two sites in Zug and Risch Rotkreuz. As at December 31, 2019, the total portfolio value was CHF 1.63 billion.

Portfolio by site

Based on fair value as at 31.12.2019

Portfolio by use

Based on proj. rental revenue (1) as at 31.12.2019

Key data at December 31, 2019

Zug City Center siteSuurstoffi site
Site area58 737 m²105 657 m²
Market value 2, 3CHF 823.0 millionCHF 773.6 million
Book valueCHF 737.2 millionCHF 773.6 million
Vacancy rate1.0% (previous year: 1.3%)5.3% (previous year: 4.8%)
Projected rental income investment properties 2 CHF 28.9 millionCHF 31.7 million
Gross return on investment properties4.1%4.3%
Residentsaround 700around 1 200
Workplacesaround 2 000around 1 800
Local amenitiesMetalli shopping mall with approx. 16 000 m² of accessible sales area and annual turnover of about CHF 160 million, plus hotel resort with 250 accommodation units, a wide variety of catering, healthcare, childcare, educational, training and youth cultural facilitiesEducation (private bilingual school), university, childcare, fitness center, mobility, catering, coworking, shops and other local facilities in town

1From point of view of real estate business unit

2Due proportion of fair value and projected rental revenue for (co-owned) property at Baarerstrasse 20–22, Zug

3Includes fair value of operating properties