List of properties

Place | Form of ownership 1 | Ownership share in % | Year of construction | Year of refurbishment | Plot area m2 | Residential m2 | Office m2 | Retail m2 | Hotel/catering m2 | Storage m2 | Miscellaneous m2 | Total rentable area m2 | Total no. of parking spaces | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investment properties | ||||||||||||||
Metalli/Zug City Center site | ||||||||||||||
Baarerstrasse 20–22 (Metalli I/II, Zug Estates share) | Zug | CO | 72.25 | 1987/1991 | 16 419 | 8 130 | 12 169 | 17 886 | 862 | 4 520 | 762 | 44 329 | 519 | |
Baarerstrasse 14a (Metalli III) | Zug | SO | 100 | 1995 | 4 843 | 270 | 5 375 | 2 916 | 149 | 3 618 | 8 | 12 336 | 121 | |
Industriestrasse 13a/c (Metalli IV) | Zug | SO | 100 | 1995 | 2 155 | 1 965 | 1 634 | 381 | 461 | 708 | 0 | 5 149 | 93 | |
Industriestrasse 16 (leasehold) ² | Zug | LHP | 100 | – | 3 200 | – | – | – | – | – | – | – | – | |
Industriestrasse 18 | Zug | SO | 100 | 1992 | 1 637 | 0 | 1 713 | 0 | 0 | 360 | 0 | 2 073 | 30 | |
Haldenstrasse 12–16 (Haldenhof) | Zug | SO | 100 | 2009 | 3 615 | 3 148 | 0 | 0 | 0 | 0 | 59 | 3 207 | 54 | |
Residential development Haldenstrasse/Metallstrasse | Zug | SO | 100 | 1910–1991 | 1986–1989 | 13 589 | 8 222 | 0 | 0 | 0 | 11 | 38 | 8 271 | 68 |
Total Metalli/Zug City Center site | 45 343 | 21 735 | 20 891 | 21 183 | 1 472 | 9 217 | 867 | 75 365 | 885 | |||||
Suurstoffi site | ||||||||||||||
Suurstoffi 5, 9, 13–17 | Risch Rotkreuz | SO | 100 | 2011/2012 | 15 503 | 11 336 | 0 | 0 | 0 | 0 | 19 | 11 355 | 245 | |
Suurstoffi 19–35 | Risch Rotkreuz | SO | 1000 | 2014/2015 | 12 417 | 10 278 | 0 | 0 | 0 | 35 | 0 | 10 313 | 399 | |
Suurstoffi 7, 11 (Alte Suurstoffi) | Risch Rotkreuz | SO | 100 | ca. 1926 | 2012 | 2 680 | 0 | 0 | 0 | 0 | 0 | 520 | 520 | 0 |
Suurstoffi 8–12 (construction site 5, buildings A+B) | Risch Rotkreuz | SO | 100 | 2013 | 15 237 | 10 095 | 86 | 0 | 0 | 294 | 3 742 | 14 217 | 312 | |
Suurstoffi 14 (construction site 5, building C) | Risch Rotkreuz | SO | 100 | 2013 | 8 359 | 0 | 8 527 | 0 | 0 | 621 | 0 | 9 148 | 37 | |
Suurstoffi 41 | Risch Rotkreuz | SO | 100 | 2014 | 3 496 | 0 | 5 988 | 0 | 0 | 489 | 0 | 6 477 | 65 | |
Total Suurstoffi site | 57 692 | 31 709 | 14 601 | 0 | 0 | 1 439 | 4 281 | 52 030 | 1 058 | |||||
Other | ||||||||||||||
Hofstrasse 1a/b | Zug | SO | 100 | 1971 | 2 806 | 503 | 698 | 0 | 0 | 33 | 0 | 1 234 | 29 | |
Rote Trotte 14–16 | Baar | C | 100 | 2007 | 1 687 | 416 | 0 | 0 | 0 | 0 | 31 | 447 | 6 | |
Total other | 4 493 | 919 | 698 | 0 | 0 | 33 | 31 | 1 681 | 35 | |||||
Total investment properties (excl. properties under construction) | 107 528 | 54 363 | 36 190 | 21 183 | 1 472 | 10 689 | 5 179 | 129 076 | 1 978 | |||||
Investment properties under construction | ||||||||||||||
Suurstoffi 16–20 | Risch Rotkreuz | SO | 100 | 2016/2017 | 14 098 | 13 275 | 9 282 | 0 | 0 | 0 | 667 | 23 224 | 167 | |
Suurstoffi Rotkreuz campus of HSLU | Risch Rotkreuz | SO | 100 | 8 491 | – | – | – | – | – | – | – | – | ||
Total investment properties under construction | 22 589 | 13 275 | 9 282 | 0 | 0 | 0 | 667 | 23 224 | 167 | |||||
Undeveloped plots | ||||||||||||||
Suurstoffi site | Risch Rotkreuz | SO | 100 | 25 060 | – | – | – | – | – | – | – | – | ||
Total undeveloped plots | 25 060 | – | – | – | – | – | – | – | – | |||||
Total real estate portfolio 3 | 155 177 | 54 363 | 36 190 | 21 183 | 1 472 | 10 689 | 5 179 | 129 076 | 1 978 | |||||
Operating properties 3, 4 | Zug | SO/C | 100 | 12 871 | 1 879 | 873 | 0 | 13 002 | 277 | 0 | 16 031 | 178 | ||
Total portfolio | 168 048 | 56 242 | 37 063 | 21 183 | 14 474 | 10 966 | 5 179 | 145 107 | 2 156 | |||||
1 SO: sole ownership; LHP: leasehold plot; CO: co-ownership; C: condominium 2 Zug Estates AG is the ground lessor 3 Information on floor space and number of parking spaces excludes properties under construction 4 The following properties located in Zug served completely or partly as operating properties: Industriestrasse 14 (Parkhotel Zug), Industriestrasse 16 (Résidence), Metallstrasse 20 (Hotel City Garden), Haldenstrasse 9, 10, 11 (serviced city apartments), Baarerstrasse 30 (Restaurant Bären) and Industriestrasse 12 (Zug Estates offices) |
Additional information
in CHF thousands or % | Book value 31.12.2015 | Book value 31.12.2014 | Projected rental revenue 31.12.2015 | Projected rental revenue 31.12.2014 | Vacancy rate 31.12.2015 | Vacancy rate 31.12.2014 |
---|---|---|---|---|---|---|
Metalli/Zug City Center site, Zug | 665 797 | 621 948 | 28 598 | 28 873 | 1.8 | 1.6 |
Suurstoffi site, Risch Rotkreuz | 334 573 | 255 738 | 15 348 | 12 654 | 12.3 | 11.5 |
Other | 13 146 | 22 590 | 539 | 1 432 | 0.6 | 0.5 |
Investment properties | 1 013 516 | 900 276 | 44 485 | 42 959 | 5.4 | 4.4 |
Investment properties under construction | 57 723 | 94 771 | – | – | – | – |
Undeveloped plots | 4 008 | 9 269 | ||||
Total real estate portfolio | 1 075 247 | 1 004 316 | 44 485 | 42 959 | 5.4 | 4.4 |
Operating properties 1 | 38 008 | 39 090 | – | – | – | – |
Total portfolio | 1 113 255 | 1 043 406 | – | – | – | – |
1 Wüest & Partner AG estimated the fair value as at December 31, 2015 at TCHF 113 693 (previous year: TCHF 106 724). |
Additional information on Suurstoffi development project, Risch Rotkreuz
Project description
A mixed-use development with approx. 150 000 m2 GFA is to be built in several phases on the Suurstoffi site (approx. 100 000 m2) near Rotkreuz railway
station. The development will, essentially, become part of the Group portfolio.
The first two construction phases have been completed, with some 19 000 m2 of commercial space and 400 apartments built and handed over to users.
Project status
Work on the third phase in the eastern part of the Suurstoffi site commenced on schedule in fall 2015. With a planned investment volume of approx.
CHF 110 million, 152 rental apartments and 52 rooms for students of Lucerne University of Applied Sciences and Arts (HSLU) will be built, in addition to
some 9 000 m2 of commercial space. Some 38% of the commercial space has been leased to the market research company GfK, which will have a presence on the Suurstoffi site with about 200 employees from fall 2017 onward.
Occupancy level by floor area (commercial units) or number (residential units) | 31.12.2015 | 31.12.2014 | |
---|---|---|---|
Suurstoffi 16–20 | Residential | 0% | – |
Commercial | 38% | – | |
Completion | |||
Suurstoffi 16–20 | Autumn 2017 |