List of properties

Place | Form of ownership 1 | Ownership share in % | Year of construction | Year of refurbishment | Plot area m2 | Residential m2 | Office in m2 | Retail in m2 | Hotel/catering in m2 | Storage in m2 | Miscellaneous in m2 | Total rentable area in m2 | Total no. of parking spaces | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Investment properties | ||||||||||||||
Zug City Center site | ||||||||||||||
Baarerstrasse 20–22 (Metalli I/II, Zug Estates share) | Zug | CO | 72.25 | 1987/1991 | – | 16 419 | 8 170 | 12 169 | 17 886 | 862 | 4 377 | 905 | 44 369 | 519 |
Baarerstrasse 14a (Metalli III) | Zug | SO | 100 | 1995 | – | 4 843 | 270 | 5 325 | 3 086 | 0 | 3 626 | 0 | 12 307 | 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 | 13 473 | 8 222 | 0 | 0 | 0 | 11 | 38 | 8 271 | 68 |
Total Zug City Center site | 45 342 | 21 775 | 20 841 | 21 353 | 1 323 | 9 082 | 1 002 | 75 376 | 885 | |||||
Suurstoffi site | ||||||||||||||
Suurstoffi 3–5, 9, 13–17 | Rotkreuz | SO | 100 | 2011/2012 | – | 19 370 | 14 546 | 0 | 0 | 0 | 0 | 19 | 14 565 | 282 |
Suurstoffi 7, 11 (Alte Suurstoffi) | 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) | Rotkreuz | SO | 100 | 2013 | – | 11 961 | 10 094 | 3 590 | 0 | 0 | 159 | 0 | 13 843 | 311 |
Suurstoffi 14 (construction site 5, buildings C) | Rotkreuz | SO | 100 | 2013 | – | 2 290 | 0 | 8 177 | 0 | 0 | 448 | 0 | 8 625 | 37 |
Suurstoffi 41 | Rotkreuz | SO | 100 | 2014 | – | 6 430 | 0 | 5 988 | 0 | 0 | 489 | 0 | 6 477 | 65 |
Total Suurstoffi site Other | 42 731 | 24 640 | 17 755 | 0 | 0 | 1 096 | 539 | 44 030 | 695 | |||||
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 | 718 | 0 | 0 | 0 | 0 | 105 | 823 | 10 |
Industriestrasse 8 | Oberentfelden | SO | 100 | 1956 | 1974 | 20 551 | 0 | 1 212 | 0 | 141 | 6 094 | 6 457 | 13 904 | 105 |
Total other | 25 044 | 1 221 | 1 910 | 0 | 141 | 6 127 | 6 562 | 15 961 | 144 | |||||
Total investment properties (excl. properties under construction) | 113 117 | 47 636 | 40 506 | 21 353 | 1 464 | 16 305 | 8 103 | 135 367 | 1 724 | |||||
Investment properties under construction | ||||||||||||||
Suurstoffi West (construction site 3) | Rotkreuz | SO | 100 | 2014/2015 | – | 18 770 | 10 312 | 0 | 0 | 0 | 0 | 0 | 10 312 | 413 |
Total investment properties under construction | 18 770 | 10 312 | 0 | 0 | 0 | 0 | 0 | 10 312 | 413 | |||||
Undeveloped plots | ||||||||||||||
Suurstoffi site | Rotkreuz | SO | 100 | – | – | 42 539 | – | – | – | – | – | – | – | – |
Total undeveloped plots | 42 539 | – | – | – | – | – | – | – | – | |||||
Total real estate portfolio 3 | 174 426 | 47 636 | 40 506 | 21 353 | 1 464 | 16 305 | 8 103 | 135 367 | 1 724 | |||||
Operating properties 3, 4 | Zug | SO/C | 100 | – | – | 12 871 | 1 879 | 860 | 0 | 13 002 | 277 | 0 | 16 018 | 178 |
Total Portfolio | 187 297 | 49 515 | 41 366 | 21 353 | 14 466 | 16 582 | 8 103 | 151 385 | 1 902 | |||||
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 31.12.2014 | Book
value 31.12.2013 | Projected rental revenue 31.12.2014 | Projected
rental revenue 31.12.2013 | Vacancy
rate 31.12.2014 | Vacancy
rate 31.12.2013 |
---|---|---|---|---|---|---|
Zug City Center site, Zug | 621 948 | 584 587 | 28 873 | 27 110 | 1.6 | 1.7 |
Suurstoffi site, Risch Rotkreuz | 255 738 | 227 090 | 12 654 | 11 133 | 11.5 | 5.6 |
Other | 22 590 | 24 190 | 1 432 | 1 515 | 0.5 | 0.4 |
Investment properties | 900 276 | 835 867 | 42 959 | 39 758 | 4.4 | 2.7 |
Inv. properties under construction, at fair value | 77 460 | 35 640 | – | – | – | – |
Inv. properties under construction, at production cost | 17 311 | 11 383 | – | – | – | – |
Undeveloped plots | 9 269 | 9 269 | – | – | – | – |
Total real estate portfolio | 1 004 316 | 892 159 | 42 959 | 39 758 | 4.4 | 2.7 |
Operating properties 1 | 39 090 | 41 045 | – | – | – | – |
Total portfolio | 1 043 406 | 933 204 | – | – | – | – |
1 Wüest & Partner AG estimated the fair value as at December 31, 2014 at TCHF 106 724 (previous year: TCHF 106 507). |
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.
During the first phase, completed in spring 2013, around 13 000 m2 of commercial space and 228 rental apartments were created. In a second development phase, with an investment volume of approx. CHF 100 million, an office building with approx. 6 000 m2 of rental space was completed in mid-2014 and 156 apartments are close to completion.
Project status
The first construction phase has been completed, The second construction phase is about to be completed. The construction of the office block
(around 6 000 m2 of rental space) was started in April 2013 and successfully completed in summer 2014. SIS Swiss International School rents additional
space here. In July 2013, work commenced on the construction of nine apartment blocks with a total of 145 rental and 11 owner-occupied apartments.
The construction of the residential properties will be completed shortly and the apartments will be handed over to the residents in spring 2015.
in % | 31.12.2014 | 31.12.2013 |
---|---|---|
Occupancy level by floor area (commercial units) or number (residential units) | ||
Suurstoffi 41 (office building east) | 45 | 45 |
Suurstoffi 19–35 (construction site 3) | 100 | 30 |
Completion | ||
Suurstoffi 41 (office building east) | completed | |
Suurstoffi 19–35 (construction site 3) | Spring 2015 |