27.07.2017 – 06:59

Zug Estates Holding AG

EQS-News: Zug Estates Holding AG: Building permission for university campus legally binding

EQS Group-News: Zug Estates Holding AG / Key word(s): Real Estate
Zug Estates Holding AG: Building permission for university campus legally
binding

27.07.2017 / 06:55
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Permission for the construction of the university campus at the Suurstoffi site
in Rotkreuz is legally binding. No complaints were received within the 20-day
deadline to the permission granted by the Risch municipal council. Construction
on the Suurstoffi campus for the University of Lucerne can thus commence.
Completion is scheduled for summer 2019.

The development plan for Suurstoffi West was accepted on November 29, 2016 by
the Risch Municipal Assembly and approved on March 28, 2017 by the Cantonal
Government of Canton Zug.

The Suurstoffi site, next to Rotkreuz station, will thus be home to a
sustainable mixed-use district with space for around 1,500 inhabitants, around
2,000 students and over 2,500 jobs.


Key dates:
Sept. 1, 2017 | Publication of results for the first half of 2017
Sept. 7, 2017 | Sustainability forum and Sustainability Report
March 9, 2018 | Publication of Annual Report 2017
April 10, 2018 | Annual general meeting of shareholders

For further information, please contact:
Tobias Achermann, CEO,  tobias.achermann@zugestates.ch, T +41 (0)41 729 10 10

About Zug Estates:
The Zug Estates Group conceives, develops, markets and manages properties in the
Zug region. It focuses on centrally located sites suitable for a wide range of
uses and with potential for sustainable development. A large part of the real
estate portfolio is located at two sites in Zug and Risch Rotkreuz and is
broadly diversified by type of use. The Group also runs a city resort in Zug
incorporating the two leading business hotels Parkhotel Zug and City Garden,
augmented by a range of restaurant outlets. As at December 31, 2016, the total
portfolio value was CHF 1.3 million.
Zug Estates Holding AG is listed on the SIX Swiss Exchange, Zurich, (ticker
symbol: ZUGN; securities number: 14 805 212).
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Additional features:

Document:http://n.eqs.com/c/fncls.ssp?u=SAXXCEHVIF
Document title: Press release

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End of Corporate News
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Language: English

Company:  Zug Estates Holding AG

          Industriestrasse 12

          6300 Zug

          Switzerland

Phone:    +41 41 729 10 10

E-mail:    ir@zugestates.ch

Internet: www.zugestates.ch

ISIN:     CH0148052126, CH0148052118

Valor:    A1J0M6

Listed:   Regulated Unofficial Market in Stuttgart; Open Market in Frankfurt;
SIX Swiss Exchange



 

End of News EQS Group News Service

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595827  27.07.2017