24.11.2017 – 07:09

Cham Paper Group Holding AG

EQS-News: Cham Paper Group launches architectural study assignment procedure for Papieri site

EQS Group-News: Cham Paper Group Holding AG / Key word(s): Miscellaneous
Cham Paper Group launches architectural study assignment procedure for  Papieri
site

24.11.2017 / 07:00

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Cham, 24 November 2017

Cham Paper Group launches architectural study assignment procedure for
Papieri site
 

In January 2018, the Cham Paper Group will simultaneously start two
architectural study assignment procedures for the first two partial stages of
the development of the Papieri site (papieri-cham.ch). With these two stages,
around 80 owner-occupied and 130 rented apartments as well as 30 budget-priced
residential units will be realized over a staggered period of time, which -
together with approx. 9,000 m2of service and commercial space - are expected to
be ready for occupancy from 2021 onwards.
 

For each of the two partial stages, five invited architectural offices will draw
up concrete project proposals. After the summer holidays 2018, the best
submissions will be selected so that appropriate building applications can then
be prepared and submitted to the authorities.
 

The preconditions for this next step in area development were created by the
approvals of the zoning plan and the rezoning of the Papieri site, which were
granted by the government council of the Canton of Zug in October 2017.
 

At the beginning of October 2017, Cham Paper Group Schweiz AG additionally
transferred the entire real estate business with asset transfer agreement to its
subsidiary Cham Immobilien AG, Cham.
 

For questions about the architectural study assignment:
Cham Immobilien AG
Andreas Friederich
E-Mail:friederich.andreas@cham-group.com
Phone: +41 41 785 33 74 / +41 79 643 27 05


For general information:
Media and IR office Cham Paper Group Holding AG
Edwin van der Geest
E-Mail:media@cham-group.comorinvestor@cham-group.com
Phone +41 43 268 32 32 / +41 79 330 55 22
Valor / ISIN / Ticker: registered shares Cham Paper Group Holding AG 193 185 /
CH0001931853 / CPGN


Cham Paper Group
The Cham Paper Group is a leading manufacturer of coated speciality papers.
Surface finishing lends papers properties that generate value added for its
customers. The company, which was founded in 1657, has three sites, one in
Switzerland (Cham) and two in Italy (Carmignano and Condino), and a global sales
network.
The decision to focus on development and sales and discontinue paper
manufacturing in Switzerland has made way for a new project on the factory site
in the centre of Cham. The Cham Paper Group is developing an eleven-hectare
quarter there called the Papieri site.
The Cham Paper Group (stock exchange symbol: CPGN) is listed on Switzerland's
SIX Swiss Exchange.


Disclaimer
This communication may contain statements about the future that use words such
as, for example, "believe", "assume", "expect" and other similar expressions.
Such statements about the future are subject to risks, uncertainties, and other
factors, which can cause the true results of the company to differ significantly
from that which is expressly or implicitly assumed in these statements. In view
of these uncertainties, the reader should not depend on this type of statement
about the future. The company gives no undertaking whatever to update such
statements regarding the future, or to adapt them to future events or
developments.

This press release is issued in English and German. The German version is
binding.
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Additional features:

Document:http://n.eqs.com/c/fncls.ssp?u=IFXBDGUQQJ
Document title: CPGN_Papieri_Areal_24.11.2017

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End of Corporate News
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Language: English

Company:  Cham Paper Group Holding AG

          Fabrikstrasse

          6330 Cham

          Switzerland

Phone:    +41 41 785 33 33

Fax:      +41 41 785 31 50

E-mail:    mail.cham@cham-group.com

Internet: www.cham-group.com

ISIN:     CH0001931853

Valor:    -

Listed:   SIX Swiss Exchange



 

End of News EQS Group News Service

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