The innovative running shoes brand On is rapidly growing and will open its new headquarter in a state-of-the art property early 2021. Through this letting, PSP Swiss Property achieves another important step in optimising its Zurich West portfolio.

As known, the two existing properties located at Förrlibuckstrasse 178/180 and Hardturm-strasse 181/183/185 will be replaced by a new construction named 'ATMOS' (former 'Orion'). PSP Swiss Property is investing approximately CHF 130 million. Construction will last until the beginning of 2021. On will move into 10'600 m2 office and commercial space, thus will have its headquarter at this location.

The new commercial property consisting of 23'600 m2 letting space, strengthens the position of PSP Swiss Property in Zurich West. Following the On lease, 45% of the space is already pre-let. In cooperation with CBRE, the letting activities are launched today following the laying of the foundation stone of the new building.

Visualisation ATMOS

Further information

PSP Swiss Property

Christoph Sättler, Asset Manager · Phone +41 (0)44 625 59 21 · Mobile +41 (0)79 375 90 94

Vasco Cecchini, CCO · Phone +41 (0)44 625 57 23 · Mobile +41 (0)79 650 84 32

On

Vesna Stimac, Media Relations · Tel. +41 (0)44 225 15 55 · Email vesna@on-running.com

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PSP Swiss Property AG published this content on 04 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 October 2018 05:07:03 UTC