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    SPSN   CH0008038389

SWISS PRIME SITE AG

(SPSN)
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EQS-Adhoc: Alto Pont-Rouge: foundation stone ceremony for pioneering project in Geneva

05/04/2021 | 11:34am EDT
EQS Group-Ad-hoc: Swiss Prime Site AG / Key word(s): Real Estate 
Alto Pont-Rouge: foundation stone ceremony for pioneering project in Geneva 
04-May-2021 / 17:31 CET/CEST 
Release of an ad hoc announcement pursuant to Art. 53 KR 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
PRESS RELEASE 
Olten, 4 May 2021 
  . First milestone reached in Alto Pont-Rouge project 
  . Attractive urban development in a prime location 
First milestone reached in Alto Pont-Rouge project 
From 2021 to 2023, Swiss Prime Site Immobilien will be developing a modern services building complex in the Pont-Rouge 
district, an up-and-coming and incredibly dynamic area of Lancy near Geneva. What makes the urban district so notable 
is its character and particularly its proximity to Geneva, offering an additional transit and business hub for the 
greater region. Swiss Prime Site Immobilien is developing a 15-storey building on the plot directly adjacent to the 
Lancy-Pont-Rouge railway station. It will offer roughly 30 000 m^2 of extremely versatile office and commercial space 
that will satisfy the latest demands for modern working environments. The project will also be certified to meet Swiss 
Sustainable Building Standards (SNBS), thus helping to reduce the company's carbon footprint. Jean Megow, Head Region 
West Swiss Prime Site Immobilien, commented: «Despite the pandemic situation, we were able to lay the foundation stone 
for our Alto Pont-Rouge project as planned on 29 April 2021, making it an unforgettable event. This marks the beginning 
of one of the most important and largest development projects we've undertaken in Western Switzerland in recent 
years.» 
Attractive urban development in a prime location 
Pont-Rouge is the first major construction phase of Geneva's ambitious Praille-Acacias-Vernets (PAV) development area. 
The former industrial space spanning an area of 230 hectares is transforming into a new urban district. In 20 years' 
time, around 50 000 people will be living and working here. The new Lancy-Pont-Rouge railway station was inaugurated in 
December 2017, marking the starting point for the redevelopment of the area. Since 2019, the Léman Express has been 
serving the station and surrounding area that will be home to Swiss Prime Site's Immobilien future Alto Pont-Rouge 
building. «With its position on a direct rail line connecting Geneva and neighbouring France, Lancy is a promising new 
urban centre. Trains run up to six times an hour in each direction, and the journey to Geneva's main station Cornavin 
takes just five minutes. These are all hugely attractive aspects that explain why many large and smaller businesses and 
sectors are attracted to the area», commented Jean Megow. The marketing has already started. Some rental contracts, 
including one with a co-working provider, have already been signed. 
Find out more about the Alto Pont-Rouge project here. 
If you have any questions, please contact: 
 
Mladen Tomic, Media Relations 
Tel. +41 58 317 17 42, mladen.tomic@sps.swiss 
 
Jean Megow, Head Region West Swiss Prime Site Immobilien 
Tel. +41 58 317 17 62, jean.megow@sps.swiss 
=---------------------------------------------------------------------------------------------------------------------- 
End of ad hoc announcement 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Swiss Prime Site AG 
              Frohburgstrasse 1 
              4601 Olten 
              Switzerland 
Phone:        +41 (0)58 317 17 64 
E-mail:       markus.waeber@sps.swiss 
Internet:     www.sps.swiss 
ISIN:         CH0008038389 
Listed:       SIX Swiss Exchange 
EQS News ID:  1192474 
 
End of Announcement EQS Group News Service 
=------------ 

1192474 04-May-2021 CET/CEST

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1192474&application_name=news 
 

(END) Dow Jones Newswires

May 04, 2021 11:33 ET (15:33 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 0.10% 34798 Delayed Quote.13.59%
LANCY CO., LTD. 3.14% 30.9 End-of-day quote.25.46%
SWISS PRIME SITE AG -0.43% 92.85 Delayed Quote.6.85%
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Financials
Sales 2021 856 M 925 M 925 M
Net income 2021 427 M 461 M 461 M
Net Debt 2021 5 162 M 5 582 M 5 582 M
P/E ratio 2021 16,7x
Yield 2021 3,58%
Capitalization 7 054 M 7 623 M 7 627 M
EV / Sales 2021 14,3x
EV / Sales 2022 15,1x
Nbr of Employees 1 455
Free-Float 99,8%
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Mean consensus HOLD
Number of Analysts 6
Last Close Price 92,85 CHF
Average target price 98,80 CHF
Spread / Average Target 6,41%
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Managers and Directors
RenÚ Zahnd Chief Executive Officer
Markus Meier Chief Financial Officer
Ton BŘchner Chairman-Supervisory Board
Christopher Michael Chambers Member-Supervisory Board
Mario F. Seris Vice Chairman-Supervisory Board