Brief SPS - Vorlage

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

MEDIA RELEASE

Olten, 9 June 2016

Swiss Prime Site acquires the Swiss headquarters of Partners Group in Baar as well as Schönbühl shopping centre in Lucerne Swiss Prime Site, Switzerland's leading real estate company, has acquired the Swiss headquarters of Partners Group - a globally active private markets investment manager. In addition, Swiss Prime Site has acquired the Schönbühl shopping centre in Lucerne.

The Swiss headquarters of Partners Group, located at Zugerstrasse 57 in Baar, has now been acquired by Swiss Prime Site AG. The contract was signed on 11 May 2016, while the transfer of ownership took place on 3 June 2016. The Swiss headquarters of Partners Group currently spans an area of more than 8 300 square metres of office floor space, in addition to restaurant and storage facilities and 142 parking places. The office building, which was constructed in 2009/2010, is fully leased and houses contemporary-designed offices spread over four storeys. At the same time, four infrastructure core elements allow individual access as well as separate allocation of the floor space for ideally flexible building utilisation.

Schönbühl shopping centre, located at Langensandstrasse 23 in Lucerne, has now been acquired by Swiss Prime Site AG as well. The contract was signed on 25 May 2016, and transfer of ownership took place on the same day. The fully leased local shopping centre is to be expanded with supplementary interregional accommodation and services functions, including senior residences, fitness and wellness facilities, and medical services. An initial step envisages constructing a senior residence complex on the northeast section of the plot. In addition, expanding the office structure with doctors' practice and geriatric care centre is planned. With this acquisition, Swiss Prime Site is securing a potential development site situated in an attractive urban location in Lucerne. Peter Lehmann, Chief Investment Officer of Swiss Prime Site AG, explains: "The site in Lucerne offers significant exploitability potential that will further enhance the attractiveness of the location."

The acquisition volume of both properties amounts to a total of CHF 115.0 million. Swiss Prime Site is therefore consistently pursuing its acquisition strategy with investments in attractive services properties as well as real estate sites with sustainable development potential.

Media contacts:
  • René Zahnd, Chief Executive Officer

    Tel. + 41 58 317 17 17, rene.zahnd@swiss-prime-site.ch

  • Peter Lehmann, Chief Investment Officer

Tel. + 41 58 317 17 17, peter.lehmann@swiss-prime-site.ch

Swiss Prime Site

Swiss Prime Site AG is Switzerland's leading listed real estate company. The Group's portfolio is valued at CHF 9.7 billion and comprises value-retaining and high-quality properties with primarily office and retail floor space situated in prime locations. The real estate investments, coupled with the real estate services provided by group company Wincasa AG, make up the Real Estate business field. The Retail business field consists of Jelmoli - The House of Brands premium department store. The Assisted Living business field comprises the senior residences and geriatric care facilities provided by Tertianum Group.

Swiss Prime Site is distinguished by its experienced management team, considerable earnings continuity and excellent risk/return profile. The Company has been listed on the SIX Swiss Exchange since 2000 and reports market capitalisation of CHF 5.9 billion as at 31 March 2016.

SIX Swiss Exchange / symbol SPSN / securities number 803 838

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF SWISS PRIME SITE AG HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT FROM REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.

Swiss Prime Site AG published this content on 09 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 June 2016 07:44:07 UTC.

Original documenthttp://www.swiss-prime-site.ch/medien/medienmitteilungen/en/2016/e-mr-16-06-09.pdf

Public permalinkhttp://www.publicnow.com/view/909891A2A3C6AD779E79FFCC4553D7D75C788040