New retail brands in the Metalli

Zug Estates Holding AG / Key word(s): Real Estate New retail brands in the Metalli 30.06.2023 / 17:55 CET/CEST Press release Zug, 30 June 2023 The Metalli shopping centre is subdividing the former C&A and Zara retail premises in a bid to expand the range of shops catering for everyday needs. Attractive brands are moving into the newly created retail spaces. Spring 2024 will see Lidl Schweiz AG opening a new store in the lower level and part of the ground floor of the current Zara premises with over 1,600 m2 of retail space. Its food range will complement the offering already available in the Metalli. In addition, two more retail spaces are being created on the ground floor of the current Zara premises in readiness for letting at the beginning of 2024. Discussions for these two retail spaces are under way. New shops are also being created in the former C&A premises. The ground floor is currently divided into three shop units. Autumn 2023 will see LUSH (Switzerland) AG, specialist in handmade cosmetics, and jeweller Maison Carat SA taking possession of these retail spaces. Contract negotiations are well advanced for the third unit. Gregor Schaller, Manager of the Metalli centre, is pleased to welcome the new brands: “They ideally complement our offering in the Metalli in response to evolving customer needs. The new retail tenants appreciate the Metalli’s unique positioning and attractiveness in the region.” The first floor of the former C&A premises is being converted into office space, offering two units of around 900 m2 each. Construction work is under way, with completion expected in autumn 2023. Zug Estates AG is merging its two existing offices in Zug and Rotkreuz with a view to occupying one of the two units at the beginning of December 2023. Downloads: Press release (PDF) Important dates: 25 August 2023 6 September 2023 21 February 2024 Publication of Half-Year Report 2023 and GRI-compliant Sustainability Report Sustainability Forum Publication of the 2023 Annual Report For further information, please contact: Patrik Stillhart, CEO T [phone], [e-mail] About Zug Estates The Zug Estates Group conceives, develops, markets and manages properties in the Zug region. It focuses on central sites that are suitable for a wide range of uses and allow sustainable development. The real estate portfolio is comprised mainly of the two sites in Zug and Risch Rotkreuz. The Group also runs a city resort in Zug incorporating the leading business hotels Parkhotel Zug and City Garden and a comprehensive range of restaurants. The total value of the portfolio came to CHF 1.83 billion on 31 December 2022. Zug Estates Holding AG is listed on the SIX Swiss Exchange, Zurich (ticker symbol: ZUGN, security number: 14 805 212).  Zug Estates Holding AG | Industriestrasse 12 | CH-6300 Zug | T [phone] | www.zugestates.ch End of Media Release

Language:	English
Company:	Zug Estates Holding AG
	Industriestrasse 12
	6300 Zug
	Switzerland
Phone:	[phone]
E-mail:	[e-mail]
Internet:	www.zugestates.ch
ISIN:	CH0148052126, CH0148052118
Valor:	A1J0M6
Listed:	SIX Swiss Exchange
EQS News ID:	1670495

End of News	EQS News Service

1670495  30.06.2023 CET/CEST