immo!nvest – Die Plattform für Standorte und Immobilien

Category: People

  • Empa wins bridge builder

    Empa wins bridge builder

    Matthias Sulzer is not your typical researcher. His career path took him from a trade to engineering studies to founding a company and finally back to research. Today he heads the Empa Department of Engineering Sciences, where he is helping to shape the built environment of tomorrow. His office is just as structured as his way of thinking. On a poster he drew himself, a mountain road shows the stages of a strategic development. For Sulzer, visualizations are not just a working tool, but an expression of pragmatic, goal-oriented thinking.

    He recognized early on that sustainable change can only succeed if research and practice work closely together. Even when he founded his company, he focused on scientific cooperation. This attitude later led him to Empa as a senior researcher, where he led national innovation projects and translated scientific findings into concrete applications.

    Innovation as a combination of systems thinking and responsibility
    Today, Sulzer deals with a wide range of topics, from sustainable robotics and new materials to the decarbonization of entire energy systems. Its work is particularly impressive in the context of climate change. After all, the built environment is responsible for a large proportion of resource consumption. Sulzer sees this not only as a technological task, but also a social one. His vision ranges from closed material cycles to the recovery of atmospheric carbon. For him, climate protection begins in the laboratory, but it ends in application.

    His department covers the entire spectrum of research, from molecular material developments to the evaluation of national energy strategies. From drones for infrastructure repairs to biocompatible implants, the work of the Empa teams is as diverse as it is relevant. According to Sulzer, it is crucial that the various disciplines work together. Where individual experts used to work side by side, today the focus is on real teamwork.

    Research that empowers people
    For Sulzer, however, the focus is not on technology, but on people. Research should not only be measured in terms of excellence, but must also empower the next generation to take responsibility. He sees himself as an enabler who creates spaces for scientific excellence. And he believes in the added value of teams in which individual strengths are combined to create collective intelligence. Where disciplinary boundaries are crossed, new solutions emerge, often with an impact beyond research.

    With Matthias Sulzer, Empa is not only gaining a technically skilled head of department, but also a leader who brings together science, entrepreneurship and social responsibility. At a time when technological developments alone are no longer enough, Sulzer relies on attitude, cooperation and a clear vision. Research that works through people, for people.

  • Strategy adjustment brings personnel changes

    Strategy adjustment brings personnel changes

    Jacques Mauron is drawing the consequences of the strategic restructuring of Groupe E and is stepping down as CEO. According to a press release, the Board of Directors has appointed Alain Sapin, Director of Electrical Energy at the Fribourg-based energy supplier, as interim CEO. Mauron has worked for Groupe E since 2004 and has been CEO since November 2019.

    Groupe E announced in April that it was reviewing its photovoltaic and heat pump activities in its own canton and other parts of French-speaking Switzerland. This was the company’s response to a sustained decline in sales in this area since 2023. It now wants to adapt the structure of the Technology and Infrastructure Directorate so that the individual branches are given more independence.

    This strategic reorganization is associated with job cuts. In April, the company was still assuming that 188 of its 2,600 employees would be made redundant. Following consultation with the social partners, the number of redundancies was reduced to 168 in May.

    The previous head of the Technology and Infrastructure Directorate, Michel Beaud, has since left Groupe E. He has now been succeeded on an interim basis by Johann Ruffieux, Head of Procurement and Trading.

  • Expansion of the management team for data centre projects

    Expansion of the management team for data centre projects

    Green Datacenter AG is expanding its management team. Markus Meier joined the company and management team at the beginning of May, the Aargau-based provider of data centres and related services announced in a press release. As Chief Construction Officer (CCO), Meier will be responsible for all of Green Datacenter’s own construction projects and those realised on behalf of customers.

    “With Markus Meier, we are strengthening the organisation with an experienced leader in order to continue to implement the ongoing expansion of our high-availability infrastructures with high quality and efficiency,” Green CEO Roger Süess is quoted as saying in the press release. The new CCO is a qualified construction manager and has over 25 years of experience in managing construction projects, according to the press release. Meier’s professional background includes positions as Managing Director of the construction company Erne AG and Head of Master Builder Zurich at Implenia.

    Green is currently building a new data centre in Lupfig and two data centres in Dielsdorf. “Our growth follows a clear strategic plan,” explains Süess. “We are setting new standards and strengthening Switzerland as a digital location in the long term.”

  • Tanja Zimmermann takes over the presidency

    Tanja Zimmermann takes over the presidency

    On 6 May 2025, Tanja Zimmermann was elected as the new President of the Board of Trustees of Technopark Zurich. She succeeds Lothar Thiele, who has chaired the board since 2019. The change not only gives the innovation hub new leadership, but also sends a clear signal in favour of diversity and future orientation.

    Impetus from research and technology
    Zimmermann’s career has been characterised by interdisciplinary research and the targeted bridging of science and industry. As Director of Empa, she has been promoting sustainable innovations at the interface between the laboratory and the market for many years. She is now contributing this expertise to the strategic development of the Technopark, an ecosystem that connects start-ups, research institutions and companies.

    Technopark as a workshop for the future
    For Zimmermann, Technopark Zurich is a place where ideas grow and become reality. “This is where visionary research meets entrepreneurial action. This is the ideal breeding ground for innovation,” she says. As the new President, she wants to create targeted framework conditions that promote forward-looking developments and strengthen synergies.

    A clear commitment to Switzerland’s innovative strength
    With the election of Tanja Zimmermann, Technopark Zurich is sending a strong signal for strategic expertise, sustainable orientation and the promotion of a sustainable business location.

  • New course director for Real Estate Management at the HWZ – focus on digitalisation and AI

    New course director for Real Estate Management at the HWZ – focus on digitalisation and AI

    Facchinetti brings with him extensive experience in digitalisation, innovation and PropTech. “We are convinced that he will offer students great added value thanks to his broad network and expertise,” says Markus Streckeisen, Head of Real Estate Programmes at the HWZ.

    In future, the new programme director will be responsible for three practical CAS programmes, which can be completed individually or in modules over several years up to a Master’s degree:

    • CAS Smart Real Estate Business (start: March 2025)
    • CAS Smart Real Estate AI, Data & Value (start: September 2025)
    • CAS Smart Real Estate Life Cycle Management (start: September 2025)

    “I am looking forward to working with experts from the field to impart future-oriented skills that are necessary for the challenges of our time,” says Facchinetti.

    The part-time continuing education programme, centrally located at Zurich Main Station, is aimed at specialists and managers who want to strengthen their digital skills in the real estate sector – practical, modern and future-proof.

  • Prof Nora Dainton takes over as Head of the FHNW Institute of Digital Construction

    Prof Nora Dainton takes over as Head of the FHNW Institute of Digital Construction

    Prof Nora Dainton takes on dual responsibility as interim head of the institute. She heads the Institute of Digital Construction and at the same time remains head of the MSc in Virtual Design and Construction programme. This combination enables a close integration of research, teaching and strategic development. “I look forward to actively shaping the future of digital construction together with our students and colleagues,” she emphasises.

    Prof. Dainton has been working at the institute since 2021 and is shaping the content and strategic direction of the VDC Master’s programme. A degree programme that focuses on digital processes in construction and real estate.

    Bridging the gap between research and practice
    One of Prof. Dainton’s key concerns is applied research in close collaboration with practice partners. As a link between industry, teaching and research, she wants to actively support the digital transformation in the construction industry. The focus here is on new planning and construction processes, innovative forms of organisation and digital tools that increase efficiency, sustainability and quality in the construction process.

    Her cross-institutional role within the university also enables her to contribute to the further development of the departments and university development at a strategic level.

    Handover with perspective
    Prof. Dainton succeeds Prof. Manfred Huber, who has built up and shaped the Institute of Digital Construction with great commitment over eight years. From August 2025, Prof Huber will take on a new management role as Director of the Department of Engineering & Architecture at Lucerne University of Applied Sciences and Arts.

    The transition marks a new phase for the institute, which is positioning itself as a regional, national and international driving force for digital transformation in the construction industry.

  • The future of location promotion in the canton of Zurich

    The future of location promotion in the canton of Zurich

    Together with Markus Müller, you have been co-heading the location promotion of the Canton of Zurich for over 15 months.
    What insights have you gained?
    Zurich stands out within Switzerland due to its economic size. This also means that we are not only heavily involved in cantonal issues, but are also active on the national and, in some cases, international stage. For example, we promote Switzerland as an AI location or share our findings on AI applications in the economy with international partners.

    At the same time, I find the close cooperation between business, science and administration as well as politics to be expedient when it comes to creating sustainably attractive framework conditions.

    Could you give us a brief overview of the current priorities of location promotion in the Canton of Zurich?
    The central focal points are:

    As just mentioned, the development of attractive, long-term location factors. Through close dialog with business and science, we identify trends at an early stage and provide targeted impetus for location development.

    Promoting innovation and strengthening our key sectors of finance, ICT, life science, food, clean and high-tech.

    Maintaining and strengthening the diversity of the industry structure. In this context, we also support companies that want to locate here – from the search for a location to obtaining permits.

    Our projects, programs and initiatives are based on these three pillars.

    What are the long-term visions of the cantonal location promotion department with regard to location development?
    The attractiveness of a business location depends on a number of different location factors. These range from target group-friendly regulations and digital government services to strong innovative power and the sustainable design of economic areas.we are pursuing the goal of being an attractive, leading and future-oriented innovation and business location with international appeal for companies and the population.

    Zurich is one of the most expensive places to live in the world. The high real estate prices and rents are also becoming an increasing burden for companies. What can location promotion do about this?
    We are committed at various levels not only to the attractiveness and prosperity of the economic area, but also to a high-quality and excellent quality of life. In this respect, the availability of living space also plays a role. One concrete application can be found, for example, in our Innovation Sandbox for artificial intelligence. In the current phase, we are supporting the use of AI in planning applications. We hope that the results will help us to find ways of reducing the building backlog and streamlining the building permit process.

    Housing subsidies are also located at official level. It promotes the provision of affordable rental apartments with attractive loans.

    The ageing population is affecting the real estate sector and the labor market. What significance does this fact have for the canton of Zurich and how can you respond to it?
    The topic of demographic shifts and the widening labor market gap has been on our minds for some time at various levels. Over the next few years, many experienced workers will retire – this will increase the competition for talent.

    On the one hand, we are working on various projects in the area of recruiting and retaining skilled workers and labor market participation. At the same time, we are currently developing new overarching approaches to demographics that will have a longer-term impact. One thing is clear: tackling the challenge of demography must be approached from a systemic perspective, meaning that many parties and stakeholders need to be brought to the table.

    How do you see the role of the canton in the Greater Zurich Area economic region?
    The Greater Zurich Area is one of the most innovative business locations in Europe – and the canton of Zurich plays a central role in this. As a leading innovation location, we create the framework conditions that companies need to develop successfully. Ultimately, the other cantons within the Greater Zurich Area also benefit from our strong position.

    As the economic engine of Switzerland, the Canton of Zurich is also the largest provider of funds for the Greater Zurich Area as a business location. At the same time, our Chief Executive Officer, Government Councillor Walker Späh, is President of the Board of Trustees of the Greater Zurich Area Business Location. The Canton of Zurich is also actively represented in the Greater Zurich Area economic region by the two cities of Winterthur and Zurich. This allows us to optimally represent our interests and coordinate the activities of the Greater Zurich Area as a business location with our own.

    How does the cooperation with other cantons within the Greater Zurich Area business location work?
    What joint projects are currently underway?
    Cooperation within the organization of the Greater Zurich Area business location focuses primarily on issues relating to relocation. We work very closely with other cantons in various other constellations and committees. For example, in the Zurich metropolitan area, but also on a smaller spatial level, such as in the Limmat Valley. However, not all cantons are always members of the Greater Zurich Area business location.

    Current cooperation projects include the 2nd phase of the Innovation Sandbox for Artificial Intelligence, which also includes the aforementioned building permit project, and the repositioning of the Limmatstadt regional location promotion program, in which we are thinking beyond the cantonal borders in functional areas and looking for solutions.

  • Zurich as a business location – fit for the future?

    Zurich as a business location – fit for the future?

    You head the Office of Economic Affairs of the Canton of Zurich. What are your responsibilities in this role and how can you influence economic development?
    The Canton of Zurich is a leading business location with international appeal. As the Office of Economic Affairs, we help to ensure that it remains competitive in the future, promotes innovation and generates sustainable added value.

    Thanks to a strong team with wide-ranging expertise in various areas and in-depth specialist knowledge, we strengthen the business location and support companies in various phases. We use our knowledge and experience in a targeted manner to analyze and develop the economic framework conditions and respond to new challenges. In close cooperation with the business and scientific communities, we analyze location factors and provide impetus to position Zurich as an attractive location for companies. At the same time, we take on central enforcement tasks: We ensure smooth approval procedures and thus create planning security for companies and employees. By ensuring compliance with working conditions and legal requirements, we contribute to an attractive and responsible labor market. Another focus is the promotion of affordable housing – a decisive factor for the attractiveness of a location. We therefore have numerous effective levers at our disposal to actively shape change.

    A pronounced service orientation is particularly important to me. A good understanding of our stakeholder groups and their needs forms the basis of our work. Because only if we know the challenges and concerns of companies can we provide targeted support and strengthen Zurich as a business location in the long term.

    In short: we create attractive framework conditions for an economic environment that benefits companies and the population alike.

    How do you assess the economic situation in the canton of Zurich?
    Overall, the canton of Zurich is in a very solid economic position and is one of the most innovative economic regions in Europe. Moderate economic growth of 1.1% is forecast for the current year. A high level of innovation, first-class universities and close cooperation between business and science make the location particularly attractive. Companies benefit from well-trained specialists, an excellent infrastructure and a strong international network.

    At the same time, we are facing important challenges: In the short and medium term, the latest geopolitical tensions could have an impact on Zurich as a business location. Closely linked to this is the question of how we position ourselves strategically vis-à-vis our European neighbors, particularly with regard to our relationship with the EU.

    In the long term, demographic change will play a key role. The ageing of society, rising retirement figures and the availability of skilled workers will be decisive for how competitive the business location remains. Measures must be taken in good time to secure the pool of skilled workers.

    However, thanks to its economic stability, innovative strength and quality of life, I believe that the canton of Zurich is well positioned to remain successful in the long term.

    In which areas does the canton of Zurich still have untapped economic potential?
    The canton of Zurich has a strong capacity for innovation. Nevertheless, there are areas with untapped potential: in the field of artificial intelligence, the canton of Zurich has taken an important step towards strengthening the dynamic AI ecosystem with the “Innovation Sandbox for Artificial Intelligence”. However, from a macroeconomic perspective, there are still great opportunities to anchor AI even more broadly in various sectors. SMEs in particular could increase their productivity and open up new business areas through the targeted use of AI. Practical support is needed here to provide SMEs with access to and knowledge of AI technology.

    There is further economic potential in the scaling of start-ups. Zurich offers an excellent environment for start-ups. However, many start-ups face the challenge of expanding their business beyond the initial phase. There is a need for additional financing options and targeted support structures to help start-ups grow and accompany them on their way to the international market.

    We are also not yet exploiting the existing potential in the area of digital health. Increasing cost pressure in the healthcare system, an ageing society and the growing shortage of specialists make a transformation more urgent than ever. Zurich as a business location has all the ingredients to be successful here: leading universities, strong players in the healthcare sector and innovative companies. With the “digital health center Bülach”, we have created an innovation hub that makes an important contribution by promoting innovation and building bridges between science and business.

    What economic policy framework conditions are crucial for the success of the Greater Zurich Area as a business location from the perspective of the Canton of Zurich?
    A key success factor is access to highly qualified specialists. The canton of Zurich has excellent universities and research institutes that attract talent from all over the world. To ensure that this remains the case in the future, the universities must also remain attractive to foreign students – both through first-class educational conditions and easier access to the job market after graduation.

    Tax conditions also play a decisive role. A competitive tax environment is essential if the canton of Zurich is to remain attractive. Currently, however, the tax environment is increasingly perceived by companies as a negative location factor. In a cantonal comparison, the canton of Zurich ranks second to last in terms of the tax burden on companies – a risk for long-term competitiveness.

    Our relationship with Europe is another key factor for economic success. Access to the European market is crucial for many companies, especially for export-oriented sectors. At the same time, companies in Zurich as a business location benefit from Switzerland’s lean and pragmatic regulations.

    How attractive is the Greater Zurich Area for investors in an international comparison with other European metropolitan regions?
    The Greater Zurich Area is one of the most attractive business locations in Europe and is asserting itself internationally as a leading location for companies and investors. It offers a unique combination of economic potential, innovative strength and business-friendly conditions. At the same time, the region offers a stable, transparent and reliable economic environment with attractive tax and regulatory conditions.

    Companies benefit from a first-class environment for research and development – characterized by close cooperation between universities, start-ups and globally active companies.

    Another key advantage for investors is the mix of industries in the region. Zurich is no longer just the most important financial center in Switzerland, but also a dynamic and diverse location for innovation. The strong presence of ICT, high-tech, space and robotics, life sciences, food and cleantech ensures a high density of innovation and minimizes the risk of dependencies. For investors, this means not only stability, but also attractive diversification opportunities.

    Switzerland is neither an EU member nor a cost-effective location. Why should an international company still choose the Greater Zurich Area?
    The Greater Zurich Area offers companies a unique overall package that goes far beyond cost factors. It combines a business-friendly and politically stable environment with first-class talent, leading research and a high quality of life – factors that are crucial for sustainable business success.

    Switzerland ranks first in the world when it comes to innovative strength as well as attracting and retaining talent. Thanks to an excellent education system, internationally recognized universities and a high quality of life, the country is able to attract specialists from all over the world. Companies benefit from a highly qualified labor market, which makes a decisive contribution to competitiveness.

    However, there is still untapped potential in one area: the availability of attractive and sustainable space for companies to successfully secure relocations and expansions.

    What strategic advantages does Switzerland offer as a hub for European or global business activities?
    As a business location, Switzerland offers a unique combination of stability, innovative strength and international networking. Thanks to its central location in the heart of Europe, it is an ideal starting point for companies with a global or European focus.

    One decisive advantage is its excellent accessibility: Zurich Airport offers direct connections to major economic centers worldwide and makes the Greater Zurich Area a strategic hub for international business activities.

    The fact that the canton of Zurich is already a sought-after location for globally active companies is demonstrated by the most recent relocations. International tech companies such as “OpenAI”, “Anthropic” and “Boston Dynamics” have opened offices in Zurich – proof of the attractiveness of the location and its potential as a hub for forward-looking industries. The high density of leading companies creates a dynamic ecosystem that also opens up new opportunities for local SMEs.

    How important are modern infrastructure and digital networking for internationally active companies?
    The Greater Zurich Area offers internationally active companies first-class infrastructure and seamless digital networking – key factors for competitiveness and sustainable growth.

    Thanks to Zurich Airport’s international reputation, a state-of-the-art rail and road network and direct connections to Europe’s most important economic centers, companies benefit from maximum mobility and accessibility. Switzerland is ranked first in the current IMD ranking for its infrastructure, which underlines the high quality and reliability of the location conditions.

    The region also impresses with its advanced digital infrastructure. High-performance networks and state-of-the-art technologies create optimal conditions for innovation, data-driven business models and the use of pioneering technologies such as artificial intelligence and cloud computing.

    With this combination of physical and digital excellence, the Greater Zurich Area offers companies the ideal framework conditions to successfully position themselves globally.

  • Building between town and country

    Building between town and country

    While space is still available in the countryside and construction processes are often less complicated, the urban reality is characterised by density requirements, regulations and lengthy approval procedures. Communication channels are shorter in the countryside and processes are more direct. In cities, on the other hand, complex projects such as “The Circle” at Zurich Airport require sophisticated coordination and patience.

    Skills shortage knows no boundaries
    Whether rural or urban, the struggle for qualified apprentices is noticeable throughout Switzerland. It is worth noting that young people from rural regions are often more adept at manual labour. Not least because they come into contact with practical work at an early age. Nevertheless, recruitment remains a challenge, especially in urban areas where academic or commercial careers dominate.

    Regional roots as a success factor
    Whether traditional family businesses in Schwyz or locally anchored construction companies in Thurgau, the construction industry remains a strong pillar of the regional economy in both cantons. In the countryside in particular, master builders are not only economically active, but also socially active, as members of associations, presidents of event organisers and promoters of local life.

    Objections slow down progress everywhere
    Rural idyll does not protect against legal hurdles: Even outside the cities, construction projects are regularly delayed by objections. The call for a clearer, faster and legally secure procedure is growing louder. Long overdue from a practical point of view.

    Different starting points for the order situation
    While the canton of Schwyz is currently recording a solid order volume with growing construction activity and large projects, the situation in Thurgau is tense. Non-essential investments are being postponed there to save money, with a direct impact on local construction companies.

    Focus on sustainability and quality
    The requirements for new buildings are changing rapidly. Energy efficiency, sustainability and climate-friendly construction dominate project requirements. At the same time, time pressure on construction sites is increasing, while legal complexity is growing. The industry’s desire for more quality instead of price dumping and a return to long-term, sustainable values.

  • Change of leadership at the Swiss Chamber of Real Estate Agents completed

    Change of leadership at the Swiss Chamber of Real Estate Agents completed

    With the election of Patrizia Wachter Tanner, the Swiss Chamber of Real Estate Agents is responding to the increasing demands of the property market. The business economist with a Master’s degree in Real Estate Management succeeds Kurt Bosshard, who did not stand for re-election after ten years of dedicated service on the Board. Wachter Tanner manages Prefera Immobilien AG in Sargans and Alfina Prefera Immobilien AG in Chur and brings many years of management experience, industry expertise and entrepreneurial thinking to the Board.

    Her election by acclamation is an expression of the members’ confidence in her expertise and her commitment to the concerns of the sector. At the same time, Kurt Bosshard, CEO of Bosshard Immobilien AG in Ascona, was bid farewell with a big round of applause. His many years of commitment to the professionalisation of the real estate industry were honoured by the Executive Committee with thanks and recognition.

    Quality creates trust
    The SMK stands for certified quality in property brokerage and is thus continuing to gain in importance. With 127 members at the end of the 2024 financial year, there is a clear trend. More and more professional estate agents want to become part of the network and subject themselves to the demanding quality code. Membership requires strict quality management, which is regularly reviewed in audits. This creates trust for both sellers and prospective buyers.

    The need for sound advice is growing, particularly in an increasingly volatile and regionally diverse market environment. The SMK label is a reliable signal to the market. Those who carry it offer proven expertise, transparency and reliability in a sensitive business area.

    Strategically positioned for the future
    With the new Board of Directors, led by President Ruedi Tanner, SMK is signalling both stability and renewal. The combination of many years of industry experience and fresh impetus creates the basis for a strong position in a challenging market environment. with their certified expertise and qualified advice, the members of the Swiss Chamber of Brokers create decisive added value for their customers,” says Ruedi Tanner.

    The SMK thus remains the leading network for quality brokers in Switzerland and a key guarantor of credibility, expertise and sustainable market success.

  • New CEO takes the helm at indoor climate specialist

    New CEO takes the helm at indoor climate specialist

    The Pfäffikon-based Condair Group has appointed Martin Plüss as its new CEO with immediate effect, according to a press release. In his new role, the experienced manager will drive forward the growth strategies of the company, which specialises in indoor climate.

    Before joining the Condair Group, Martin Plüss was CEO of Gilgen Door Systems AG, an internationally active subsidiary of the Japanese Nabtesco Corporation. Plüss also has over 20 years of experience in international building technology companies.

    “We are delighted to welcome Martin as our new CEO,” said Silvan G.-R. Meier, owner and CEO of Condair, in the press release. “His technological and manufacturing expertise, his strong organisational and team-building skills and his strategic intuition will help us to further expand our market presence and technology leadership.”

    The new CEO is delighted with his new role and is convinced that “we will build on the foundations of the company and forge a successful path into the future”.

  • Merger with strong figures Ina Invest and Cham Group

    Merger with strong figures Ina Invest and Cham Group

    Cham Group recorded a remarkable increase in the value of its property portfolio of CHF 184.7 million to a total of CHF 703.2 million in the last financial year. This positive development is attributable to several factors. Progress in the planning and construction development of the neighbourhood, high demand for the space being created and a favourable interest rate environment. These factors have significantly increased the Cham Group’s earnings potential.

    The Cham Group’s net profit totalled CHF 168.2 million, compared with CHF 15.6 million in the previous year. In addition, rental income increased by 9.8 per cent to CHF 8.1 million. The operating result before revaluation totalled CHF 6.7 million. With an equity ratio of 73.5 per cent and an unchanged dividend of CHF 12 per share, Cham Group has a solid financial basis.

    Operational strength despite special factors
    Ina Invest was operationally in the black in the past financial year, but suffered a net loss of CHF 17.4 million. This loss is mainly due to a payment of CHF 34.7 million to Implenia, which was made as part of the planned merger with Cham Group. Excluding this one-off effect and taking into account changes in market value, EBIT totalled CHF 20.4 million.

    Ina Invest’s property portfolio is estimated at CHF 862 million at the end of 2024, with revaluations of CHF 15.4 million. Rental income remained constant at CHF 15.4 million. Despite the challenges, Ina Invest plans to distribute a dividend of 20 centimes per share.

    Merger to form Cham Swiss Properties AG
    The planned merger of Ina Invest and Cham Group will create a new property company with a combined portfolio of around CHF 1.6 billion. The merged company will have a residential share of around 60 per cent and an equity ratio of around 57 per cent. This merger promises to combine the strengths of both companies and offer a diversified, sustainable property portfolio.

    The shareholders of both companies will vote on the merger at the Annual General Meetings on 31 March. The approval of the shareholders will be decisive in realising the strategic goals of the new Cham Swiss Properties AG.

    A strong future
    The merger of Ina Invest and Cham Group offers the opportunity to create a leading property company in Switzerland. With a high-quality, sustainable portfolio and a solid financial base, the two companies are well positioned to move into the future together. The synergies from this merger could lead to further increases in value and an improved market position.

    The property industry will be keeping a close eye on developments surrounding Cham Swiss Properties AG, as the merger signals the trend towards consolidation and strategic realignment in a highly competitive market.

    This more comprehensive article provides a detailed and forward-looking overview of the upcoming merger of Ina Invest and Cham Group, as well as their financial performance and strategic direction.

  • New member of the Board of Directors strengthens growth of sustainable property platform

    New member of the Board of Directors strengthens growth of sustainable property platform

    Optiml has announced that Prof Dr Alexander von Erdély has joined the team as an angel investor. The 55-year-old, who holds a doctorate in civil engineering, has more than 30 years of management experience in the property sector. Three months ago, he took up his position as spokesman of the board of the German Federal Agency for Real Estate, which has around 18,000 federally owned properties in its portfolio.

    Prior to this, von Erdély was CEO of CBRE Germany, the world’s largest provider of commercial property services and investments, headquartered in Dallas and based in Zug, Switzerland. As a “passionate advocate for ESG, sustainability and innovation”, he is “a role model in his commitment to driving progress in property and urban development”, according to the spin-off from the Swiss Federal Institute of Technology in Zurich.

    The new board member will support Optiml in scaling its Real Estate Decision Intelligence platform. It provides property managers, investors and consultants with tools to achieve their goals in terms of profitability and sustainability. According to the information provided, it offers valuable insights into portfolios and building values as well as optimal decarbonisation and investment strategies and also detailed action plans for net zero refurbishment and compliance with ESG regulations, for example.

    According to a report by startupticker.ch, ten new customers from the DACH region and the UK are currently being integrated into the platform. The Zurich-based company is also working on adapting its solution to the regulatory peculiarities and calculation framework of the USA. CCO and co-founder Nico Dehnert calls the acquisition of the first customer in the USA, a real estate investment trust, “a significant milestone on our growth path”.

  • Empathy as a leadership competence

    Empathy as a leadership competence

    The construction and property industry and other sectors of the economy are facing increasingly complex challenges. Managers who not only manage functional processes but also take social and ethical aspects into account are more in demand than ever. In the two-day practical seminar at the FHNW, Prof Peter Gruber teaches proven techniques for using empathy in a targeted manner in day-to-day management.

    Empathy can be learnt
    According to Prof. Gruber, there are two forms of empathy: emotional, intuitive and rational-professional empathy. The latter is crucial for managers in order to understand employees without overburdening themselves emotionally. In management positions in particular, it is essential to consciously develop this skill in order to promote sustainable relationships and a healthy corporate culture.

    Leadership versus management: a fundamental difference
    While management primarily focuses on figures, data and facts, successful leadership also encompasses psychological, social and ethical dimensions. Gruber emphasises: “The main tool of a manager is the conversation, not the Excel sheet.” Leadership means not only demanding performance, but also recognising and supporting employees as people.

    Appreciative leadership as a success factor
    Modern leadership is both performance-orientated and people-oriented. Companies that focus on a respectful and meaningful work culture benefit in the long term from motivated employees and a positive working atmosphere. Enjoyment of work increases when employees recognise the meaning of their work, work in a climate of honesty and are encouraged.

    A seminar with practical added value
    The practical seminar “Leading with empathy” will take place on 17 and 18 September 2025 at the FHNW in Brugg. It is aimed at managers who want to develop their social skills in a targeted manner and implement sustainable, successful leadership.

  • New management team for American construction business presented

    New management team for American construction business presented

    The building materials producer Holcim, headquartered in Zug, will fully spin off its subsidiary in the United States and list it on the New York Stock Exchange as Holcim United States. According to a press release, Jan Jenisch has been appointed President and CEO designate of the planned company. Jenisch is currently Chairman of the Board of Directors of Holcim and will lead the planned IPO in New York. He was CEO of Holcim from 2017 to 2024 and will serve as Chairman of the Board of Directors until Holcim’s Annual General Meeting on 14 May. According to a further press release, Kim Fausing has been proposed as his successor. The Dane has been a member of the Board of Directors since 2020 and President and CEO of the Danish Danfoss Group since 2017.

    In view of the planned stock market listing of the North American business, Holcim has also appointed the future members of the Board of Directors. The Board of Directors will consist of ten members and will come into effect following the completion of the planned spin-off at the end of the first half of 2025, subject to shareholder approval and customary approvals, the company said in a statement. “Today we reach an important milestone on the way to listing Holcim’s North American business as an independent company,” Jan Jenisch is quoted as saying.

    In addition to Jenisch, the Holcim Board of Directors has also appointed nine independent members to the Board of Directors of the American company: Theresa Drew, Nicholas Gangestad, Dwight Gibson, Holli Ladhani, Michael E. McKelvy, Jürg Oleas, Robert S. Rivkin, Katja Roth Pellanda and Cristina A. Wilbur. The future members are highly experienced executives with in-depth expertise in key sectors such as construction, manufacturing, industrial operations and financial services, according to the Holcim press release.

  • New CEO to take over management of the construction supplier from January 2025

    New CEO to take over management of the construction supplier from January 2025

    From 1 January, the Arbonia Group will once again be led by a CEO who is not also a member of the Board of Directors. As announced by the company, the Board of Directors has appointed Claudius Moor as CEO. Born in Switzerland in 1983, he has worked for Arbonia since 2015 and has been CEO of the Doors Division since 2020. Previously, he was Head of Group Strategy and Corporate Development at the Arbon-based building supplier.

    Alexander von Witzleben will remain Chairman of the Board of Directors “until further notice”. Born in Germany in 1963, he has chaired the Board of Directors since 2015, was also Delegate of the Board of Directors and CEO ad interim until 2022 and has been Executive Chairman of the Board of Directors since then.

    “We are very pleased to welcome Claudius Moor in his new role as CEO of Arbonia”, Alexander von Witzleben is quoted as saying in the press release. “With his extensive knowledge of the industry, his commitment and his great passion for the door business, he has everything it takes to lead Arbonia into a positive future.”

  • Zug remains Zug – liveable, visionary, vibrant

    Zug remains Zug – liveable, visionary, vibrant

    How is the Zug economy doing?
    Zug is praised in numerous specialist publications and in the media for its diversified economy – services, trade, manufacturing industry and commerce. Growth is still above the Swiss economic average of 1.2% and has so far proved resilient to global or technical upheavals. Thanks to the positive financial results, the city of Zug, together with private households and the flourishing economy, is an important pillar for further growth in the coming years.

    How does the city of Zug plan to ensure its economic growth is sustainable in the coming years, especially given the strong focus on the financial and crypto industries?
    Sustainability also means that we look after the companies based here and are reliable partners and employers. It is therefore important that we continue to have strong legal certainty in Switzerland and Zug. We offer a strong education system, have short distances to the city and canton, maintain great local recreational areas and have good road and rail connections to Lucerne and Zurich.

    Zug is experiencing high demand for residential and commercial space. What long-term solutions does the city see to promote residential construction while maintaining the quality of life?
    Many years ago, we demanded the framework conditions for the V-Zug site/technology cluster development plan and the LG site development plan with a letter of intent. In both of these cases, we defined 10,000 m2 of affordable housing and affordable commercial space. We have also been working closely with Zug’s building cooperatives for over 10 years. We also recently purchased an area right next to the railway station for 65 million. This is to be used for the construction of affordable housing. The mix of flats still needs to be defined and will ultimately be put to a referendum. Here, too, it is to be sold under building rights. This is because the building cooperatives know what the people of Zug need in terms of housing. In addition, the city of Zug is working closely with landowners to develop development plans in cantonal densification areas that permit high densities. The municipal high-rise building regulations form an important legal basis for this. As part of these measures, increased attention is paid to the quality of the open spaces on the sites themselves, as well as the other public open spaces. In the spirit of a “city of short distances”, the inner-city open spaces and leisure infrastructure, as well as the natural and landscape areas, should be easily accessible, especially by public transport, on foot and by bike.

    What new projects and initiatives is the city of Zug planning to promote sustainable urban development?
    There are many new projects in the city of Zug. They all have to take equal account of social, economic and ecological aspects. In this respect, each of our projects should already support sustainable urban development. Perhaps you will allow me to give you two examples in which we are also playing a pioneering role. For example, an internal strategy project is underway to check whether we are well organised and sufficiently fit to master the future challenges of sustainable development. Or in the area of climate adaptation: we are currently installing temperature sensors throughout the city to identify heat islands and take targeted measures.

    The issue of affordable housing is becoming increasingly important. What measures is the city taking to ensure that Zug remains attractive for less affluent people?
    The city council is already calling for affordable housing to be created on at least 20% of the additional eligible floor area in residential and mixed zones when issuing ordinary development plans. Following the adoption of the “2000 flats for Zug’s middle class” initiative, affordable housing of at least 40% of the newly constructed living space must be created in residential and mixed zones located in densely populated areas when issuing ordinary development plans and in the case of rezoning and upzoning. To be honest, however, this has also halted construction projects. We are currently working on solutions.

    How important is citizen participation in municipal projects to you, and what opportunities do the residents of Zug have to contribute their ideas and opinions?
    The city of Zug has a strong and long-standing culture of participation. Public participation projects on various topics have been held regularly since the 1990s. The online participation portal “mitwirken-zug.ch” has also been available since 2020.

    Traffic in and around Zug is increasing. What is the city’s plan to bring the transport infrastructure in line with growth and strengthen public transport at the same time?
    Unfortunately, the city tunnel was rejected and solutions must be found nonetheless. The city of Zug is working closely with the cantonal civil engineering office to develop a joint transport plan for the vibrant centre of Zug. The city’s aim is to ensure that the existing road space is available to all road users equally and efficiently: Cars, public transport, bicycles and pedestrians. Fortunately, the city of Zug is small-scale, so many things can be done on foot or by bike.

    What plans are there to further expand public transport in order to relieve commuters and reduce traffic in the city?
    The next major expansion step is planned for the opening of the Zimmerberg tunnel. This will be around 2035 to 2037. Until then, public transport will continue on the current routes and the frequency will be adapted to demand. The public transport system will thus be adapted to the needs of the municipalities on a “small scale”. According to GöV, the municipalities have the option of purchasing additional services over and above those ordered by the canton. The city of Zug does this with the Zugerberg railway and on bus route 5, where it purchases additional cable cars and courses. This additional service, which is decided by the city parliament, gives the city of Zug flexibility over and above the service determined by the canton. However, it is clear that the service ordered by the canton is excellent and that the municipalities hardly need to make any improvements. The city of Zug already has excellent public transport connections in all neighbourhoods. Additional courses significantly reduce the cost recovery ratio. The cost recovery ratio to be achieved according to the GöV is 40%. Personally, I would like the S-Bahn to offer double-decker trains.

    How does the city of Zug support the expansion of educational facilities in order to address the shortage of skilled labour and at the same time strengthen Zug as a location for education?
    Education is our only resource and this is where the city of Zug invests the most money. The design of attractive school buildings as places to work and learn, with the involvement and participation of pupils and teachers in the planning process, are key concerns. In addition, there are attractive childcare and leisure facilities for children and families as well as a modern ICT infrastructure. In addition, forward-looking and innovative projects and collaborations such as the school portal – where parents can communicate online with teaching and support staff and the school administration – the DigiWerkstatt and the inclusion of AI in lessons are being driven forward. However, it is also important that we meet the needs of companies and actively support the dual education system. A great project is underway here!

    What role does the promotion of innovation play in Zug and how is the city planning to establish itself as a centre for pioneering technologies and companies?
    The promotion of innovation plays a central role in the city and canton of Zug in positioning the city as a centre for pioneering technologies and companies. One important point is: we try things out. For example, following a presentation by a student, we decided to accept Bitcoin as a means of payment in the city of Zug, which caused a worldwide furore. Today, the city of Zug is THE Crypto Valley worldwide with over 4000 employees in over 800 companies. True to the motto: “no risk, no fun”. We will continue to be innovative! Targeted measures and programmes are designed to strengthen the innovative power of the city of Zug so that the environment becomes even more attractive and motivating for companies and, above all, for employees. You can move mountains with innovative projects and motivated people. The framework for this is provided by the development strategy for the city of Zug adopted by the City Council in autumn 2021: “Zug remains Zug – liveable, visionary, vibrant”. It is an overarching management tool with a long-term perspective to help shape the future of the city of Zug. Innovative economy, green city, strong community, healthy finances – these are our credos for the future.

    What is your long-term vision for the city of Zug? What goals are you determined to achieve in the coming years?
    As a growing business location with excellent conditions for companies and skilled workers from near and far, we cultivate our economic diversity and position ourselves specifically through future-oriented industry clusters. We are developing Zug as a green city in a sustainable and resource-conserving manner and are planning mobility, space and energy in a visionary way.

    In the tension between tradition and modernity, we promote dialogue and create an inspiring framework for a vital, diverse and cosmopolitan urban community. And to maintain our healthy finances, it is important to ensure competitive framework conditions, make future-oriented investments and secure our tax base in the long term. In addition to all impact targets, we promote lifelong learning, utilise the potential of diversity in the population, economy and culture for pioneering lighthouse projects for change and use incentives to steer change.

    Zug is committed to more climate protection. Can you give us an overview of the most important measures that are currently being implemented to reduce CO2 and increase sustainability in the city?
    When it comes to climate protection, the focus is on moving away from fossil fuels. All heating systems must be able to run on local renewable energy in the medium term. Compliance with modern building standards and, together with Wasserwerke Zug (WWZ), the expansion of district heating are at the forefront here. We have brought Circulago into being. We take cold and heat from the lake and thus have a “battery” on our doorstep. At the same time, we also want to upgrade our own properties, produce our own electricity and get rid of fossil-fuelled heating systems. The introduction of CO2 monitoring and many larger and smaller measures as part of the “Energy City” programme, where we have also been certified with the “Gold” label for 2023, will help us achieve this. I am convinced that we can supply ourselves with energy. We have innovative companies such as Siemens, Landis & Gyr, V-Zug, the technology cluster and many more companies in Zug that all offer these technologies and innovations. It’s certainly been 10 years since Siemens showed us that the technology for local self-sufficiency already exists, so let’s do it!

    Where do you see the city of Zug in 20 years’ time?
    In 20 years’ time, the city of Zug should be a liveable, innovative and sustainable place that offers both economic dynamism and a high quality of life. In other words, we will have made Zug even more attractive for companies and skilled workers, while at the same time creating space for a strong community. Zug’s role as an international business and financial centre has been strengthened, particularly in the area of digitalisation and new technologies such as blockchain and AI applications. Thanks to sustainable urban planning and environmentally friendly infrastructure, the city of Zug is climate-neutral. We have attractive places to live and work, green recreational areas, attractive cultural offerings and a diverse infrastructure for education, leisure and health. Zug has made a name for itself as a centre of education and innovation that is networked with tertiary education institutions and research facilities. We have intelligent traffic management and an efficient infrastructure that meets the needs of a growing population and is designed to be sustainable. Progress is being made step by step – I am delighted!

  • Experienced executive takes over management of digital real estate marketplace

    Experienced executive takes over management of digital real estate marketplace

    Myriam Reinle is to become the new CEO of Houzy, according to a press release. With her track record in the proptech and fintech industry, Reinle is the ideal person to lead the company, which merged with Devis.ch in May 2024, into a new phase of growth.

    According to the company, Reinle brings more than 20 years of experience in building digital marketplaces, managing tech start-ups and a comprehensive understanding of the needs of homeowners. As Head of Marketing at Homegate for more than a decade, she played a key role in “establishing the company as a leading player in the Swiss real estate market”, according to the statement.

    She is taking over the management of Houzy as an experienced leader “who combines entrepreneurial thinking, expertise in digital marketplaces and the management of start-ups”, according to Christian Mähr, Chairman of the Board of Directors.

    Reinle will succeed Florian Rüegg, one of the founders of the proptech company. He is moving to the position of CTO/COO. Since 2017, Houzy has been offering a platform for homeowners to find property valuations, renovation calculators, demand checks and the option of finding tradespeople and estate agents.

  • Reinforcement for Real Estate Award AG

    Reinforcement for Real Estate Award AG

    2024 was a milestone for Real Estate Award AG. A successful rebranding, the newly formed jury and strong event partnerships ensured a positive response. The Real Estate Award in October 2024 was very well received and underlines the platform’s strong position within the construction and property industry.

    Mara Schlumpf, Managing Director of Real Estate Award AG, is satisfied: “It was a fast and great year in which we were able to substantially develop the award. I am proud of this achievement.”

    Tim Caspar brings a breath of fresh air to the team
    In order to continue on this successful path, Tim Caspar will join Real Estate Award AG as Deputy Managing Director from January 2025. Tim Caspar currently works as a freelance videographer and has already realised several projects for the award in the past.

    “We are delighted to have Tim Caspar on board as a team player who, with his background in social media marketing and videography, will open up many new opportunities for the Real Estate Award in terms of visibility. Not least our applicants and event partners will benefit from this,” says Mara Schlumpf. “The fact that Tim already knows the processes and values of the award from our previous collaboration is a big bonus.”

    Real Estate Award 2025
    The next Real Estate Award will take place on 2 October 2025 at Trafo Baden. The application phase is already open. Companies from the Swiss construction and property industry can now submit their projects for the next edition. With Tim Caspar as Deputy Managing Director, Real Estate Award AG is sending a clear signal in favour of innovation and growth. The award remains an important platform for recognising and highlighting outstanding achievements in the sector.

  • Future-proof location for business and innovation

    Future-proof location for business and innovation

    Mrs Thalmann, you have been the mayor of the canton of Zug since 2023 and head the Department of Economic Affairs. It houses ten offices from the fields of business, education and social insurance and works with third-party partners from the fields of business and vocational training. How do you see the economic development of the Canton of Zug over the next five years?
    Very well. The financial situation of the Canton of Zug continues to develop positively and the canton has a high level of equity. The 2025 budget anticipates an income surplus of CHF 226 million. The very good earnings situation allows the canton to maintain its attractiveness as a business location. Such surpluses consolidate its already very good position. The canton of Zug can continue to position itself as a financially sound and attractive location for companies and a highly qualified workforce.
    The canton of Zug wants to maintain its position as an economically successful and attractive business location and residential canton. The political debate is ongoing. Large sums will be allocated in the 2025 budget and in the planning years 2026-2028 for contributions to supplementary childcare for pre-school and school-age children, the increase in the cantonal contribution per pupil to recognised public schools and the promotion of research into blockchain development. The increase in the canton’s share of inpatient healthcare costs will also be taken into account. The “Added value for all” package, which provides for tax relief for the people of Zug, businesses and the economy, will result in lower revenue.

    These measures, which the cantonal government intends to implement specifically for the benefit of the people of Zug and the economy, are possible thanks to the high revenue surpluses in previous years and the very solid equity capital. The expected additional income from the introduction of the OECD minimum tax is to be returned in full to the population and the economy.

    What is the Canton of Zug doing to remain an attractive location for companies in the future?
    It is the overall package of several factors that is decisive. The basic principles are business friendliness, service-orientation and a culture of innovation.

    The canton has significant clusters in various sectors and is an attractive location for established and up-and-coming local and international companies. A dense network of service providers, suppliers and private institutions support value-enhancing growth.
    Economic support for local companies is a top priority. The authorities support companies in their long-term growth. To this end, they offer access to the Zug business network. The lines of communication are short; concerns are dealt with quickly and in a solution-orientated manner.

    Which sectors are the focus of location promotion and how does the canton of Zug support their development?
    The canton of Zug has been pursuing a good framework policy for all sectors for decades and wants to maintain its attractiveness. Various industries have formed clusters; the industry groups are broadly diversified: Wholesale incl. consumer goods and commodities trading; high-tech / deep-tech industry; life science including pharma / biotech / medtech; finance with asset management / private equity / family offices; ICT including fintech and blockchain; headquarters as well as global procurement & supply chain functions.

    The focus is on the growth of the resident companies. In addition, new companies, especially value-added intensive companies, are moving here. I am delighted when companies from the second sector prosper in our canton. V-Zug, Siemens and Roche are just a few examples of very high value-added companies.

    The Zug economic region is larger than the canton of Zug. Access to a talent pool of potential specialists is sometimes an important reason for choosing Zug as a business location. There is no individual company promotion policy or cluster policy. What counts is a good economic environment with attractive taxes, well-trained skilled labour, a functioning infrastructure with short administrative distances. Then there is the proximity to the ETH, university, etc. and the regional universities of applied sciences, the quality of life in terms of landscape and culture, the accessibility thanks to the location in the heart of Europe with the connection to the airport in Zurich.

    How important is the tax policy of the Canton of Zug for attracting companies?
    Attractive taxes are an argument in favour of choosing a location; they open the door to the shortlist. Ultimately, it is the overall package of locational advantages that makes the difference. The Canton of Zug has a long-term tax and financial policy, high net assets and an attractive tax environment. It also offers planning and legal certainty.

    How does the Department of Economic Affairs support companies in the canton of Zug?
    80 per cent of the energy is used for economic development. Companies should feel at home here. The team at the Business Contact Centre is very service-minded and is in constant contact with various stakeholders in order to maintain business-friendly conditions for local companies. They see themselves as partners and promote Zug as a business location, are networked and in dialogue with local companies, business associations, organisations, etc. They are committed to the concerns of Zug’s entrepreneurs; their satisfaction is the goal.

    The property market in Zug is tight. What steps is the canton taking to create more living space?
    Finding living space is a major issue that also concerns the Zug government. The canton of Zug has just finalised a “Housing Policy Strategy 2030” with 19 measures that will be successively implemented. The main points are: more flats, more affordable flats and more flats for the local population. One of the aims is to increase the number of vacant flats to allow more movement. The resulting measures are Simplified and more flexible building regulations, such as adding storeys, superstructures or relaxing the requirements for high-rise buildings, should enable the construction of more living space. Existing building permit processes are to be reviewed and examined for simplification, acceleration and optimisation. By strengthening and simplifying the Housing Promotion Act, non-profit property developers should be able to obtain loans more easily and subject aid for needy households should be optimised.

    The Government Council is prepared to initiate the corresponding amendments to the Planning and Construction Act and the Housing Promotion Act. In principle, it wants to achieve the housing policy goals with voluntary measures. Financial incentives should lead to a larger, more readily available and affordable housing supply.

    What role does the canton play in promoting sustainable construction and energy-efficient property projects?
    On the one hand, the canton of Zug fortunately has investors who are taking on a pioneering role with regard to sustainable construction and energy-efficient projects. Examples include the Suurstoffi and Papieri sites and the Techcluster in Zug.

    On the other hand, the cantonal energy law comes into play: when heating systems are replaced, at least 20 per cent of the heating requirement must be covered by renewable energies or energy efficiency must be increased to the same extent. In order to cushion the financial consequences for building owners, the cantonal energy promotion programme will provide generous subsidies for the replacement of heating systems and thermal insulation until 2032.

    As mayor, you are also active in regional and national politics. What challenges do you see for the coming years?
    The challenge is to provide childcare to supplement family life in line with demand. Other tasks include finding answers to demographic developments and dealing with the increasing numbers of asylum seekers – the people of Zug are doing a great deal to integrate; the canton of Zug promotes integration, the loss of tax attractiveness (STAF, minimum taxation) and a clarified relationship between Switzerland and the EU with regard to access to the market.

    Which upcoming property projects will influence the Zug economic region?
    The dynamic economic development of our canton has been and will continue to be strongly fuelled by the development of attractive sites for working and living. The focus on sustainability is particularly important here. Sites such as Suurstoffi (Rotkreuz), Papieri (Cham) and Techcluster/V-Zug (Zug) are already well-known projects with nationwide appeal. Upcoming major projects such as the LG site (Landis & Gyr) (Zug) or Unterfeld (Baar/Zug) as well as Hinterberg/Städtlerallmend (Cham/Steinhausen) will continue this sustainable development.

    The canton of Zug is investing CHF 40 million in the establishment of the Institute for Blockchain Research. What do you hope to gain from this?
    We believe that blockchain technology has the potential to change many areas of our lives and we want to be at the forefront of this development. With Blockchain Zug, we are launching an innovative flagship project with international appeal. This educational project will further strengthen Zug as a business location, also against the backdrop of the OECD minimum taxation introduced on 1 January 2024. This is a measure that will help to secure the competitive position of the canton of Zug as a successful residential and business location. The canton wants to bring together the areas of research, education and business and promote innovation. The aim of the initiative supported by the canton is to make Zug a leading global centre for blockchain research.

    Final question: Why should companies come to Zug?
    Zug has proven that it is a very attractive place to live and do business. Its success is based on a long-term development strategy. Decisive factors for choosing Zug as a business location are its business friendliness, the availability of skilled labour, decades of stability, the high quality of life and the short distances between Zug’s authorities, which work quickly and efficiently.

  • New certification raises the standard of advice in the property sector

    New certification raises the standard of advice in the property sector

    Property agent Betterhomes is increasing the quality of its advice, according to a press release. “The trainee programme is followed by a mandatory in-depth training course. All of our real estate agents complete the SAQ certification, a new quality standard for real estate marketers in Switzerland that is recognised throughout the industry,” said Cyrill Lanz, founder and CEO of Betterhomes AG in Zurich. All employees are to become certified SAQ real estate agents. The standard is an initiative of the Swiss Association for Quality(SAQ), the IREM (Institute Real Estate Management) and property marketers in Switzerland, including REMAX, Raiffeisen Immobilienmakler and Immoleague, according to the press release.

    “In view of the dynamic developments and increasing complexity of the property market, it is essential for real estate agents to be up to date at all times. New laws, changing customer needs and market changes require constant adaptation and further training,” quotes Christian Brunner, the founder of IREM based in Winterthur.

    The certification is valid for three years and must be renewed through regular further training, according to the press release. “The certification can also lead to the Swiss Federal Diploma in Real Estate Marketing or be recognised as part of a Certificate of Advanced Studies (CAS) as part of a Master of Advanced Studies (MAS) in Real Estate Management,” CEO Lanz is quoted as saying.

    With over 29,000 brokered properties and around 140 estate agents, Betterhomes Switzerland claims to be the largest independent estate agent in Switzerland.

  • Peter Baumgartner new Chairman of the Board of Directors of Admicasa

    Peter Baumgartner new Chairman of the Board of Directors of Admicasa

    Admicasa Fondsleitung AG announced the appointment of Peter Baumgartner as the new Chairman of the Board of Directors on 17 October 2024. Baumgartner brings many years of experience in international business and has an extensive network in various industries. He was previously CEO of Etihad Airways, where he led key strategic initiatives. Baumgartner’s appointment succeeds Beat Langenbach, who previously held the position.

    Experience and vision for the future
    Peter Baumgartner can look back on an impressive career in aviation, including senior positions at Swissair, Swiss and Etihad Airways. After returning to Switzerland, he founded the management consultancy Bluearbre Ltd. through which he continues to be actively involved in the consulting and investment scene. His international mandates in various sectors, including the property industry, make him the ideal choice for Admicasa Fondsleitung AG.

    Admicasa on course for growth
    Admicasa Fondsleitung AG, founded in autumn 2023, has already successfully launched its first real estate fund, the Admicasa Real Estate Fund. The fund focuses on investments in prime locations in the agglomeration and aims to utilise appreciation potential and generate attractive returns. With Baumgartner as the new Chairman of the Board of Directors, Admicasa Fund Management plans to further expand its innovative strength and implement new strategies to create value in the property sector.

    A visionary management style
    Peter Baumgartner emphasised in his first statement that he was looking forward to working with Admicasa’s experienced Board of Directors. “The Admicasa Group’s innovative approach fits in with my conviction of sustainable economic value creation. I am convinced that together we will open up new perspectives for fund management and ensure long-term success,” said Baumgartner.

  • Focus on smart and sustainable buildings

    Focus on smart and sustainable buildings

    According to a press release, Susanne Seitz is the first head of the Buildings Division at Siemens Smart Infrastructure. Previously, as Head of Sales and Marketing at Siemens Smart Infrastructure, she was responsible for the digital transformation of sales and marketing on a global level, among other things. Prior to that, she was a member of the Group Executive Management of Landis Gyr. The Swiss national studied environmental engineering at the Swiss Federal Institute of Technology in Zurich and holds an Executive MBA from the University of St.Gallen.

    Since October 1, the Buildings Division has bundled all building-related areas of Siemens. It has almost 30,000 employees worldwide and works with an ecosystem of partners in 60 countries. “Buildings cause more than 40 percent of annual global CO2 emissions worldwide and we have a responsibility to drive their decarbonization,” Matthias Rebellius, member of the Managing Board and CEO of Smart Infrastructure, is quoted as saying in the press release. “Smarter buildings create added value for owners, users, operators and the environment as a whole.”

    The new business unit is intended to further expand Siemens’ leading position in the building market. “With innovative technology, we can accelerate the transformation towards smarter, more autonomous and self-sufficient buildings by leveraging the benefits of artificial intelligence, IT/OT convergence and digital services,” Susanne Seitz is quoted as saying.

    Siemens Smart Infrastructure is based in Zug.

  • Location promotion with new management

    Location promotion with new management

    The handover in the management of Limmatstadt AG has been completed. Stephanie Kiener has taken over from long-time Managing Director Jasmina Ritz, the location promotion agency announced in a press release. Following her withdrawal from the operational business, Ritz will continue to be involved in Limmatstadt AG as Vice President of the Board of Directors.

    One of Kiener’s new tasks is to lead the process with which the location promotion agency intends to define its future direction. To this end, joint seminars with representatives from the Board of Directors and the Executive Board as well as the member municipalities and the Economic Advisory Board are planned from November. They will be supported by external consultants. “I am pleased to inform you about the results and the strategy for the coming years once the process has been completed,” Kiener is quoted as saying in the press release.

    In recent months, the location promotion team has created promising conditions for the future, according to Limmatstadt AG. The member municipalities want to make a greater financial commitment in future. The member municipalities of the Zurich Limmat Valley Planning Group are planning to increase their contributions as of 2025, while the four member municipalities in Aargau want to follow suit in 2026 and have approved a project contribution for the coming year.

    In addition, the number of members with annual contributions has been increased. This serves the objective of securing funding in the medium term in equal parts from the private and public sectors. The acquisition of new members will continue.

  • EWZ and EKZ join forces to combat skills shortage

    EWZ and EKZ join forces to combat skills shortage

    Without the work of the grid electricians, Zurich would remain dark. By building and maintaining electricity grids, they ensure that the city and canton are reliably supplied with electrical energy. Despite the importance of this profession, the shortage of skilled workers in the sector is a growing problem. For this reason, the leading electricity suppliers EKZ (Elektrizitätswerke des Kantons Zürich) and ewz (Elektrizitätswerk der Stadt Zürich) have joined forces to create a training program specifically for career changers.

    A training program for career changers
    The career changer program is aimed at professionals with a basic electrical engineering or technical background. During the training program, participants receive a full salary and learn practical skills on the job. The theoretical training takes place at the ewz training center in Zurich-Schwamendingen. After one year, graduates receive an internal training certificate, which distinguishes them as qualified grid electricians.

    Diverse career opportunities
    Many of the participants switch from other professions to grid electrics. Fabian V. from EKZ, who previously worked as an operations maintenance specialist, describes his new job as varied and exciting. Goran R. from ewz, who previously worked in fiber optic expansion, sees further training as a logical progression in his career and is looking forward to the new challenges.

    The communication campaign
    In order to reach potential candidates for the program, the companies have launched the “Komm ins Team Power” campaign. Short videos on various online channels as well as offline measures at sporting events and via employees are intended to address the target group. Further information can be found on the website www.teampower.ch.

    Working together to combat the shortage of skilled workers
    The collaboration between ewz and EKZ shows how energy companies can work together to combat the shortage of skilled workers and at the same time offer attractive career opportunities for career changers. The training of grid electricians is an important step towards ensuring security of supply in Zurich in the long term.

  • “We are constantly investing in our future”

    “We are constantly investing in our future”

    Mr Tamagni, since taking office in January 2021, you have further strengthened Schaffhausen’s position as an attractive place to live and do business. What specific measures have you taken to achieve this? What has worked well and what has worked less well?
    That’s right – the canton of Schaffhausen is developing very well! More and more people are discovering the advantages of Schaffhausen as a liveable alternative to the greater Zurich area and are moving here. This has long been the case for companies – the canton is particularly attractive for SMEs with a tax burden of 12 to 12.5%. Our framework conditions are excellent, the distances are short and we maintain close co-operation with companies in order to create new impetus together. The canton of Schaffhausen is a region whose environment and dynamism attracts committed people and companies. It is a region where you can put down roots because – despite all the hustle and bustle – it offers proximity and familiarity.

    What specific location promotion measures are you planning in your next term of office to make Schaffhausen even more attractive?
    The Government Council’s top priority remains to further strengthen Schaffhausen as a place to live and do business in the national and international competition for business locations. Tax relief measures are being developed in favour of the population and companies, and we are planning support measures for innovative companies and SMEs. The compatibility of family and career remains a high priority. The completion of the direct train connection to Basel and the dual carriageway expansion of the A4 motorway to Winterthur from around 2027 will be very important for investors in residential and commercial property.

    You want to push ahead with investments in strategic projects such as digitalisation and demographics. Can you tell us more about these projects and their significance for Schaffhausen?
    We drew up the first demographic strategy in Schaffhausen back in 2017 – one of the first cantons to do so. Our strategy is based on four key areas: Measures to maintain the labour pool, ensuring local care and healthcare services with forms of housing that support autonomy in old age. Furthermore, settlement and transport development will be aligned with demographic developments and the education system will be adapted to the increasingly diverse population.

    In terms of digitalisation, the cantonal government is focusing on overarching goals: Digital First for the population and the economy and complete end-to-end digitalisation of the administration. Every service and every process should be optimised and digitally available – to save resources and time.

    As Schaffhausen’s Director of Economic Affairs, how do you see the current property market in the canton and what trends do you expect to see in the coming years?
    Schaffhausen still has affordable living space and building land and therefore potential for residential development. The region will receive an additional boost from the expansion of the direct rail link to Basel and the removal of bottlenecks on the A4 motorway in the direction of Winterthur. This will make Schaffhausen a hub between Zurich, Winterthur and Basel, which will further increase its attractiveness as an economic and residential region.

    How does the canton of Schaffhausen strike a balance between the development of the urban centre and the preservation of Schaffhausen’s natural landscapes and historic architecture?
    Rural areas are a valuable part of the canton’s high quality of life. With regional and location development, the regional nature park and the promotion of tourism, Schaffhausen has specific programmes that take this balance into account and promote the strengthening of the countryside. Schaffhausen stands for proximity to nature and the diversity of gourmet products. The new tourism strategy pays particular attention to these aspects of Schaffhausen.

    With your focus on efficient, citizen-friendly and citizen-oriented public services, are there any plans to streamline processes relating to real estate transactions or building permits?
    With its digitalisation strategy, the cantonal government is laying out the cantonal administration’s path to the digital future. With the “Digital Administration Schaffhausen”, it is utilising the opportunity of digital transformation to expand user-friendly services for the population and the economy. Internal processes are being structured even more efficiently and employee collaboration is being restructured using agile methods and modern technologies. Digitalisation has already been an important topic in the canton of Schaffhausen for several years and individual services are well advanced. For example, the geoportal, where data is openly available. This benefits owners, buyers and also the administration.

    In your opinion, what role do sustainable and energy-efficient buildings play in future property development in Schaffhausen and in other economic sectors?
    The canton’s location policy takes global climate targets into account and has always pursued sustainable economic development. Schaffhausen companies are locally innovative, globally successful and make an important contribution to a sustainable economy with their investments, products and services. When it comes to energy-efficient and sustainable construction, the canton of Schaffhausen endeavours to act as a role model. An exciting regional initiative on this topic is the “Schaffhauser Haus”, which focuses on building with a regional focus. This strengthens the regional economy with craftsmanship, promotes young talent and sustainably closes material cycles.

    Given the growth of the city of Schaffhausen, what strategies are there to create adequate living space for all sections of the population?
    The canton of Schaffhausen has recorded moderate and sustainable population growth of less than one per cent over the last ten years – this is not comparable with other regions. If we take a look at the vacancy rates, it becomes clear that although the vacancy rate is also low, affordable living space is available. There are no queues like in Zurich. With further tax relief measures and investments in childcare, the canton is also improving the situation for families and high earners.

    As head of the Department of Economic Affairs, how do you see your role in implementing the canton’s economic policy goals?
    As Director of Economic Affairs, I am the top, direct point of contact. Short distances, quick decisions, a high level of service-orientation – that is our credo. I am a representative of the cantonal economic development agency, which functions as a “one-stop shop” as a contact point for questions from companies or people interested in relocating. Companies find open doors everywhere in Schaffhausen.

    What long-term effects do you expect your previous political measures to have on the canton of Schaffhausen?
    Looking back over the last 25 years, the effects are clear – the economic development of the region is a success story. The canton was in an economic crisis in the 1990s due to structural change. Today, Schaffhausen is an internationally recognised headquarters location with a strong industrial base. According to UBS, no other canton has improved as much as we have in terms of location factors. The financial situation with high tax revenues speaks for itself. Schaffhausen now belongs to the small group of payers in the national financial equalisation scheme.

    Schaffhausen is a border canton. What advantages and disadvantages does this bring for the canton in the property sector?
    Due to its special location between the Rhine and Germany, Schaffhausen has long been unjustly overshadowed by other cantons – for many, Switzerland ends at the Rhine. This view is changing more and more! Schaffhausen is now on the radar of many companies and investors who recognise its potential. For residents, the moderate development has its advantages: open countryside and nature have been preserved in the canton of Schaffhausen.

    What visions and concrete projects do you have for the future development of Schaffhausen as a place to live and do business?
    Pioneering spirit and industrial tradition characterise Schaffhausen as a business location. The Government Council’s top priority is to strengthen Schaffhausen as a place to live and do business. It is also important to secure, consolidate and strengthen the national and international competitiveness of Schaffhausen as a business location. Thanks to the very good financial situation in the canton, measures and projects in favour of the attractiveness of the location and the population can be developed and implemented. The compatibility of work and family life, the improvement of transport connections by road and rail within the canton and in particular to the Zurich and Basel regions, the implementation of energy and climate targets and the construction of important infrastructure projects are also priorities.

    Where do you see Schaffhausen in the next 20 years?
    In 2022, we developed projects and measures for a successful path into the future in the canton as part of the “next.” 2030 development strategy in a participatory process. The vision of Schaffhausen as a swarm and nest region now forms our overarching compass, from which the cantonal government has identified fields of action that are particularly central to utilising the region’s development potential. To improve the dynamics of the swarm region, for example, ecosystems of new technologies are to be established and the capacity for innovation strengthened. In order to maintain the quality of the nest region, the Government Council wants to ensure excellent location factors – from the training of skilled labour to production areas and framework conditions for companies – and harness social energy. For example, by providing a good range of basic services or strengthening tourism as part of the population’s quality of life. In this way, Schaffhausen can promote a pioneering spirit, be open and innovative and be a place where people want to put down roots and feel at home. With this basic attitude, Schaffhausen is a centre of attraction for companies and individuals who want to become involved in society and economic life.

  • Philipp Good joins the Board of Directors of Helvetica

    Philipp Good joins the Board of Directors of Helvetica

    Philipp Good joins the existing board, whose members include Peter E. Bodmer (Chairman), Dr Hans Ueli Keller (Vice Chairman), Dr Franziska Blindow-Prettl, Theodor Härtsch and Herbert Kahlich. He joins the management body at a time when sustainability is playing an increasingly important role in the property sector. His election is seen as a strategically important step for the future positioning of the Helvetica property funds, which aim to secure stable returns for investors in the long term through sustainable investment solutions.

    Focus on sustainable investments
    With his many years of experience in dealing with pension funds and specialised sustainability investments, Good strengthens Helvetica Property Investors AG’s commitment to responsible investing. His ability to develop investment strategies that achieve positive social and environmental impacts in addition to returns is particularly relevant. “His experience in the area of sustainable investment solutions will help to ensure that the Helvetica property funds are equipped for the future,” emphasised Chairman of the Board of Directors Peter E. Bodmer.

    Setting the strategic course for the future
    Philipp Good is highly motivated to put his expertise at the service of Helvetica: “I am looking forward to developing innovative and responsible investment solutions together with the Board of Directors. My aim is to create solutions that combine economic success with positive social effects.” This strategic decision will ensure that Helvetica remains a leading player in the field of sustainable property investments in an increasingly challenging market environment.

    With the election of Philipp Good, Helvetica is sending a strong signal for its future-oriented focus in the area of sustainable property investments. This strengthening of the Board of Directors will enable the company to focus even better on the challenges and opportunities of the property industry and secure attractive long-term returns for its investors.

  • Degersheim elementary school relies on Lista Office LO

    Degersheim elementary school relies on Lista Office LO

    Lista Office LO has refurnished four classrooms at the elementary school in Degersheim in time for the start of school in mid-August, the internationally active office outfitter based in the same town announced in a press release. The agile furnishings in the Steinegg school building are intended to enable new ways of creative teaching and motivated learning, Lista Office LO explains in the project description. “Modern teaching is based on a variety of didactic methods,” says principal Stefan Gübeli. “With the new furniture, this diversity can simply be lived.”

    For class teacher Madlene Keller, it is important to be able to implement different forms of learning without major alterations. “It is important not to disturb the other children while setting up learning settings,” Keller is quoted as saying in the press release. “The ideal furniture must therefore be able to be moved and rearranged quickly, quietly and easily by both teachers and pupils.”

    For the new furnishings in Degersheim, the elementary school was able to test various pieces of furniture extensively before purchasing them. “This gave us the certainty that our pupils would be able to work well with the new furniture and would enjoy working with it,” explains Keller. “My perception of the new furniture is that the classrooms have a noticeably different atmosphere.” Specifically, the class teacher notices an airier and lighter overall design with lots of open spaces. In her opinion, this has “noticeable positive effects on the thinking and motivation of the learners”.

  • New professorships in Real Estate Economics & Finance from autumn 2024

    New professorships in Real Estate Economics & Finance from autumn 2024

    CUREM is pleased to announce a significant expansion of its academic focus. From autumn 2024, two new professorships in the field of “Real Estate Economics & Finance” will be established, supported by three major funding partners from the real estate industry. This step not only marks a milestone in the history of CUREM, but also sets new standards for cooperation between academic research and practice in the real estate industry.

    The creation of these professorships underlines CUREM’s role as a leading provider of further education and research in the property industry in Zurich. The close exchange between science and practice is of central importance: “We are firmly convinced that the interplay between academic research and practical knowledge forms the basis of excellent further education,” says the CUREM management.

    Academic excellence meets practice-orientated teaching
    Two renowned academics have been recruited for the new professorships, who enjoy both international and national recognition and share the vision of academic excellence and practice-orientated teaching: Prof Dr Christian Hilber and Dr Francisco Amaral.

    An international expert in housing policy and urban development
    Prof. Dr Christian Hilber will take up a part-time professorship ad personam (20%) at the University of Zurich from autumn 2024. Hilber, who is currently Professor of Economic Geography at the London School of Economics (LSE), brings with him outstanding expertise in the field of housing policy and urban development. These topics are also highly relevant for Switzerland, where housing policy is facing major challenges.

    “It is a particular pleasure for me to be able to contribute my experience in Zurich. Switzerland is facing major challenges in the area of housing policy, and I am convinced that together we can develop solutions that are both economically and socially sustainable,” emphasises Prof. Hilber.

    In addition to his academic career, Prof. Hilber has extensive experience in advising governments and international organisations such as the OECD and the Asian Development Bank. His work at CUREM will further strengthen international networking and the practical exchange of knowledge.

    Focus on financial and real estate economics
    Dr Francisco Amaral, who will be an assistant professor (100%) at the University of Zurich from October 2024, brings valuable expertise at the interface of financial and real estate economics. His research focuses on the interactions between risk and return in housing markets under different macroeconomic conditions.

    “In Switzerland, as in many Western countries, the housing market plays a central role in the financial stability and well-being of society. To develop sustainable measures that make the market more resilient and affordable, we need to understand what factors influence risk and return,” explains Dr Amaral, who holds a PhD from the University of Bonn.

    With his extensive research experience, Dr Amaral contributes significantly to the scientific consolidation and further development of CUREM, particularly in the areas of financial market analysis and real estate economics.

    Strengthening Zurich as a centre for real estate research
    The establishment of these professorships is not only a decisive step for CUREM, but also for Zurich as a location. The expanded scientific focus will further strengthen Zurich as a leading hub for property research and teaching in Europe. The close cooperation between science and practice will promote the transfer of knowledge and contribute to the development of innovative solutions for current challenges in the property sector.

    A pioneering step for the property sector
    With the new professorships in “Real Estate Economics & Finance”, CUREM is sending a clear signal for the future direction of real estate research and teaching in Zurich. The combination of academic excellence with practice-orientated knowledge will not only strengthen CUREM in the long term, but also the entire property sector. Prof Dr Christian Hilber and Dr Francisco Amaral will bring with them valuable experience and fresh impetus that will contribute to the further development of the institute and to overcoming the challenges of the housing market.

    This exciting development marks the beginning of a new era for CUREM and the property sector in Switzerland. We look forward to the future collaboration and the new perspectives that these professorships will open up.

  • ZHAW awards 77 Bachelor’s and 10 Master’s degrees

    ZHAW awards 77 Bachelor’s and 10 Master’s degrees

    On Friday, 30 August 2024, the graduates of the ZHAW Bachelor’s degree programme in Facility Management and the Master’s degree programme in Real Estate & Facility Management were presented with their diplomas at the Technopark Zurich. A total of 47 women and 40 men received their long-awaited diplomas, marking the end of an intensive and successful period of study.

    Prof Dr Urs Hilber, Director of the ZHAW Department of Life Sciences and Facility Management, gave the opening speech at the ceremony. He congratulated the graduates on their degrees and emphasised the importance of their future contributions in a rapidly changing world. Katrin Leuenberger, Head of the Real Estate Office of the Canton of Zurich and member of the Advisory Board of the Institute of Facility Management, gave the ceremonial address. She emphasised how essential well-trained specialists in the field of real estate and facility management are for overcoming major social challenges.

    Awards and special achievements
    Irene Arnold and Anja Fuchs-Barbana, head of the Bachelor’s degree programme, presented the 77 successful Bachelor’s graduates with their diplomas. Till Plüss, who was honoured as the best student in his year, was particularly outstanding. Together with Sara Lehmann, he also received the prize for the best thesis, which was presented by Rainer Artho, Managing Director of the Swiss Association for Facility Management and Maintenance. Both theses were awarded the top grade of 6.00.

    In the Master’s programme, Prof. Dr Isabelle Wrase and Zifei Wang-Speiser were able to award 10 Master’s diplomas to five women and five men. Particularly outstanding were Tania Kornsteiner and Severin Keller, who were both honoured for their excellent performance. Severin Keller also received the prize for the best master’s thesis for his master’s thesis entitled “Asset Returns and Liquidity: Empirical Insights from Publicly Traded Real Estate Assets”, presented by Nora Dainton, board member of the IFMA Switzerland Chapter.

    A look back at an eventful period of study
    Anja Balsiger and Oliver Horner for the Bachelor’s students and Elsa Jeanfavre for the Master’s graduates brought the graduation ceremony to a festive close with an entertaining look back at their time at university. They reviewed the highlights of their years of study and recalled the challenges and successes they had overcome together on their way to this important milestone.

    The graduates can now look forward to a promising future in an industry that demands well-trained specialists and managers and in which they will contribute their skills and knowledge for the benefit of society.