immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Plazza

  • Thomas Casata becomes the new CEO of PLAZZA

    Thomas Casata becomes the new CEO of PLAZZA

    Thomas Casata (1965, Swiss citizen) has been CFO for PLAZZA AG since 2016. He studied business administration at the University of Stuttgart and has many years of extensive experience in the financial sector. Among other things, he worked as a partner for EJ Capital AG and for around 13 years was CFO and member of the executive board of ExecuJet Aviation Group in Zurich, Ascom in Bern and Esec in Cham.

    For PLAZZA, the appointment of Thomas Casata as CEO means the continuation of the very successful and proven team of management. As CFO, he quickly familiarized himself with the specifics of the real estate sector, professionally managed the finance department and developed an exemplary basis for decision-making for the management and board of directors. In his new role he will play an even more important role in the further development of PLAZZA.

    Thomas Casata says: “I am delighted with the additional trust that the Board of Directors has placed in my work and in myself. PLAZZA is excellently positioned and has a promising pipeline. In my new leadership role, I would like to consistently pursue this path to success together with my team. "


    Ralph Siegle's tasks in the real estate area will in future be carried out by a real estate / portfolio manager as a member of the three-person management team. This position will be created as of January 1, 2022 as part of the succession plan. The Board of Directors has already initiated the relevant search.

  • Plazza defies the pandemic

    Plazza defies the pandemic

    Plazza AG achieved a very positive result in 2020 and exceeded its own expectations, writes the Zurich real estate company in a press release . Specifically, the company, which has been listed on the SIX since 2015, was able to increase its property income from CHF 24.3 million in the previous year to CHF 24.6 million in the year under review. At the same time, the operating result before depreciation and revaluation increased from 18.9 million to 20.0 million francs.

    The profit was 63.3 million francs, compared to 36.7 million francs in the previous year. The increase is primarily due to success in revaluations, explains Plazza in the press release. Without taking them into account, the profit remained unchanged from 2019 at 17.0 million francs.

    Plazza cites the high proportion of residential properties in its own portfolio as the background for the good developments. It was unchanged at 73 percent in the year under review and will continue to rise this year through the purchase of 80 apartments in the Tiergarten estate in Zurich's Friesenberg district, the statement said. According to her, none of the apartments managed by Plazza had been vacant by the end of 2020. Overall, the real estate company was able to reduce its vacancy rate year-on-year from 4.0 to 3.7 percent. The company writes that it mainly affects free commercial space.

    For the current year, Plazza is aiming for an operating result before depreciation and revaluation "at least in the order of 2020". Subject to the building permit expected in the first half of the year, the first stage of the development project in Crissier VD is to be tackled. The construction of a nursing home for a foundation and a primary school for the community of Crissier were agreed in the reporting year.