Zug Estates : Alain Baumgartner joins Zug Estates Group Management
January 29, 2021 at 01:04 am
Share
EQS Group-Ad-hoc: Zug Estates Holding AG / Key word(s): Personnel/Real Estate
Alain Baumgartner joins Zug Estates Group Management
29-Jan-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
Press release Zug, 29 January 2021
The Board of Directors and Group Management of Zug Estates Holding AG have named Alain Baumgartner (40) as the Head of Portfolio Management and a Member of Group Management at Zug Estates AG. He will start in the newly created position at Zug Estates on 1 May 2021.
Alain Baumgartner, MRICS, has been Head of Real Estate Portfolio Management and a Member of the Extended Executive Board at the Avobis Group AG in Zurich since October 2019. Before that, he worked in portfolio management at Swiss Life Asset Management AG for over 10 years, working his way up to become Head of the Commercial Centres Portfolio and Deputy Head of Portfolio Management. Mr Baumgartner has a Master in Advanced Studies (MAS) in Real Estate Management from the University of Applied Sciences in Business Administration in Zurich (HWZ).
Publication of 2020 annual report General meeting of shareholders Publication of 2021 half-yearly report
For further information, please contact:
Patrik Stillhart, CEO
T +41 729 10 10, ir@zugestates.ch
About Zug Estate AG: The Zug Estates Group conceives, develops, markets and manages properties in the Zug region. It focuses on central sites which are suitable for a wide range of uses and allow sustainable development. The real estate portfolio comprises the two sites in Zug and Risch Rotkreuz. The Group also runs a city resort in Zug incorporating the two leading business hotels Parkhotel Zug and City Garden, augmented by a range of restaurant outlets. As at June 30, 2020, the total portfolio value was CHF 1.63 bn. Zug Estates Holding AG is listed on the SIX Swiss Exchange, Zurich, (ticker symbol: ZUGN; securities number: 14 805 212).
Zug Estates Holding AG | Industriestrasse 12 | CH-6300 Zug | T +41 41 729 10 10 | www.zugestates.ch
Zug Estates Holding AG is a Switzerland-based company engaged in the development, sale and management of real estate properties in the Zug region, Switzerland. It is also the holding company of the Zug Estates Group, which comprised wholly owned subsidiaries Zug Estates AG, ZEW Immobilien AG and Hotelbusiness Zug AG. The Company invests in numerous properties, as well as three investment properties under construction and one undeveloped plot. Through Hotelbusiness Zug AG, the Company operates a city resort that consists of two business hotels Parkhotel Zug and City Garden, as well as serviced city apartments geared towards business clients with a total offering of approximately 250 overnight units and a range of restaurants. The Company's real estate portfolio consists of residential, office and retail space in the mid to upper segment of the real estate market.