New tenants in Zug and Rotkreuz and aigu restaurant opening

Zug Estates Holding AG / Key word(s): Real Estate
New tenants in Zug and Rotkreuz and aigu restaurant opening

07.11.2023 / 19:50 CET/CEST

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Press release
Zug, 7 November 2023

The Zug Estates Group has signed multiple long-term rental contracts for the
Suurstoffi site in Rotkreuz and the Metalli centre in Zug. The new aigu
Restaurant & Bar at the Park Hotel Zug is a welcome addition to the dining
and events scene in the city of Zug.

Canton of Zug opens new school on Suurstoffi site
The canton of Zug will be taking over the property Suurstoffi 6 with an area
of 4,500 m2 from Utopia Music AG as of January 1st 2024, for a fixed rental
term of ten years. The interior construction will be finished by summer
2025, enabling the secondary school to open in time for the start of the
2025/26 school year.

New retail brand and childcare facility at Metalli centre
The last 190m2 of space remaining from the conversion of what used to be the
Zara store at the Metalli shopping centre will be leased by Moem Retail GmbH
as of February 1st, 2024. The company will open a PME Legend monobrand store
in the spring of 2024. The lifestyle label PME Legend is a market leader in
men's fashion, specialising in premium jeans and casual clothing.

futura Montessori Zug GmbH has signed a five-year rental agreement. It will
rent approximately 580m2 from mid-November 2023 and will operate a childcare
facility.

New restaurant at Park Hotel Zug and new name for Hotelbusiness Zug AG
Major renovation work on the ground floor of the Park Hotel Zug has been
ongoing for the past four months. The new aigu Restaurant & Bar (
www.restaurant-aigu.ch) is now ready to serve up traditional Swiss cuisine
with a taste of the South of France. Boasting a spacious terrace and a new
conservatory, the restaurant is now more open and inviting. Plus, it has
plenty of space to host large events.

Following this new direction, Hotelbusiness Zug AG, which owns Park Hotel
Zug and aigu Restaurant & Bar as well as City Garden Hotel, City Apartments
and Secret Garden Restaurant & Bar, has changed its name to Garden Park Zug
AG ( www.gardenpark.ch).

Photos of aigu Restaurant & Bar
https://zugestates.ch/en/downloads#pressefotos

Downloads:

Press release (PDF)

Important dates:

     21 February 2024 | Publication of the 2023 Annual Report
     9 April 2024 | General meeting of shareholders
     22 August 2024 | Publication of Half-Year Report 2024

For further information, please contact:

Patrik Stillhart, CEO T +41 41 729 10 10, (1)ir@zugestates.ch



1. mailto:ir@zugestates.ch
About Zug Estates
The Zug Estates Group conceives, develops, markets and manages properties in
the Zug region. It focuses on central sites that are suitable for a wide
range of uses and allow sustainable development. The real estate portfolio
is comprised mainly of the two sites in Zug and Risch Rotkreuz. The Group
also runs a city resort in Zug incorporating the leading business hotels
Park Hotel Zug and City Garden and a comprehensive range of restaurants. The
total value of the portfolio came to CHF 1.83 billion on 30 June 2023. Zug
Estates Holding AG is listed on the SIX Swiss Exchange, Zurich (ticker
symbol: ZUGN, security number: 14 805 212).

Zug Estates Holding AG | Industriestrasse 12 | CH-6300 Zug | T +41 41 729 10
10 | www.zugestates.ch


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End of Media Release

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   Language:       English
   Company:        Zug Estates Holding AG
                   Industriestrasse 12
                   6300 Zug
                   Switzerland
   Phone:          +41 41 729 10 10
   E-mail:         ir@zugestates.ch
   Internet:       www.zugestates.ch
   ISIN:           CH0148052126, CH0148052118
   Valor:          A1J0M6
   Listed:         SIX Swiss Exchange
   EQS News ID:    1767565

End of News EQS News Service
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1767565 07.11.2023 CET/CEST