Very pleasing results for Zug Estates Group

Thanks to the favourable economic environment, solid demand for attractive and well-developed rental spaces and falling interest rates, the Zug Estates Group generated a very pleasing result.

• Net income of CHF 58.7 million was substantially higher than the previous year’s figure (CHF 24.2 million). 
• Excluding revaluation and special effects, there was a clear rise in net income of 9.0% from CHF 33.9 million to CHF 36.9 million. 
• Property income increased by 5.5% from CHF 65.7 million to CHF 69.3 million. 
• The vacancy rate fell markedly to a very low 0.7% (3.9% as at 31 December 2023). 
• Zug Estates has decided to launch the political approval process for the Metalli Living Space project. 
• The Board of Directors will propose to the general meeting of shareholders that the ordinary dividend per series B registered share be increased by 6.8% to CHF 47.00 (previous year: CHF 44.00) 
• Annelies Häcki Buhofer is not standing for re-election to the Board of Directors as she has reached the statutory age limit. At the general meeting of shareholders, the Board of Directors will propose that Julia Häcki be elected as a new Board member. 
• In the 2025 financial year, a slight increase in property income and net income excluding revaluation and special effects at the previous year’s level is expected.