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Zug Estates Advances ‘Living Space Metalli’ Project with Political Backing

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Zug Estates Advances ‘Living Space Metalli’ Project with Political Backing

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Zug Estates Holding AG Class B ( (CH:ZUGN) ) has provided an update.

Zug Estates Holding AG has achieved a significant milestone with the political approval process for its ‘Living Space Metalli’ project, which aims to transform the existing Metalli area in Zug into a dynamic city district with additional living spaces, including affordable housing, and new green outdoor areas. This development, supported by the Grand Municipal Council of Zug, will include 160 new apartments and enhanced public spaces, contributing to a more attractive and livable environment for residents and businesses, while preserving the area’s architectural identity.

More about Zug Estates Holding AG Class B

Zug Estates Holding AG is a company that designs, develops, markets, and manages properties in the Zug region, focusing on centrally located areas that support diverse uses and sustainable development. Its real estate portfolio includes areas in Zug and Risch-Rotkreuz, and it operates a city resort in Zug with business hotels and gastronomy offerings. The company’s portfolio was valued at CHF 1.86 billion as of December 31, 2024, and it is listed on the SIX Swiss Exchange.

Average Trading Volume: 98

Current Market Cap: CHF1.1B

For a thorough assessment of ZUGN stock, go to TipRanks’ Stock Analysis page.

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