January 2005

Years of growth

Key strategic acquisitions and developments have continuously expanded our company history. For example, the takeover of Maag Holding (2004), which led to the development of the Maag site in Zurich West. The acquisition of Jelmoli in 2009 also brought many attractive properties into our property portfolio.

Maag Holding emerged from the historic Maag Zahnräder AG, a Swiss industrial company specialising in gear manufacturing. The production companies of Maag Holding were sold by 1997 and Maag Zahnräder was transformed into a property company, which was merged into Swiss Prime Site in 2004.

The year 2009 was characterised by the merger with the Jelmoli Group. The integration of the Jelmoli Group strengthened Swiss Prime Site in various aspects. With the approximately 120 Jelmoli properties, the total property portfolio increased from CHF 3.8 billion to CHF 8.1 billion, while the diversification of the property portfolio in terms of use, tenants and economic regions throughout Switzerland was sustainably improved.