Stories that move us

Alto Pont-Rouge – new spaces in Geneva to work and live

Right by Lancy-Pont-Rouge train station, on the Esplanade 4 plot, a services building of 28,000 square metres across 15 upper floors has been taking shape over the last three years: Alto Pont-Rouge. This is the next major construction milestone in Geneva’s major development project Praille-Acacias-Vernets (PAV), where a new urban district is emerging on a 230-hectare site.

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Beauty, service and synergies

On 2 September 2019, Pallas Kliniken opened their first Aesthetics flagship store at Jelmoli. What connects Switzerland’s largest premium department store with a beauty clinic? A discussion about service, lifestyle medicine and the property concepts of the future.

Jelmoli Portfolio Stakeholder Infrastructure

The doors to Pallas Kliniken on the fourth floor of Jelmoli are wide open. The generously proportioned reception area is an inviting space. «It’s hard to believe that there was nothing but ordinary offices here just a few months ago», says Reto Felder. He is an asset manager with Swiss Prime Site Immobilien and looks after the property, which has been in the company’s possession since it took over Jelmoli in 2009. It is now one of the most valuable buildings in its portfolio.

Behind the reception desk, which seems to imitate an human silhouette, there are two cylindrical rooms. «We use them for brief customer consultations. It could be someone looking around Jelmoli who drops in because they’re interested in a treatment and want to get more information», explains Martine Fehr, who is manager of the new Pallas location and also responsible for the Aesthetics division throughout the Zurich area. With this she mentions two of the reasons why Jelmoli and Pallas Kliniken have formed a partnership – both companies cater to a demanding clientele, and both companies provide exclusive services. «We saw the synergies and presented our idea to Pallas Kliniken CEO, Georgos Pallas, in October 2018», explains Reto Felder. «We had met at a business networking event for the Wirtschaftsförderung Region Olten just a few months before», he recalls. «We both have our headquarters in Olten.»

The interior of the beauty clinic is an impressive blend of pared-down design and luxurious furnishings. The colour scheme sticks to subtle beige and white tones. «We wanted to offer our guests a comfortable environment that isn’t sterile», explains Martine Fehr. «My background is in hospitality, so I have always focused on the needs and satisfaction of the customer. All our services adhere to the same high quality, because we don’t just want to meet customer expectations – we want to exceed them.» It’s a goal Jelmoli shares. Just like Pallas Kliniken, the long-standing department store aims to give that final touch-up to the customer journey and constantly develop the customer experience. Switzerland’s largest premium department store has increasingly become a meeting place in recent years, with its unique shopping experiences and innovative service concepts. Customers are greeted by a comprehensive range that encompasses fashion, sport, lifestyle and food. «With the arrival of Pallas Kliniken we now offer an even broader spectrum in the field of beauty – a range of services you won’t find anywhere else in Switzerland», says Reto Felder.

The treatment rooms are flooded with light and fitted with the latest equipment. With floor space of around 900 m2, there is room for dermatological procedures such as tattoo removal, pigmentation treatment, medical cosmetology and anti-ageing methods. Fat cell reduction through non-invasive or surgical procedures is also offered, as well as plastic surgery for face and body. «We started out by treating eye disorders and vision defects. Our core competencies are laser vision correction and lens implantations», explains Martine Fehr. This year the family company celebrates its 25-year anniversary.

At their new location, a staff of 32 is on hand to look after customers. «To welcome our guests we offer a refreshing towel along with tea or a welcome drink», says Martine Fehr. Treatment rooms, where procedures such as hair replacement may take several hours, are fitted with streaming TV as standard. «If our guests are hungry we order them a freshly prepared meal from the restaurant Sopra, which is connected to our premises by a door, or any of the other restaurants throughout the department store – 11 in total.» All according to the principle of cross selling. Martine Fehr and Reto Felder agree: «We want to make the most of synergies and create new ones.» Pallas Kliniken send their staff uniforms to Terlinden in the basement level for cleaning, get room fragrances from the perfumery department and order wine for their events at the Mövenpick wine cellar in the FOOD Market. «We have put together attractive packages with Coiffina and Holmes Place which can be booked either through us or our partners. And we are also part of the Jelmoli bonus programme», says Martine Fehr. Many customers come to appointments with family members. «Instead of waiting around, at Jelmoli they have the option of browsing, shopping, or treating themselves to a meal in one of the numerous restaurants», adds Reto Felder.

«Making Zurich more beautiful» – that’s the slogan on posters that Pallas Kliniken is using to advertise its new Jelmoli location. You can find them all over the city in eye-catching red, with attractive models showing plenty of skin. «It’s 2019, and we have the confidence to say – this is who we are. There has been a positive change in the perception of aesthetic medicine. Beauty is individual», says Martine Fehr. And here she touches on a trend: individualisation. Germany’s Zukunftsinstitut (Future Institute) has identified individualisation as a megatrend, the defining cultural principle of modern society. A lifestyle, in other words. «This is what we want to offer our customers. That’s why the cooperation with Pallas Kliniken is a fruitful investment in the future of Jelmoli – both in the property and what is on offer there», Reto Felder believes.

What do the two hope to get out of their collaboration? «That we can realise the vision that unites us – continuing to offer our customers high quality, premium experiences.»

Resources in mind – sustainable investing in circular buildings

Properties are long-term investments that stand for decades and therefore have a major impact on our environment. With this in mind, Swiss Prime Site pursues a sustainability strategy that covers the most important environmental, social and governance (ESG) aspects.

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Beauty, service and synergies

On 2 September 2019, Pallas Kliniken opened their first Aesthetics flagship store at Jelmoli. What connects Switzerland’s largest premium department store with a beauty clinic? A discussion about service, lifestyle medicine and the property concepts of the future.

Jelmoli Portfolio Stakeholder Infrastructure

The doors to Pallas Kliniken on the fourth floor of Jelmoli are wide open. The generously proportioned reception area is an inviting space. «It’s hard to believe that there was nothing but ordinary offices here just a few months ago», says Reto Felder. He is an asset manager with Swiss Prime Site Immobilien and looks after the property, which has been in the company’s possession since it took over Jelmoli in 2009. It is now one of the most valuable buildings in its portfolio.

Behind the reception desk, which seems to imitate an human silhouette, there are two cylindrical rooms. «We use them for brief customer consultations. It could be someone looking around Jelmoli who drops in because they’re interested in a treatment and want to get more information», explains Martine Fehr, who is manager of the new Pallas location and also responsible for the Aesthetics division throughout the Zurich area. With this she mentions two of the reasons why Jelmoli and Pallas Kliniken have formed a partnership – both companies cater to a demanding clientele, and both companies provide exclusive services. «We saw the synergies and presented our idea to Pallas Kliniken CEO, Georgos Pallas, in October 2018», explains Reto Felder. «We had met at a business networking event for the Wirtschaftsförderung Region Olten just a few months before», he recalls. «We both have our headquarters in Olten.»

The interior of the beauty clinic is an impressive blend of pared-down design and luxurious furnishings. The colour scheme sticks to subtle beige and white tones. «We wanted to offer our guests a comfortable environment that isn’t sterile», explains Martine Fehr. «My background is in hospitality, so I have always focused on the needs and satisfaction of the customer. All our services adhere to the same high quality, because we don’t just want to meet customer expectations – we want to exceed them.» It’s a goal Jelmoli shares. Just like Pallas Kliniken, the long-standing department store aims to give that final touch-up to the customer journey and constantly develop the customer experience. Switzerland’s largest premium department store has increasingly become a meeting place in recent years, with its unique shopping experiences and innovative service concepts. Customers are greeted by a comprehensive range that encompasses fashion, sport, lifestyle and food. «With the arrival of Pallas Kliniken we now offer an even broader spectrum in the field of beauty – a range of services you won’t find anywhere else in Switzerland», says Reto Felder.

The treatment rooms are flooded with light and fitted with the latest equipment. With floor space of around 900 m2, there is room for dermatological procedures such as tattoo removal, pigmentation treatment, medical cosmetology and anti-ageing methods. Fat cell reduction through non-invasive or surgical procedures is also offered, as well as plastic surgery for face and body. «We started out by treating eye disorders and vision defects. Our core competencies are laser vision correction and lens implantations», explains Martine Fehr. This year the family company celebrates its 25-year anniversary.

At their new location, a staff of 32 is on hand to look after customers. «To welcome our guests we offer a refreshing towel along with tea or a welcome drink», says Martine Fehr. Treatment rooms, where procedures such as hair replacement may take several hours, are fitted with streaming TV as standard. «If our guests are hungry we order them a freshly prepared meal from the restaurant Sopra, which is connected to our premises by a door, or any of the other restaurants throughout the department store – 11 in total.» All according to the principle of cross selling. Martine Fehr and Reto Felder agree: «We want to make the most of synergies and create new ones.» Pallas Kliniken send their staff uniforms to Terlinden in the basement level for cleaning, get room fragrances from the perfumery department and order wine for their events at the Mövenpick wine cellar in the FOOD Market. «We have put together attractive packages with Coiffina and Holmes Place which can be booked either through us or our partners. And we are also part of the Jelmoli bonus programme», says Martine Fehr. Many customers come to appointments with family members. «Instead of waiting around, at Jelmoli they have the option of browsing, shopping, or treating themselves to a meal in one of the numerous restaurants», adds Reto Felder.

«Making Zurich more beautiful» – that’s the slogan on posters that Pallas Kliniken is using to advertise its new Jelmoli location. You can find them all over the city in eye-catching red, with attractive models showing plenty of skin. «It’s 2019, and we have the confidence to say – this is who we are. There has been a positive change in the perception of aesthetic medicine. Beauty is individual», says Martine Fehr. And here she touches on a trend: individualisation. Germany’s Zukunftsinstitut (Future Institute) has identified individualisation as a megatrend, the defining cultural principle of modern society. A lifestyle, in other words. «This is what we want to offer our customers. That’s why the cooperation with Pallas Kliniken is a fruitful investment in the future of Jelmoli – both in the property and what is on offer there», Reto Felder believes.

What do the two hope to get out of their collaboration? «That we can realise the vision that unites us – continuing to offer our customers high quality, premium experiences.»

Contributions in kind – the ideal solution for property owners

Direct property investment can be challenging for property owners. The kind of ­detailed knowledge of regional markets and specific real estate expertise that Swiss Prime Site Solutions offers is essential. Many different factors need to be ­considered in an existing portfolio, such areas as sustainability, vacancy reduction, ­renovation backlogs and utilisation of potential, as well as regulatory and political ­challenges. Economies of scale are also an important consideration here.

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Direct property investment can be challenging for property owners. The kind of ­detailed knowledge of regional markets and specific real estate expertise that Swiss Prime Site Solutions offers is essential. Many different factors need to be ­considered in an existing portfolio, such areas as sustainability, vacancy reduction, ­renovation backlogs and utilisation of potential, as well as regulatory and political ­challenges. Economies of scale are also an important consideration here.

The contribution of real estate to an ­investment vehicle is defined as a contribution in kind. In return, the owner receives shares in the investment vehicle (investment foundation and/or investment fund). The tax-optimised contribution in kind allows the property owner to transfer their directly held property portfolio to an indirect real estate investment. A contribution in kind also gives small and medium-­sized pension funds and institutional investors access to larger real estate investment volumes that are professionally and efficiently managed.

«Our decision to enter into a transaction with the Swiss Prime Investment Foundation was influenced not only by the investment group’s strong portfolio, but also by its professional approach.»

Antonio Sacco
Managing Director of the Ringier Group’s pension fund

Diversification is of central importance in optimising the risk-return profile of a property portfolio. Since direct real estate investment by pension funds has historically grown regionally, contribution-in-kind transactions allow greater geographical and use-specific diversification. Furthermore, the considerations around sustainability are crucially important.

Implementing a contribution in kind is a multi-step process which usually comprises five key milestones. Firstly, the owners need to be willing to sell the properties. The fund management company or investment foundation then checks whether the property is suitable for acquisition, while the custodian bank verifies the eligibility of the investors. The third step involves a thorough inspection of the property, in which the purchase price is determined by a valuation expert, and a purchase price indication is given. The fourth step involves the payment of the purchase price, which is made in the form of share certificates and, if applicable, cash. In the fifth and final step, the previous property owner becomes the new investor with shares.

Swiss Prime Site Solutions has demonstrated its expertise with contributions in kind several times over recent years. We have successfully completed five such trans­actions with a value of about CHF 400 million. For example, we were able to take over 33 properties for the Swiss Prime Investment Foundation as part of a contribution in kind from the Ringier Group’s pension fund. «Our deci­sion to enter into a transaction with the Swiss Prime Investment Foundation was influenced not only by the investment group’s strong portfolio, but also by its professional approach», says Antonio Sacco, managing director of the Ringier Group’s pension fund.

We support our clients throughout the entire contribution-in-kind process with our extensive experience and through access to our nationwide network of experts. Our innovative process for execution of contributions in kind serves as an exemplar.

Benefits of in-kind ­contributions

Better performance

­Efficient use of capital, potential ­revaluation gains, tax advantages for investors, asset optimisation

Less risk

Greater diversification effect, stable cash flow, maximum transparency

Optimisation of resources

Assignment of operational property management, efficiency gains, ­freeing up of resources, succession planning, expertise of Swiss Prime Site Solutions

Greater flexibility

Timing of the contribution in kind ­independent of issuance windows, greater fungibility (possible trade­ability of shares), more decision-­making freedom

The Green Lease

Sustainability and environmental awareness are among Swiss Prime Site’s core values. The company wants to achieve climate neutrality in its own portfolio by 2040. Green leases will play a key role in achieving this goal. But what exactly are they?

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Beauty, service and synergies

On 2 September 2019, Pallas Kliniken opened their first Aesthetics flagship store at Jelmoli. What connects Switzerland’s largest premium department store with a beauty clinic? A discussion about service, lifestyle medicine and the property concepts of the future.

Jelmoli Portfolio Stakeholder Infrastructure

The doors to Pallas Kliniken on the fourth floor of Jelmoli are wide open. The generously proportioned reception area is an inviting space. «It’s hard to believe that there was nothing but ordinary offices here just a few months ago», says Reto Felder. He is an asset manager with Swiss Prime Site Immobilien and looks after the property, which has been in the company’s possession since it took over Jelmoli in 2009. It is now one of the most valuable buildings in its portfolio.

Behind the reception desk, which seems to imitate an human silhouette, there are two cylindrical rooms. «We use them for brief customer consultations. It could be someone looking around Jelmoli who drops in because they’re interested in a treatment and want to get more information», explains Martine Fehr, who is manager of the new Pallas location and also responsible for the Aesthetics division throughout the Zurich area. With this she mentions two of the reasons why Jelmoli and Pallas Kliniken have formed a partnership – both companies cater to a demanding clientele, and both companies provide exclusive services. «We saw the synergies and presented our idea to Pallas Kliniken CEO, Georgos Pallas, in October 2018», explains Reto Felder. «We had met at a business networking event for the Wirtschaftsförderung Region Olten just a few months before», he recalls. «We both have our headquarters in Olten.»

The interior of the beauty clinic is an impressive blend of pared-down design and luxurious furnishings. The colour scheme sticks to subtle beige and white tones. «We wanted to offer our guests a comfortable environment that isn’t sterile», explains Martine Fehr. «My background is in hospitality, so I have always focused on the needs and satisfaction of the customer. All our services adhere to the same high quality, because we don’t just want to meet customer expectations – we want to exceed them.» It’s a goal Jelmoli shares. Just like Pallas Kliniken, the long-standing department store aims to give that final touch-up to the customer journey and constantly develop the customer experience. Switzerland’s largest premium department store has increasingly become a meeting place in recent years, with its unique shopping experiences and innovative service concepts. Customers are greeted by a comprehensive range that encompasses fashion, sport, lifestyle and food. «With the arrival of Pallas Kliniken we now offer an even broader spectrum in the field of beauty – a range of services you won’t find anywhere else in Switzerland», says Reto Felder.

The treatment rooms are flooded with light and fitted with the latest equipment. With floor space of around 900 m2, there is room for dermatological procedures such as tattoo removal, pigmentation treatment, medical cosmetology and anti-ageing methods. Fat cell reduction through non-invasive or surgical procedures is also offered, as well as plastic surgery for face and body. «We started out by treating eye disorders and vision defects. Our core competencies are laser vision correction and lens implantations», explains Martine Fehr. This year the family company celebrates its 25-year anniversary.

At their new location, a staff of 32 is on hand to look after customers. «To welcome our guests we offer a refreshing towel along with tea or a welcome drink», says Martine Fehr. Treatment rooms, where procedures such as hair replacement may take several hours, are fitted with streaming TV as standard. «If our guests are hungry we order them a freshly prepared meal from the restaurant Sopra, which is connected to our premises by a door, or any of the other restaurants throughout the department store – 11 in total.» All according to the principle of cross selling. Martine Fehr and Reto Felder agree: «We want to make the most of synergies and create new ones.» Pallas Kliniken send their staff uniforms to Terlinden in the basement level for cleaning, get room fragrances from the perfumery department and order wine for their events at the Mövenpick wine cellar in the FOOD Market. «We have put together attractive packages with Coiffina and Holmes Place which can be booked either through us or our partners. And we are also part of the Jelmoli bonus programme», says Martine Fehr. Many customers come to appointments with family members. «Instead of waiting around, at Jelmoli they have the option of browsing, shopping, or treating themselves to a meal in one of the numerous restaurants», adds Reto Felder.

«Making Zurich more beautiful» – that’s the slogan on posters that Pallas Kliniken is using to advertise its new Jelmoli location. You can find them all over the city in eye-catching red, with attractive models showing plenty of skin. «It’s 2019, and we have the confidence to say – this is who we are. There has been a positive change in the perception of aesthetic medicine. Beauty is individual», says Martine Fehr. And here she touches on a trend: individualisation. Germany’s Zukunftsinstitut (Future Institute) has identified individualisation as a megatrend, the defining cultural principle of modern society. A lifestyle, in other words. «This is what we want to offer our customers. That’s why the cooperation with Pallas Kliniken is a fruitful investment in the future of Jelmoli – both in the property and what is on offer there», Reto Felder believes.

What do the two hope to get out of their collaboration? «That we can realise the vision that unites us – continuing to offer our customers high quality, premium experiences.»

Meta Prime Tower

Prime Tower goes Metaverse! With its 126 metres in height and 36 floors, it is one of the tallest office buildings in Switzerland. Now Prime Tower is entering new spheres and since 2023 can also be found in the Metaverse. It digitally covers the entire Swiss Prime Site value chain - from acquisition, project planning and construction to marketing and leasing.

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Beauty, service and synergies

On 2 September 2019, Pallas Kliniken opened their first Aesthetics flagship store at Jelmoli. What connects Switzerland’s largest premium department store with a beauty clinic? A discussion about service, lifestyle medicine and the property concepts of the future.

Jelmoli Portfolio Stakeholder Infrastructure

The doors to Pallas Kliniken on the fourth floor of Jelmoli are wide open. The generously proportioned reception area is an inviting space. «It’s hard to believe that there was nothing but ordinary offices here just a few months ago», says Reto Felder. He is an asset manager with Swiss Prime Site Immobilien and looks after the property, which has been in the company’s possession since it took over Jelmoli in 2009. It is now one of the most valuable buildings in its portfolio.

Behind the reception desk, which seems to imitate an human silhouette, there are two cylindrical rooms. «We use them for brief customer consultations. It could be someone looking around Jelmoli who drops in because they’re interested in a treatment and want to get more information», explains Martine Fehr, who is manager of the new Pallas location and also responsible for the Aesthetics division throughout the Zurich area. With this she mentions two of the reasons why Jelmoli and Pallas Kliniken have formed a partnership – both companies cater to a demanding clientele, and both companies provide exclusive services. «We saw the synergies and presented our idea to Pallas Kliniken CEO, Georgos Pallas, in October 2018», explains Reto Felder. «We had met at a business networking event for the Wirtschaftsförderung Region Olten just a few months before», he recalls. «We both have our headquarters in Olten.»

The interior of the beauty clinic is an impressive blend of pared-down design and luxurious furnishings. The colour scheme sticks to subtle beige and white tones. «We wanted to offer our guests a comfortable environment that isn’t sterile», explains Martine Fehr. «My background is in hospitality, so I have always focused on the needs and satisfaction of the customer. All our services adhere to the same high quality, because we don’t just want to meet customer expectations – we want to exceed them.» It’s a goal Jelmoli shares. Just like Pallas Kliniken, the long-standing department store aims to give that final touch-up to the customer journey and constantly develop the customer experience. Switzerland’s largest premium department store has increasingly become a meeting place in recent years, with its unique shopping experiences and innovative service concepts. Customers are greeted by a comprehensive range that encompasses fashion, sport, lifestyle and food. «With the arrival of Pallas Kliniken we now offer an even broader spectrum in the field of beauty – a range of services you won’t find anywhere else in Switzerland», says Reto Felder.

The treatment rooms are flooded with light and fitted with the latest equipment. With floor space of around 900 m2, there is room for dermatological procedures such as tattoo removal, pigmentation treatment, medical cosmetology and anti-ageing methods. Fat cell reduction through non-invasive or surgical procedures is also offered, as well as plastic surgery for face and body. «We started out by treating eye disorders and vision defects. Our core competencies are laser vision correction and lens implantations», explains Martine Fehr. This year the family company celebrates its 25-year anniversary.

At their new location, a staff of 32 is on hand to look after customers. «To welcome our guests we offer a refreshing towel along with tea or a welcome drink», says Martine Fehr. Treatment rooms, where procedures such as hair replacement may take several hours, are fitted with streaming TV as standard. «If our guests are hungry we order them a freshly prepared meal from the restaurant Sopra, which is connected to our premises by a door, or any of the other restaurants throughout the department store – 11 in total.» All according to the principle of cross selling. Martine Fehr and Reto Felder agree: «We want to make the most of synergies and create new ones.» Pallas Kliniken send their staff uniforms to Terlinden in the basement level for cleaning, get room fragrances from the perfumery department and order wine for their events at the Mövenpick wine cellar in the FOOD Market. «We have put together attractive packages with Coiffina and Holmes Place which can be booked either through us or our partners. And we are also part of the Jelmoli bonus programme», says Martine Fehr. Many customers come to appointments with family members. «Instead of waiting around, at Jelmoli they have the option of browsing, shopping, or treating themselves to a meal in one of the numerous restaurants», adds Reto Felder.

«Making Zurich more beautiful» – that’s the slogan on posters that Pallas Kliniken is using to advertise its new Jelmoli location. You can find them all over the city in eye-catching red, with attractive models showing plenty of skin. «It’s 2019, and we have the confidence to say – this is who we are. There has been a positive change in the perception of aesthetic medicine. Beauty is individual», says Martine Fehr. And here she touches on a trend: individualisation. Germany’s Zukunftsinstitut (Future Institute) has identified individualisation as a megatrend, the defining cultural principle of modern society. A lifestyle, in other words. «This is what we want to offer our customers. That’s why the cooperation with Pallas Kliniken is a fruitful investment in the future of Jelmoli – both in the property and what is on offer there», Reto Felder believes.

What do the two hope to get out of their collaboration? «That we can realise the vision that unites us – continuing to offer our customers high quality, premium experiences.»

Our commitments

With its business operations, Swiss Prime Site contributes to economic and social development in many different ways. We are committed to training young people and our employees, and we also support social and cultural organisations and projects as part of our various sponsorship activities.

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Beauty, service and synergies

On 2 September 2019, Pallas Kliniken opened their first Aesthetics flagship store at Jelmoli. What connects Switzerland’s largest premium department store with a beauty clinic? A discussion about service, lifestyle medicine and the property concepts of the future.

Jelmoli Portfolio Stakeholder Infrastructure

The doors to Pallas Kliniken on the fourth floor of Jelmoli are wide open. The generously proportioned reception area is an inviting space. «It’s hard to believe that there was nothing but ordinary offices here just a few months ago», says Reto Felder. He is an asset manager with Swiss Prime Site Immobilien and looks after the property, which has been in the company’s possession since it took over Jelmoli in 2009. It is now one of the most valuable buildings in its portfolio.

Behind the reception desk, which seems to imitate an human silhouette, there are two cylindrical rooms. «We use them for brief customer consultations. It could be someone looking around Jelmoli who drops in because they’re interested in a treatment and want to get more information», explains Martine Fehr, who is manager of the new Pallas location and also responsible for the Aesthetics division throughout the Zurich area. With this she mentions two of the reasons why Jelmoli and Pallas Kliniken have formed a partnership – both companies cater to a demanding clientele, and both companies provide exclusive services. «We saw the synergies and presented our idea to Pallas Kliniken CEO, Georgos Pallas, in October 2018», explains Reto Felder. «We had met at a business networking event for the Wirtschaftsförderung Region Olten just a few months before», he recalls. «We both have our headquarters in Olten.»

The interior of the beauty clinic is an impressive blend of pared-down design and luxurious furnishings. The colour scheme sticks to subtle beige and white tones. «We wanted to offer our guests a comfortable environment that isn’t sterile», explains Martine Fehr. «My background is in hospitality, so I have always focused on the needs and satisfaction of the customer. All our services adhere to the same high quality, because we don’t just want to meet customer expectations – we want to exceed them.» It’s a goal Jelmoli shares. Just like Pallas Kliniken, the long-standing department store aims to give that final touch-up to the customer journey and constantly develop the customer experience. Switzerland’s largest premium department store has increasingly become a meeting place in recent years, with its unique shopping experiences and innovative service concepts. Customers are greeted by a comprehensive range that encompasses fashion, sport, lifestyle and food. «With the arrival of Pallas Kliniken we now offer an even broader spectrum in the field of beauty – a range of services you won’t find anywhere else in Switzerland», says Reto Felder.

The treatment rooms are flooded with light and fitted with the latest equipment. With floor space of around 900 m2, there is room for dermatological procedures such as tattoo removal, pigmentation treatment, medical cosmetology and anti-ageing methods. Fat cell reduction through non-invasive or surgical procedures is also offered, as well as plastic surgery for face and body. «We started out by treating eye disorders and vision defects. Our core competencies are laser vision correction and lens implantations», explains Martine Fehr. This year the family company celebrates its 25-year anniversary.

At their new location, a staff of 32 is on hand to look after customers. «To welcome our guests we offer a refreshing towel along with tea or a welcome drink», says Martine Fehr. Treatment rooms, where procedures such as hair replacement may take several hours, are fitted with streaming TV as standard. «If our guests are hungry we order them a freshly prepared meal from the restaurant Sopra, which is connected to our premises by a door, or any of the other restaurants throughout the department store – 11 in total.» All according to the principle of cross selling. Martine Fehr and Reto Felder agree: «We want to make the most of synergies and create new ones.» Pallas Kliniken send their staff uniforms to Terlinden in the basement level for cleaning, get room fragrances from the perfumery department and order wine for their events at the Mövenpick wine cellar in the FOOD Market. «We have put together attractive packages with Coiffina and Holmes Place which can be booked either through us or our partners. And we are also part of the Jelmoli bonus programme», says Martine Fehr. Many customers come to appointments with family members. «Instead of waiting around, at Jelmoli they have the option of browsing, shopping, or treating themselves to a meal in one of the numerous restaurants», adds Reto Felder.

«Making Zurich more beautiful» – that’s the slogan on posters that Pallas Kliniken is using to advertise its new Jelmoli location. You can find them all over the city in eye-catching red, with attractive models showing plenty of skin. «It’s 2019, and we have the confidence to say – this is who we are. There has been a positive change in the perception of aesthetic medicine. Beauty is individual», says Martine Fehr. And here she touches on a trend: individualisation. Germany’s Zukunftsinstitut (Future Institute) has identified individualisation as a megatrend, the defining cultural principle of modern society. A lifestyle, in other words. «This is what we want to offer our customers. That’s why the cooperation with Pallas Kliniken is a fruitful investment in the future of Jelmoli – both in the property and what is on offer there», Reto Felder believes.

What do the two hope to get out of their collaboration? «That we can realise the vision that unites us – continuing to offer our customers high quality, premium experiences.»

Beauty, service and synergies

On 2 September 2019, Pallas Kliniken opened their first Aesthetics flagship store at Jelmoli. What connects Switzerland’s largest premium department store with a beauty clinic? A discussion about service, lifestyle medicine and the property concepts of the future.

Jelmoli Portfolio Stakeholder Infrastructure

The doors to Pallas Kliniken on the fourth floor of Jelmoli are wide open. The generously proportioned reception area is an inviting space. «It’s hard to believe that there was nothing but ordinary offices here just a few months ago», says Reto Felder. He is an asset manager with Swiss Prime Site Immobilien and looks after the property, which has been in the company’s possession since it took over Jelmoli in 2009. It is now one of the most valuable buildings in its portfolio.

Behind the reception desk, which seems to imitate an human silhouette, there are two cylindrical rooms. «We use them for brief customer consultations. It could be someone looking around Jelmoli who drops in because they’re interested in a treatment and want to get more information», explains Martine Fehr, who is manager of the new Pallas location and also responsible for the Aesthetics division throughout the Zurich area. With this she mentions two of the reasons why Jelmoli and Pallas Kliniken have formed a partnership – both companies cater to a demanding clientele, and both companies provide exclusive services. «We saw the synergies and presented our idea to Pallas Kliniken CEO, Georgos Pallas, in October 2018», explains Reto Felder. «We had met at a business networking event for the Wirtschaftsförderung Region Olten just a few months before», he recalls. «We both have our headquarters in Olten.»

The interior of the beauty clinic is an impressive blend of pared-down design and luxurious furnishings. The colour scheme sticks to subtle beige and white tones. «We wanted to offer our guests a comfortable environment that isn’t sterile», explains Martine Fehr. «My background is in hospitality, so I have always focused on the needs and satisfaction of the customer. All our services adhere to the same high quality, because we don’t just want to meet customer expectations – we want to exceed them.» It’s a goal Jelmoli shares. Just like Pallas Kliniken, the long-standing department store aims to give that final touch-up to the customer journey and constantly develop the customer experience. Switzerland’s largest premium department store has increasingly become a meeting place in recent years, with its unique shopping experiences and innovative service concepts. Customers are greeted by a comprehensive range that encompasses fashion, sport, lifestyle and food. «With the arrival of Pallas Kliniken we now offer an even broader spectrum in the field of beauty – a range of services you won’t find anywhere else in Switzerland», says Reto Felder.

The treatment rooms are flooded with light and fitted with the latest equipment. With floor space of around 900 m2, there is room for dermatological procedures such as tattoo removal, pigmentation treatment, medical cosmetology and anti-ageing methods. Fat cell reduction through non-invasive or surgical procedures is also offered, as well as plastic surgery for face and body. «We started out by treating eye disorders and vision defects. Our core competencies are laser vision correction and lens implantations», explains Martine Fehr. This year the family company celebrates its 25-year anniversary.

At their new location, a staff of 32 is on hand to look after customers. «To welcome our guests we offer a refreshing towel along with tea or a welcome drink», says Martine Fehr. Treatment rooms, where procedures such as hair replacement may take several hours, are fitted with streaming TV as standard. «If our guests are hungry we order them a freshly prepared meal from the restaurant Sopra, which is connected to our premises by a door, or any of the other restaurants throughout the department store – 11 in total.» All according to the principle of cross selling. Martine Fehr and Reto Felder agree: «We want to make the most of synergies and create new ones.» Pallas Kliniken send their staff uniforms to Terlinden in the basement level for cleaning, get room fragrances from the perfumery department and order wine for their events at the Mövenpick wine cellar in the FOOD Market. «We have put together attractive packages with Coiffina and Holmes Place which can be booked either through us or our partners. And we are also part of the Jelmoli bonus programme», says Martine Fehr. Many customers come to appointments with family members. «Instead of waiting around, at Jelmoli they have the option of browsing, shopping, or treating themselves to a meal in one of the numerous restaurants», adds Reto Felder.

«Making Zurich more beautiful» – that’s the slogan on posters that Pallas Kliniken is using to advertise its new Jelmoli location. You can find them all over the city in eye-catching red, with attractive models showing plenty of skin. «It’s 2019, and we have the confidence to say – this is who we are. There has been a positive change in the perception of aesthetic medicine. Beauty is individual», says Martine Fehr. And here she touches on a trend: individualisation. Germany’s Zukunftsinstitut (Future Institute) has identified individualisation as a megatrend, the defining cultural principle of modern society. A lifestyle, in other words. «This is what we want to offer our customers. That’s why the cooperation with Pallas Kliniken is a fruitful investment in the future of Jelmoli – both in the property and what is on offer there», Reto Felder believes.

What do the two hope to get out of their collaboration? «That we can realise the vision that unites us – continuing to offer our customers high quality, premium experiences.»

Beauty, service and synergies

On 2 September 2019, Pallas Kliniken opened their first Aesthetics flagship store at Jelmoli. What connects Switzerland’s largest premium department store with a beauty clinic? A discussion about service, lifestyle medicine and the property concepts of the future.

Jelmoli Portfolio Stakeholder Infrastructure

The doors to Pallas Kliniken on the fourth floor of Jelmoli are wide open. The generously proportioned reception area is an inviting space. «It’s hard to believe that there was nothing but ordinary offices here just a few months ago», says Reto Felder. He is an asset manager with Swiss Prime Site Immobilien and looks after the property, which has been in the company’s possession since it took over Jelmoli in 2009. It is now one of the most valuable buildings in its portfolio.

Behind the reception desk, which seems to imitate an human silhouette, there are two cylindrical rooms. «We use them for brief customer consultations. It could be someone looking around Jelmoli who drops in because they’re interested in a treatment and want to get more information», explains Martine Fehr, who is manager of the new Pallas location and also responsible for the Aesthetics division throughout the Zurich area. With this she mentions two of the reasons why Jelmoli and Pallas Kliniken have formed a partnership – both companies cater to a demanding clientele, and both companies provide exclusive services. «We saw the synergies and presented our idea to Pallas Kliniken CEO, Georgos Pallas, in October 2018», explains Reto Felder. «We had met at a business networking event for the Wirtschaftsförderung Region Olten just a few months before», he recalls. «We both have our headquarters in Olten.»

The interior of the beauty clinic is an impressive blend of pared-down design and luxurious furnishings. The colour scheme sticks to subtle beige and white tones. «We wanted to offer our guests a comfortable environment that isn’t sterile», explains Martine Fehr. «My background is in hospitality, so I have always focused on the needs and satisfaction of the customer. All our services adhere to the same high quality, because we don’t just want to meet customer expectations – we want to exceed them.» It’s a goal Jelmoli shares. Just like Pallas Kliniken, the long-standing department store aims to give that final touch-up to the customer journey and constantly develop the customer experience. Switzerland’s largest premium department store has increasingly become a meeting place in recent years, with its unique shopping experiences and innovative service concepts. Customers are greeted by a comprehensive range that encompasses fashion, sport, lifestyle and food. «With the arrival of Pallas Kliniken we now offer an even broader spectrum in the field of beauty – a range of services you won’t find anywhere else in Switzerland», says Reto Felder.

The treatment rooms are flooded with light and fitted with the latest equipment. With floor space of around 900 m2, there is room for dermatological procedures such as tattoo removal, pigmentation treatment, medical cosmetology and anti-ageing methods. Fat cell reduction through non-invasive or surgical procedures is also offered, as well as plastic surgery for face and body. «We started out by treating eye disorders and vision defects. Our core competencies are laser vision correction and lens implantations», explains Martine Fehr. This year the family company celebrates its 25-year anniversary.

At their new location, a staff of 32 is on hand to look after customers. «To welcome our guests we offer a refreshing towel along with tea or a welcome drink», says Martine Fehr. Treatment rooms, where procedures such as hair replacement may take several hours, are fitted with streaming TV as standard. «If our guests are hungry we order them a freshly prepared meal from the restaurant Sopra, which is connected to our premises by a door, or any of the other restaurants throughout the department store – 11 in total.» All according to the principle of cross selling. Martine Fehr and Reto Felder agree: «We want to make the most of synergies and create new ones.» Pallas Kliniken send their staff uniforms to Terlinden in the basement level for cleaning, get room fragrances from the perfumery department and order wine for their events at the Mövenpick wine cellar in the FOOD Market. «We have put together attractive packages with Coiffina and Holmes Place which can be booked either through us or our partners. And we are also part of the Jelmoli bonus programme», says Martine Fehr. Many customers come to appointments with family members. «Instead of waiting around, at Jelmoli they have the option of browsing, shopping, or treating themselves to a meal in one of the numerous restaurants», adds Reto Felder.

«Making Zurich more beautiful» – that’s the slogan on posters that Pallas Kliniken is using to advertise its new Jelmoli location. You can find them all over the city in eye-catching red, with attractive models showing plenty of skin. «It’s 2019, and we have the confidence to say – this is who we are. There has been a positive change in the perception of aesthetic medicine. Beauty is individual», says Martine Fehr. And here she touches on a trend: individualisation. Germany’s Zukunftsinstitut (Future Institute) has identified individualisation as a megatrend, the defining cultural principle of modern society. A lifestyle, in other words. «This is what we want to offer our customers. That’s why the cooperation with Pallas Kliniken is a fruitful investment in the future of Jelmoli – both in the property and what is on offer there», Reto Felder believes.

What do the two hope to get out of their collaboration? «That we can realise the vision that unites us – continuing to offer our customers high quality, premium experiences.»