Interview with Casha Frigo, Managing Partner at Engel & Völkers in Zug, Switzerland
Why is it worth investing in commercial properties in Zug?
According to various rankings, Zug – which is considered to be a tax haven – is the location in Switzerland with the second-highest quality of life. This is another reason why numerous enterprises have their administrative headquarters in this city. Commercial properties in Zug are popular investment targets due to the stable letting situation in the segment of residential and commercial properties, and they are in high demand.
How is the market for commercial properties developing in Zug?
Zug will also remain within the focus of investors in the long run. Exciting new construction projects, such as the construction of the university campus for IT and Banking in Rotkreuz also make the region attractive for young people. A mixed-use district is under development in the direct vicinity of the train station. Attractive new residential and office buildings are continually under construction in the region as a whole, attracting numerous especially skilled employees. The vacancy rate of rented homes remains at a record low throughout Switzerland.
What commercial properties are in particularly high demand at present?
We have clearly noticed that the investors’ focus is on residential and commercial properties. However, enquiries are continually being received for building sites as well. We assume that this boom in demand will continue, not least on account of the attractive location-related factors.
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