- CEO
- Giacomo Balzarini
- Full Time Employees
- 94
- Sector
- Finance
- Industry
- Real estate development
- Address
- Kolinplatz 2 Zug ZG Switzerland 6300
- IPO Date
- Mar 7, 2000
- Business
- PSP Swiss Property AG owns and manages a high-quality portfolio of approximately 160 office and commercial properties, as well as development sites and projects, valued at CHF 10.0 billion and situated in prime locations across Switzerland's major economic centers including Zurich, Geneva, Basel, Bern and Lausanne; the company generates rental income exceeding CHF 280 million annually from these assets primarily used for offices and retail spaces. It operates through three segments: Real Estate Investments encompassing investment properties, properties earmarked for sale, own-used properties, sites, development properties and projects for sale; Property Management handling all services related to the oversight of its real estate portfolio; and Holding providing corporate functions such as finance, legal, communications, human resources and information technology. Founded in 1999 by Zurich Insurance Group and listed on the SIX Swiss Exchange since its initial public offering in March 2000, PSP Swiss Property AG maintains its headquarters in Zug, Switzerland, with approximately 90 employees across offices in Zurich, Geneva, Olten and Zug; the company pursues a conservative financing policy featuring an equity ratio above 50% and low debt levels. Recent developments include the acquisition of a commercial property in Geneva's Quartier des Banques for CHF 58 million in June 2024 with leasable space of 4,150 square meters and development potential for repositioning as a hotel; ongoing portfolio optimization through sales of non-core assets and repositioning initiatives such as office-to-residential conversions; strong rental growth and letting successes reported in the Q4 2024 earnings call; and release of quarterly results as at 30 September 2025 on 11 November 2025 alongside half-year results as at 30 June 2025, reflecting continued focus on prime urban developments in locations like Basel and Zurich.