- CEO
- Thomas Casata
- Full Time Employees
- 22
- Sector
- Finance
- Industry
- Real estate development
- Address
- Sieberstrasse 5 Zurich ZH Switzerland 8055
- IPO Date
- Jun 26, 2015
- Business
- Plazza AG plans, develops, realizes, markets and manages residential, commercial and office properties as well as real estate development projects in Switzerland, with a primary focus on the Greater Zurich area and economic centers including Lausanne; the company offers rental services for apartments, offices, business premises and parking spaces, alongside property management for its own portfolio and third-party clients. Founded in 2015 and headquartered in Zurich, Plazza AG operates a diversified portfolio of existing assets and development sites, targeting institutional and private investors in the Swiss real estate market. In November 2024, the company successfully placed a CHF 100 million fixed-rate bond with a 1.775% coupon and five-year maturity, arranged by UBS and Zürcher Kantonalbank, to refinance bank loans and fund development and renovation projects; it anticipates strong 2024 operating results at the upper end of 10-15% growth over prior-year CHF 21.2 million before depreciations and revaluations, driven by rental income expansion from Crissier projects and portfolio value uplifts, with full-year details in its March 2025 report; additionally, Plazza plans occupied-state renovations for the Im Tiergarten residential complex starting in 2025 under secured building permits.