VISIONAPARTMENTS buys further real estate in Zug
80 furnished apartments in the city centre
Zug, 7. January 2022 – Further strengthening its presence in Zug, the Swiss market leader in the serviced apartment sector is including another property to its portfolio. The company purchased a major building in the heart of Zug. Planned are 80 furnished apartments, which should already be available for rent in less than one year. The property is placed in a prime location in the city, only a few minutes’ walk from many international companies, shops and restaurants.
VISIONAPARTMENTS already owns and successfully operates a building in Zug since 2017 with 54 studios. Over the past few years, the occupancy rate averaged at 95%, even during the COVID-19 pandemic. “Over the past few years, Zug has become the Swiss Crypto valley and a prime location for emerging start-ups. The economic conditions in the city are extremely attractive for Swiss, but also international companies. This brings many business travellers to Zug, who appreciate the possibility to stay at a serviced apartment,” states Anja Graf, founder, CEO and Chairwoman of VISIONAPARTMENTS. The new VISIONAPARTMENTS’ location provides easy access to all the important facilities such as restaurants, shops and cinemas and is only a short walk away from the central train station in Zug.
A conversion of the 10-storey building is planned within this year. The 80 modernly furnished flats, equipped with first-class design elements, will offer a maximum level comfort. The fully equipped kitchen with microwave and coffee maker is perfect for preparing meals, while the living area with flat-screen TV invites you to relax. Utilities and services such as Wi-Fi, digital TV and weekly cleaning are included in the rent.
About VISIONAPARTMENTS
VISIONAPARTMENTS specializes in renting out stylish and furnished serviced apartments all around the world. Established in Switzerland in 1999, the company quickly grew from a start-up to Switzerland’s market leader with a global presence. Today, VISIONAPARTMENTS offers tailored temporary living solutions in over 850 business locations worldwide. visionapartments.com
For further information:
VISIONAPARTMENTS
Debora Verna, Group Director of Marketing & Communications
Talstrasse 62 I CH-8001 Zurich
Tel.: +41 44 248 34 78
dverna@visionapartments.com