A fire caused damage at the properties under renovation at Bahnhofplatz in Zurich last night

Property News

25 August 2018

A fire caused damage at the properties under renovation at Bahnhofplatz in Zurich last night

Both properties Bahnhofplatz 1 and Bahnhofquai 9/11/15, which are under renovation and vacant, have massively been damaged following a blaze.

At night around 2am, the property Bahnhofplatz 1 got fire, which very fast extended to the neighbour property Bahnhofquai 9/11/15. Police and the fire brigade started a large scale operation. At around 4am, the fire was widely under control. Currently, the buildings are being secured. The cause of the fire is not yet known. Further investigations are underway under the lead of the police authorities. Besides a policeman, who incurred an acoustic trauma, fortunately there were no more damage to persons.

PSP Swiss Property will inform in due time about further findings and next steps in relation to the renovation project Bahnhofplatz. In this regard, technical construction issues are on focus. PSP Swiss Property is greatly thankful to “Schutz und Rettung Zürich“ and the police department for the highly professional and effective operation.

Further information, PSP Swiss Property

Reto Grunder, Asset Manager · Phone +41 (0)44 625 50 72 · Mobile +41 (0)78 852 71 71

Vasco Cecchini, CCO · Phone +41 (0)44 625 57 23 · Mobile +41 (0)79 650 84 32

PSP Swiss Property – leading Swiss real estate company

PSP Swiss Property owns a real estate portfolio of CHF 7.3 billion in Switzerland’s main economic areas; its market capitalisation amounts to CHF 4.4 billion. The 93 employees are based in Geneva, Olten, Zug and Zurich. Since March 2000, PSP Swiss Property is listed on the SIX Swiss Exchange (symbol: PSPN, security number: 1829415, ISIN CH0018294154).

None of the information in this press release constitutes an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. None of the securities of the Company referred to in this press release have been or will be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the applicable securities laws of any state or other jurisdiction of the United States.