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For decades, thousands of Credit Suisse employees worked there: The Üetlihof is about to be sold

One of the largest office complexes in Switzerland is likely to change hands soon. The Norwegian sovereign wealth fund wants to sell the Üetlihof in Zurich. Apartments could one day be built on the site.

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For decades, thousands of Credit Suisse employees worked there: The Üetlihof is about to be sold

The Norwegian sovereign wealth fund is planning to sell the Üetlihof office complex in Zurich, which could potentially be redeveloped into a residential area. The complex, one of the largest in Switzerland, has been the headquarters of Credit Suisse and is currently rented by UBS, with the lease running until 2037. The fund aims to complete the sale by the end of the year, but the buyer and price are yet to be determined.

The site has the potential for 700 to 1000 apartments, making it an attractive prospect for redevelopment.

Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at nzz.ch →

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