Metall Zug Secures Financing for Tech Cluster Development

Metall Zug AG has secured a syndicated loan to support the further development of the Tech Cluster Zug (TCZ) over the next four years. The CHF 220 million loan, with an optional increase of CHF 50 million, is facilitated by a consortium led by Zürcher Kantonalbank. This funding will refinance existing bank loans and support new real estate projects on the site.

Key projects include the SHL building, expected to be completed by 2025, and the CreaTower I, set to be finished by 2028 with innovative RFS ceilings to reduce CO2 emissions. Project Pi aims to provide affordable housing, despite an administrative complaint in March 2025. The loan is mortgage-backed, ensuring financial security for these developments.

These initiatives underline the steady growth and ambition of Metall Zug as it continues to enhance the urban industrial landscape in Zug.