Media release

Implenia wins full-service-provider competition and contract to renovate UBS Paradeplatz as total contractor

Sustainable renovation of listed UBS building on Paradeplatz in Zurich. Offices, public and commercial use planned.

Dietlikon, 14 December 2020 - UBS has commissioned Implenia, as total contractor, to renovate its building on Paradeplatz in Zurich. The contract signing follows a one-year process involving an Implenia-led planning team working within a full-service-provider competition.

The renovation will create office and work space as well as space for hybrid and partially public use. The building will be opened up to Paradeplatz and Bärengasse.

Highest standards of planning, execution and sustainability

The renovated building will fulfil the highest standards with regard to sustainability, aesthetics and preservation of listed status. The renovated building should achieve a LEED Platinum certification.

Jens Vollmar, Head of Division Buildings at Implenia, is pleased about the contract signing, 'which follows on from the positive experience of the renovations that Implenia carried out at the UBS head office building on Bahnhofstrasse 45. We are using efficient and effective processes, and the latest Lean Construction techniques to ensure optimum quality and timetabling as well as good communications throughout all the planning and execution phases of this highly complex project. We are also working with a proven team that has already been involved in other projects for UBS.'

Contemporary restoration of original quality

Construction work is due to begin on the renovation project at the end of 2021. With a city centre project of this size, efficient logistics are absolutely crucial: site traffic will have to be coordinated to ensure the least possible disturbance to the public transport and pedestrian flows that pass through Paradeplatz, which is a major hub within the city.

The design by architects Herzog & de Meuron will give Paradeplatz an improved look, with a fresh and contemporary feel enhanced by urban aesthetics. 'The original building designed by Roland Rohn was characterised by an interplay between the austere, repetitive external appearance and soft, sculptural elements. This renovation will restore its special historical character - with a blend of rational and sculptural, but in a contemporary manner,' says Pierre de Meuron, founding partner of Herzog & de Meuron, creative mastermind and project partner.

Contact for media:
Corporate Communications, T +41 58 474 74 77, communication@implenia.com

Contact for Investors and Analysts:
Investor Relations, T +41 58 474 29 99, ir@implenia.com

Investors' diary
3 March 2021:         Annual results 2020, analysts and media conference
30 March 2021:       Annual General Meeting

As Switzerland's leading construction and real estate service provider, Implenia develops and builds homes, workplaces and infrastructure for future generations in Switzerland and Germany. It also plans and builds complex infrastructure projects in Austria, France, Sweden and Norway. Formed in 2006, the company can look back on around 150 years of construction tradition. The company brings together the know-how of its highly skilled consulting, planning and execution units under the umbrella of an integrated leading multi-national construction and real estate service provider. With its broad offering and the extensive experience of its specialists, the Group can realise complex major projects and provide customer-centric support across the entire life-cycle of a building or structure. It focuses on customer needs and on striking a sustainable balance between commercial success and social and environmental responsibility. Implenia, with its headquarters in Dietlikon near Zurich, employs more than 10,000 people across Europe and posted revenue of over CHF 4.4 billion in 2019. The company is listed on the SIX Swiss Exchange (IMPN, CH0023868554). More information can be found at implenia.com.