Swiss Life Asset Managers acquires GHZ Gewerbe- und Handelszentrum Schlieren AG, owner and developer of the Wagi site in Schlieren

With the acquisition of GHZ Gewerbe- und Handelszentrum AG, Swiss Life Asset Managers is strengthening its position in the life science sector and further expanding its position as a leading real estate investor. The Schlieren location and all employees will be retained.

Founded in 1984, Gewerbe- und Handelszentrum Schlieren (GHZ) is a real estate company based in Schlieren. The company is the owner and developer of the Wagi site in Schlieren, a leading life science location in the greater Zurich area. GHZ’s portfolio covers a rental area of 143 400 m2. The Wagi site is home to around 250 companies and institutions from the life science sector, providing more than 2400 jobs. These companies and institutions make the location a dynamic and fast-growing centre with long-term value creation potential.

With this acquisition, Swiss Life Asset Managers is underlining its strategic focus on real estate investments in the so-called “4Ls”: living, logistics, light industrial and life science & tech. Swiss Life Asset Managers will retain all the GHZ employees and its Schlieren location. Walter Krummenacher, Managing Director of GHZ, will continue to take care of the development of the Wagi site with his team and will remain the key contact for the tenants in the future.

Walter Krummenacher, Managing Director of GHZ: “We are very pleased to have found a reliable partner in Swiss Life Asset Managers, who shares our values and long-term commitment to real estate and life science as a contribution to society as a whole. This is how the vision of our founder Leo Krummenacher will be carried into the future.”

Paolo Di Stefano, Head Real Estate Switzerland, Swiss Life Asset Managers, adds: “We are very pleased to be continuing the impressive development of the site with the experienced GHZ team. Swiss Life Asset Managers is certain that life science real estate will remain attractive and strong going forward, as it is of major importance to our economy and society.”

The transaction was closed on 10 December 2025. The contracting parties have agreed not to disclose the sale price.