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"James" development takes shape

“James” development takes shape
Long building (at left), high-rise (blue facade), corner building (under construction, at front), event hall (right, at back)

"James" is an innovative building complex in Zurich-Albisrieden developed by the UBS (CH) Property Fund - Swiss Mixed «Sima» real estate fund, comprising three distinctive buildings (a long building with 107 apartments, a corner building with 100 apartments and a high-rise with 76 apartments) with usable space of some 23,000 m2. The unique aspect of the development lies in the fact that it not only offers comfortable apartments and offices at attractive rental prices, but also features modern communication and concierge services.

Every apartment is equipped with a tablet PC, providing "James" residents with an online connection to one another and to the concierge. The concierge team undertakes a range of services, including taking delivery of flowers, online shopping, post or parcels, car washing, bringing clothes to the dry cleaners, bookings for restaurants, cinemas, etc, and even watering plants and airing apartments during vacation absences - everything imaginable. Hence, "James" offers residents the much-desired additional benefit of convenience and time savings in one.

The long building and high-rise will be ready for occupancy in the course of this year. Up to now, more than 97% of the apartments in these buildings have been leased. Completion of the corner building is planned for 2009, and leasing of the units in the corner building will already start following the 2007 summer vacation.

No new issues at present. Purchase and sale of units via the stock market. Fund prospectuses, including regulations, as well as annual and semi-annual reports of UBS funds are available free of charge from UBS AG, P.O. Box, CH-4002 Basel or UBS Fund Management (Switzerland) AG, P.O. Box, CH-4002 Basel. Units of the investment funds mentioned in this publication may not be offered, sold or delivered in the United States. The information about funds contained on this page does not constitute an offer. It is for information purposes only. Past performance is no guarantee of future trends. The performance shown does not take into account any commissions and costs charged when subscribing and redeeming units.