For institutional fund strategies, Bahnhofstrasse / Paradeplatz carries the strongest investor flag in Zurich, with prime yields around 3.2%.

  • Trophy submarket (Bahnhofstrasse / Paradeplatz) carries the strongest investor flag.
  • Prime yield: 3.2%.
  • Core funds buy income; value-add buys repositioning of secondary stock.
  • Cap-rate spread between trophy and secondary has widened post-2022.

Zurich office fund strategy and flag

For institutional fund strategies, Bahnhofstrasse / Paradeplatz carries the strongest investor flag in Zurich, with prime yields around 3.2%.

TL;DR

  • Trophy submarket (Bahnhofstrasse / Paradeplatz) carries the strongest investor flag.
  • Prime yield: 3.2%.
  • Core funds buy income; value-add buys repositioning of secondary stock.
  • Cap-rate spread between trophy and secondary has widened post-2022.

Where core funds buy

Core capital concentrates in trophy stock with long-WAULT income. In Zurich, that's Bahnhofstrasse / Paradeplatz and assets like Prime Tower, Bahnhofstrasse 25 (UBS).

Where value-add looks

Value-add capital looks at secondary Class A and convertible Class B with repositioning angle. The trophy/secondary cap-rate spread has widened post-2022, which has reopened the value-add basis for repositioning plays.

Key facts

cityZurich
countrySwitzerland
regionEMEA
classARentLocal95 CHF/sqft/yr
classARentUsd$105/sqft/yr
vacancy3.8%
typicalLeaseYears7
typicalRentFreeMonths6
submarkets5
primeYieldPct3.2%
primeYield3.2%
trophyAnchorBahnhofstrasse / Paradeplatz

Frequently asked questions

Where do core funds buy in Zurich?
Trophy submarket — Bahnhofstrasse / Paradeplatz — and the most defensible long-WAULT assets within it.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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