Switzerland Innovation Park Zurich secures CHF 445m financing for further development

Niederer Kraft Frey advised Zürcher Kantonalbank (as leader of the banking syndicate), Luzerner Kantonalbank and Liechtensteinische Landesbank Aktiengesellschaft on a customized and long-term credit facilities agreement for the Switzerland Innovation Park Zurich in an amount of up to CHF 445 million.

The credit facilities can be drawn in stages and – together with the commitment of the Canton of Zurich and the continuing investments of the private shareholders – provides the financial basis for the further development of the Innovation Park Zurich.

The peripheral area of the Innovation Park Zurich is already largely completed and in operation. ETH Zurich, the University of Zurich, and first users active in the robotics, autonomous systems, airspace, and life science spaces have established their research and development units on site. For the new construction phase, the groundbreaking for the first new building took place in autumn 2025, with the opening planned for summer 2027. Construction of the next new building is expected to begin in summer 2026.

The NKF team was led by Transactions partners Philip Spoerlé and Adrian Koller, working with associate Alexander Züger, junior associates Caterina Moor and Leonard Reiter (all Transactions) and counsel Marc Vogelsang (Tax).