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News Release


JLL successfully concludes location search for the new Swiss headquarters of Philips of around 1,600 m² in the South of Zurich

​JLL acted as exclusive advisor on behalf of Philips AG („Philips“) in the location search for its new headquarters and successfully concluded the lease negotiations after a competitive multi-stage process.

Philips is the Swiss subsidiary of the Dutch enterprise Royal Philips, a globally leading technology company in the healthcare sector with worldwide more than 70,000 employees. Philips faced an important stay vs go-decision due to planned construction measures at their existing location. A move is on the one hand time consuming and cost-incurring but would on the other hand enable the implementation of Philips’ global work place innovation concepts at potentially generally better lease conditions. JLL was exclusively appointed by Philips as tenant representation advisor for the location search and the subsequent lease contract negotiations.

Besides of the existing location, several options for the new headquarters were analysed in the extensive selection process. Philips could finally find a tailor-made solution at favourable conditions in a former industrial building at the Grob site in Horgen. The building is currently converted into a modern mixed-used property named “Seehallen Horgen” by owner Mobimo Holding AG. Philips will occupy around 1,600 m² usable space on the top floor of the building. In addition to office space, there will be established a workshop, meeting rooms and a break-out area.

Philips was advised by JLL’s Anita Bleiker, Head Leasing in Zurich.