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New logistics center Bülach - UPS Center Zurich

UPS United Parcel Service (Schweiz AG) moves into a new parcel distribution center in the logistics zone in Bülach Nord.
The company location Rümlang is moved there. The center is scheduled to go into operation in the first quarter of 2021. The Credit Suisse Real Estate Fund LogisticsPlus is in the process of redeveloping the logistics zone in Bülach Nord.

A parcel distribution center with offices, social rooms and a workshop is being built on a site of around 14,000 m2. The project is part of the overall development of the logistics zone in Bülach Nord, which is being implemented by the Credit Suisse Real Estate Fund LogisticsPlus real estate fund.

UPS has signed a long-term lease agreement. One of the company's more than 400 European branches will open here at the beginning of 2021. UPS (NYSE: UPS) is a leading global logistics company that provides comprehensive package and freight transportation solutions, promotes international trade, and uses state-of-the-art technology to help businesses operate more efficiently.

The package and distribution center is part of UPS's multi-year, $2 billion European investment plan. The plan aims to modernize and expand the UPS network across the continent. The parcel and distribution center in Bülach will have an operating area of approximately 6,300 m2 and a sorting capacity of 5,500 parcels per hour. This is around 50 percent more than the current building in Rümlang, which it will replace. The new facility will combine parcel, freight and supply chain services under one roof, thus offering customers greater efficiency. Around 200 employees will work in the building.

Place

Bülach

Client

Credit Suisse Funds AG with its headquarter in Zurich acting for Immobilienfond Credit Suisse Real Estate Fund LogisticsPlus

Builder

Credit Suisse Funds AG with its headquarter in Zurich acting for Immobilienfond Credit Suisse Real Estate Fund LogisticsPlus

Period
2019
2021
Project number
GP.N.19091
Fields of activity
Real estate;Construction fiduciary & project management
Delivered services

Owner representative (in line)

Setting up the organization in close cooperation with the client and the user

Leading the client meetings, management of pending issues and obtaining decisions

Risk reporting (planning quality / costs / deadlines)

Coordination of the total contractor and the tenant

Advice to clients on financial and construction issues

Management of reporting and cost control