Baloise to invest CHF 200 million in its site in Basel

Media information Baloise to invest around CHF 200 million in its site in
Basel The Baloise Group plans a complete redevelopment of its office complex
adjoining the Centralbahnplatz in Basel Basel, 8 January 2013. Baloise
announces its "Baloise - Aeschengraben Replacement Buildings" project to the
public, with a view to the application for planning permission on 14 January
2013. The extensive redevelopment will create 620 state-of-the-art workplaces
for the Baloise Group and a new high standard business hotel for the city of
Basel. Approximately 15,000 sq.m. of additional office and retail space will
also be made available in an attractive location on completion of the final
phase of the construction. The redevelopment of the site surrounding the
Baloise Group head offices will enable the opening up of publicly accessible
urban space, which will shape the character of the esplanade leading from
Basel's central railway station to Aeschenplatz square.

To mark the 150th anniversary of its insurance business, Baloise is making
public its plans for a large-scale construction project and, at the same time,
strongly endorsing the city of Basel, as a commercial centre and trade fair
hub. The project involves a total investment of around CHF 200 million, which
will see the head offices near the Centralbahnplatz redeveloped in several
stages based on initial designs by the Miller & Maranta firm of architects.

As well as new buildings to replace the 35-year-old Hilton Basel hotel, the
60-year-old office building at Aeschengraben 25 and the building at Parkweg,
the construction project will include the creation of new urban space for
public use, which will shape the area around Centralbahnplatz in Basel.
Commenting on the construction project, Andreas Burckhardt, Chairman of the
Board of Directors at Bâloise Holding Ltd, said: "Baloise has maintained close
ties to the city and its inhabitants for 150 years - a fact that is not just
reflected in the company's name. Baloise has always been proud of its local
roots, despite its international orientation. With the creation of this
publicly accessible urban space, we want to reinforce our local ties and offer
the city's inhabitants new areas to meet and work - benefits they will be able
to appreciate as they go about their day-to-day business."

The proposed major project will involve several successive phases of
construction, which, on approval by the planning authorities, are expected to
be completed in stages from 2014 onwards. The first phase will commence with
the construction of a combined hotel and office building at Aeschengraben 25.
The tower building, which will be limited to no more than 87 metres in height,
will offer space for state-of-the-art and attractively designed offices and a
high standard business hotel. Following on immediately, the next phase will
see the dismantling of the Hilton Basel hotel building and the creation of a
public square. The subsequent two phases will involve the new construction of
the office buildings at Parkweg. These successive phases of the project will
ensure the optimal continued use of the existing buildings.

The planned new construction and development of the site requires the
submission on an urban development plan and a rezoning application. The plans
and the environmental compatibility report will be on public display at the
Basel City Planning Office at Rittergasse 14 for 30 days as of Monday, 14
January 2013.

Contact details: Baloise Group

Baloise Group, Aeschengraben 21, CH-4002 Basel


Email: /

Media Relations: Dominik Müller, tel. +41 58 285 84 67

Investor Relations: Marc Kaiser, tel. +41 58 285 81 81

Contact details: Basel City Planning Office

Bau- und Verkehrsdepartement des Kantons Basel-Stadt

Städtebau & Architektur


Arealentwicklung und Nutzungsplanung

Rittergasse 4, CH-4001 Basel

Project manager: site development and land-use planning: Marc Février

Information officer at the Bau- und Verkehrsdepartement: Marc Keller

Email: /


Media information at


Building situation today (JPG)

Vision of the future building situation (JPG)

Vision of the future building situation / aerial perspective (JPG)

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Headquartered in Basel, Switzerland, the Baloise Group is a European provider
of insurance and pension solutions. It positions itself as an insurer with an
intelligent risk-prevention concept, the Baloise Safety World. In Switzerland,
the Group operates as a specialised financial services provider, offering a
combination of insurance and banking services. The Group also has a market
presence in Germany, Austria, Belgium, Luxembourg, Liechtenstein, Croatia and
Serbia. Its sales network includes its own sales organisation, as well as
brokers and other partners. Baloise operates its innovative life and pensions
business for private customers throughout Europe, with competence centres in
Luxembourg and Liechtenstein.

Bâloise Holding Ltd shares are quoted in the main segment of the SIX Swiss
Exchange. The Baloise Group employs some 9,100 staff.

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