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Rent and ownership

Around 1000 apartments are being developed at Papieri across approximately seven construction phases. The majority will be rental apartments, with at least 10% designated as affordable housing.

The first construction phase included 163 rental apartments in Building A, 30 of which are affordable. High-rise Building K added another 36 rental apartments, with residents moving in at the end of 2024. As part of the third construction phase, 64 rental apartments will become new homes this September, including 22 affordable units.

In the first construction phase, the southernmost high-rise Building L, as well as the former paper machine halls PM1–4, were sold as condominiums and occupied. The second phase included Building I, a timber-hybrid high-rise completed in 2025. There are currently no additional condominiums available for sale.

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About the housing offers

Maschinengasse, with Building A on the left and the former paper-machine halls PM1-4 on the right.

Completed in the second phase: Building I (left) and Building K (front right).

Building L on Papieri-Platz was the first high-rise to be occupied.

Building E

Attractive 1.5 – 5.5 room apartments

In September 2026, residents will move into 64 rental apartments in Building E, ranging from 1.5 to 5.5 rooms. Almost all apartments feature a spacious balcony, while some also offer an attractive landscaped rooftop terrace.

All apartments have generous ceiling heights of 2.58 meters and feature hardwood flooring, walk-in showers, and kitchens equipped with V-ZUG appliances. The rental apartments are available in three finish categories: affordable, standard, and premium.

More about building E Zur Interessentenliste

Rental apartments building K

High-quality apartments with a view

As the second southernmost high-rise, Building K – the new building with 36 rental apartments from the second construction phase – offers phenomenal views over the rooftops of Cham, the Zugersee, and the Central Swiss Alps: expansive 2.5 to 5.5-room apartments in every respect.

To Building K

Rental apartments in Building A

Urban and nature-oriented living

Parallel to the former paper machine halls PM1-4, Building A stretches with around 160 rental apartments. Here, you can live in attractive 2.5 to 5.5-room apartments, enjoying both urban living and close proximity to nature.

To Building A

Affordable apartments

A total of 100 affordable rental apartments will be created on the Papieri site to ensure social diversity in the neighborhood. In the first construction phase, the first 30 affordable rental apartments were built in Building A, and the next affordable apartments will be included in the third construction phase. These apartments make it possible for people with lower incomes to live on the Papieri site.

More information on affordable housing