The Andermatt Swiss Alps development is transforming the traditional Swiss Alpine village into one of the best year-round destinations in Switzerland comprising some of the finest facilities.
With a total land bank of approximately 1.57 million m2, Andermatt is situated at 1,440 meters above sea level and lies approximately 1.5 hours by car from Zurich and 2 hours from Milan. Its central location results in excellent connections to the major national and international transport routes. Every building in Andermatt Swiss Alps Development has been individually designed by one of over 30 selected Swiss and international architects to create a beautiful and eclectic appearance for the master-planned resort.
To maintain a perfectly harmonious and peaceful environment the village centre will be a car free zone and enough underground parking spaces are provided for visitors and residents. The new accommodation and sports facilities mean that whether you seek adrenalin or relaxation your needs are catered for in the most spectacular surroundings, from an ecologically designed 18-hole golf course meeting international tournament standards ideal for outdoor summer activities, to modernized ski facilities linking up with the neighboring ski area of Sedrun to form a 120-kilometer ski domain. The highly integrated infrastructure and state of the art facilities will also make the village the perfect location for cultural events and congresses.
The Group has a share of interest of 49.0% in Andermatt Swiss Alps AG, remains committed to the project and will benefit from any future upside. In November 2015 ASA successfully sold bonds in the amount of CHF 50.0 million which will help in funding the necessary next steps of the development.