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Switzerland is currently Europe’s eighth largest economy and rated by the World Bank as one of the most favourable business environments in the world in which to operate. Louis Group is developing retail warehouses for the trading purposes of Aldi in various Swiss cantons. Aldi is a global chain of 'no-frills' supermarkets which has a significant footprint in Europe and in excess of 6,500 stores worldwide. In addition, the purchase of an elegant boutique hotel in the beautiful canton of Bern is a wonderful addition to the property portfolio and the unique location of this exquisite property compliments the existing suite of hotels and luxury condominiums owned by the Group. Construction has also commenced on a luxury selection of spacious apartments in the Gstaad ski-resort. The Gstaad region is renowned for attracting the rich and famous to its beautiful ski slopes and this development was over-subscribed from day one. The Louis Group is considering substantially increasing its stake in the Swiss property market over the next few years and will also look to form strategic alliances with other property developers. The benefit of property investment in Switzerland is that its legislative framework makes it one of the leading protectors of property ownership rights in the world.
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