Switzerland

A joint partnership among Trinity Investments, funds managed by Oaktree Capital Management and funds managed by UBS Asset Management’s Real Estate & Private Markets Multi-Managers business has acquired Park Hyatt Zurich, a 138-key luxury hotel with ancillary office and parking elements. The joint partnership purchased the hot...

This year's winner of the „Hotel Design Award“ is The Rome Edition in Rome, Italy. The prize was awarded yesterday at the 196+ forum Milan.

London has narrowly overtaken Geneva to top the rankings once again as the most expensive city in the world in which to build, according to the latest Arcadis 2024 International Construction Costs (ICC) report, released by the global design and engineering consultancy today.

EPH European Property Holdings has decided to suggest to the holders of the company‘s bonds with ISIN CH1177348302 and with a total nominal value of €122,175,000 to amend certain terms of these bonds:

EPH European Property Holdings to announce that the company expects a loss between €155 – 165 million for the year 2023, compared to a profit of €7 million for the same period a year earlier. A significant part of this loss is attributed to non-cash accounting adjustments.

Helvetica Property Investors AG is set to implement leadership changes at the beginning of the second quarter, slightly ahead of the initial schedule. Peter E. Bodmer becomes the new Chairman and Marc Giraudon takes on the role of sole CEO as of 2nd April 2024.

Panattoni is planning a €65 million City Dock urban business park development in the Basel Trinational Eurodistrict at the junction of three countries, France, Germany and Switzerland.

StoneVest AG and Madison International Realty have launched a joint venture for the acquisition of light industrial and logistics properties. Over the next three years, the joint venture partners expect to acquire assets with a total value of up to €150 million.

Ecobos delivered its first homes in West Carclaze Garden Village last year. To drive the next phase, Maher Maksoud will prioritize advancing this development as CEO of Ecobos and Orascom Development plans to bring in more investors to join the venture.

Helvetica Property Investors AG's funds HSC, HSO and HSL were performing stable in 2023. The preliminary application for a merger of Helvetica Swiss Opportunity Fund (HSO Fund) with the Helvetica Swiss Commercial Fund (HSC Fund) has been submitted to the FINMA.

RE Capital and its investment partner Real Estate Investment Group (REIG) have commenced with the construction phase of its industrial project, called Rubix, located in the Meyrin-Satigny industrial and commercial zone (the ZIMEYSA) in Geneva.

Thorsten Arsan, CFO, will leave Peach Property Group AG at the end of August 2024 to pursue new professional challenges, the company's Board of Directors announced today. A new CFO will be announced shortly.

BlueRock Group completed transactions with a total volume of €207 million in office and residential real estate in 2023. This included acquiring eight residential buildings in Berlin, with a total lettable area of 15,000 square metres providing 213 residential and 17 commercial units. Among disposals, eight buildings from the...

Union Investment has sold the logistics property at Industriestrasse 11 in Oftringen. The buyer is a Swiss property fund from UBS Asset Management. The purchase price is higher than the most recent expert value.

Helvetica Property Investors has appointed Marc Giraudon as Co-CEO, effective 1 January 2024. He is set to become the sole Chief Executive Officer on 1 July 2024, subject to regulatory approval.

CPI Property Group reports the signing of a binding agreement for the sale of approximately 84% of the shares of Remontées Mécaniques Crans Montana Aminona (CMA) SA, the company owning and operating the Crans Montana ski lifts, as well as several assets and properties relating to the on-mountain activities, including restaura...

Multi Corporation appoints Andreas Schmidt-Pöstion as Finance Director for Switzerland, Hungary and Slovakia, effective as of November 13, 2023.

PropTech Limehome is expanding into three new countries. The HospitalityTech has signed contracts for almost 220 apartments in Greece, Italy and Switzerland, thereby expanding its strategic focus on vacation destinations.