Switzerland

By submission dated 14 December 2022, the shareholder of Peach Property Group AG, Ares Management Corporation, filed a request with the Swiss Takeover Board regarding the exemption from the obligation to make an offer in connection with the issuance of mandatory convertible bonds by Peach Property Finance GmbH, a group compan...

Hyatt has entered into a franchise agreement with Davos Luxury Properties AG for Hotel Flüela. Currently operating on an unbranded basis, the 50-room luxury hotel is expected to join The Unbound Collection by Hyatt brand in 2023 after an extensive refurbishment.

Implenia, has signed a cooperation agreement with Deutsche Asset One and Union Investment, two companies which have been working together for many years. This brings together the acquisition, project development and planning skills of Implenia’s Division Real Estate with Deutsche Asset One’s market expertise and exclusive foc...

Real estate transactions in Europe are becoming more complex. This is the conclusion reached by a study conducted by Drooms. In the study, the company evaluated more than 4,000 transactions that took place between 2019 and 2022 as well as surveying around 170 real estate experts in Europe.

RE Capital has appointed Cristina Dumet as its first Head of HR, enabling it to continue its rapid expansion while placing employee wellbeing at the front of its considerations.

Empira Group remains on its growth trajectory. In the first nine months of 2022 the company has increased assets under management by €1.1 billion, to €7.1 billion. This growth will be accelerated in 2023, as the investment and asset manager intends to increase assets under management by a further €2.5 billion. The company pri...

EPH European Property Holdings PLC excepts a loss between 30-40 million for the first half year 2022, compared to a profit of 9 million for the same period a year earlier.

For the „Hotel Property Award 2022“, which will be presented at the 196+ hotelforum conference on Thursday, October 6, the interdisciplinary jury of experts has nominated ten hotels from among 36 applicants from seven European countries.

Simon C. Winker MRICS is the new Head of Project Development at PKF hospitality group. In the newly created position, his main task is to provide expert support to clients throughout the entire cycle of a hotel project development. This includes, in particular, the preparation of room and function programs, architect briefing...

Launched in 2020, the open special AIF “Empira Opportunities Fund” is performing well. So far €840 million have been invested to date, and an attractive return (ITD) of approximately 65% has been achieved.

Peach Property Group AG reports a positive development in its operational results for the first half-year of 2022 based on preliminary operating figures, while further improving the group’s financial structure. The group confirms the issued guidance for the 2022 financial year (expected net rental income between CHF 113 milli...

Implenia’s Division Buildings won two attractive contracts in western Switzerland. As large, complex real estate projects with a focus on sustainability, they are fully aligned with Implenia’s strategy. They are also proof of the Company’s strong position as Switzerland’s leading construction and real estate service provider....

Stoneweg Group has added three Directors to its Board, and appointed Yvan Mermod and Rafael Cerezo to the newly created roles of CFO and CIO respectively. It follows a strong period of growth since Stoneweg’s inception in 2015, and the arrival of these highly experienced industry professionals is a significant milestone as i...

KanAm Grund Group’s open-ended retail real estate fund Leading Cities Invest has sold the European headquarters building of Chiquita Brands International Sàrl on Lake Geneva, Switzerland. Buyer is UBS Fund Management (Switzerland) AG. The parties have agreed not to disclose the transaction price.

RE Capital has obtained the building permit for its flagship industrial and logistics Rubix project, located in Meyrin-Satigny (Zimeysa) in Geneva.

IPI Partners, LLC today announced it has agreed to acquire a majority stake in Safe Host SA (“Safe Host”), a Switzerland-based data center owner and operator, from the founders, management, and funds managed by StepStone Real Estate (“SRE”), the real estate arm of global private markets investment firm StepStone Group Inc. (...

Propreal Capital Partners has completed the disposal of a prime office property in the heart of Geneva for CHF 102 million (€99 million) after successfully negotiating a new long-term lease with government-backed Geneva University Hospitals. The buyer was Caisse de Prévoyance de l'Etat de Genève (CPEG), the State of Geneva's ...

Multi Corporation is appointed property and asset manager for Mall of Switzerland effective 1st June 2022. Mall of Switzerland is a modern, four storey shopping centre with 65,000 m² of GLA, over 80 shops, a 12 screen cinema, restaurants, leisure options and a parking garage for 1.600 vehicles.