Industry 22

Zurich, Switzerland
  • Acquisition Type:
    Sale leaseback (Siemens)

  • Acquisition Date:
    2013

  • Status:
    Sold 2018

  • Project:
    4 buildings

  • Building Age:
    1971-1994

  • Size:
    27,000 sq.m.

  • Asset Class:
    Industrial/Production/Logistics/Office

  • Return:
    (IRR) 24.8%
Highlights
  • Sale and leaseback of 75% of manufacturing and production facility reducing to 25% over 2 years
  • Multi-million CHF refurbishment to allow for multi-occupaition, including new retail uses
  • Full regulatory fire security compliance
  • Development of additional land parcel for retail use
  • Leasing to 80% occupancy
  • Extensive branding and marketing exercise

A growing footprint across Europe

London office
42 St James’s Place,
London, UK
Geneva office
Rue des Voisins 17,
Geneva, Switzerland
Berlin office
Hardenbergstraße 27, 17th Fl
Zoofenster, Berlin, Germany
Vienna office
Gutheil Schoder Gasse 8-12,
Vienna, Austria