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Mont Blanc Plaza

Vaud, Switzerland
  • Acquisition Type:
    Sale & Leaseback (Philips)
  • Acquisition Date:
    2007
  • Status:
    Sold
  • Project:
    Production & Office Campus
  • Building Age:
    1982
  • Size:
    6,900 sq.m.
  • Asset Class:
    Industrial/Production/Logistics/Office
Highlights
  • Partial sale and lease back of 15% of the property to the seller
  • Successful subdivision of areas to fit needs of local tenants
  • Total investment of CHF 2m into Capex and Tenant Improvement works
  • Increased Occupancy from 60% to 100%
  • Stabilised income increased by 50% and weighted average lease term increased from 3 to 5 years