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

  • Return:
    (IRR) 31%
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

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