Satigny Business Park
Geneva, Switzerland
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Acquisition Type:Sale & leaseback (Georg Fischer Group)
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Acquisition Date:2011
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Status:Sold 2013
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Project:Mixed Use Campus
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Building Age:1988
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Size:18,037 sq.m.
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Asset Class:Industrial/Production/Logistics/Office
Highlights
- Partial sale and lease back of 25% of the property to the seller
- Successful subdivision of areas to fit needs of local tenants
- Total investment of CHF 4m into Capex and Tenant Improvement works
- Increased Occupancy from 25% to 100%
- Extensive branding and marketing exercise for “Satigny Business Park”