Leading global law firm Baker McKenzie has advised Investis in the sale of its subsidiary Régie du Rhône SA, Lancy, to Immoparticipation SA, Fribourg. In 2018, Régie du Rhône generated revenue of around CHF 20 million and employed 155 people. With this sale Investis is focusing its property management activities on the national brand Privera. The parties have agreed not to disclose the sale price.
About Investis Group
Founded in 1994, Investis Group is a leading residential property company in the Lake Geneva region and a national real estate services provider active in the two synergetic segments of Properties and Real Estate Services. The portfolio of Investis Properties consists almost exclusively of residential properties located in the Lake Geneva region and was valued at CHF 1,345 million (as of 31 December 2018). Investis Real Estate Services is active throughout Switzerland with well-known local brands.
Baker McKenzie advised Investis in this transaction. The Baker McKenzie team comprised Marcel Giger (lead), Petra Hanselmann and Ramon Tissafi.