The real estate fund Swisscanto REF Responsible Swiss Commercial acquired the retail property Seepark in Kreuzlingen by Lake Constance. The center was opened in 1976 and recently underwent a comprehensive renovation and revitalization process. With its anchor tenant Migros, it is located in an attractive and rapidly developing neighborhood.
The fund manager Swisscanto Invest by Zürcher Kantonalbank offers its clients tailor-made services and solutions in the field of collective investment. With its many years of experience and expertise, it is a leading player in the Swiss fund market.
Baker McKenzie Switzerland advised the fund manager on all legal and tax aspects of this asset deal. The team was led by Samuel Marbacher (partner, Zurich) and Charles Gschwind (partner, Geneva/Zurich) and further included Michael Zeller (associate, Zurich), Susanne Liebel-Kotz (Tax associate, Zurich), Anna Bachmann (trainee lawyer, Zurich) and Katharina Bojar (trainee lawyer, Zurich).