Baker McKenzie advises a Swiss Real Estate Investment Foundation on its acquisition of a first-class (mixed-used) commercial property in Crissier

Baker McKenzie advised a Swiss Real Estate Investment Foundation on its acquisition of a high quality property located in Crissier, a fast-growing community in the west of Lausanne, Switzerland. The property was built in 2017. It comprises 6,002 sqm of fully-let office and retail spaces and is certified under the Minergie-standard, the Swiss standard for comfort, efficiency and value preservation.

The acquisition was conducted by way of an asset transfer from a Swiss-based Real Estate company to a Swiss Investment Foundation. The transaction underpins the ongoing and persistent appetite for technological and sustainable assets in urban locations.

Baker McKenzie Switzerland advised its client on all legal and tax aspects related to the acquisition.

Charles Gschwind and Samuel Marbacher (partners, Real Estate) led the Baker McKenzie team, consisting of Susanne Liebel-Kotz and Nathan Bouvier (associates, Tax), Christophe Reitze (associate, Real Estate), as well as Gwendolyn Lins and Alexander Eichenberger (trainee lawyers).