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By Deka Immobilien (Real Estate)
Deka Immobilien has exchanged contracts to secure the purchase of an office building in Geneva under a sale and leaseback arrangement with the private bank Pictet & Cie SA. The property is to be transferred to the two open-ended real estate funds WestInvest InterSelect (66%) and Deka-ImmobilienEuropa (34%) by means of a joint venture.
By UBS Asset Management (UK) Ltd (Real Estate)
The transaction market remains buoyant as the risk premia of direct property investments persist at an elevated level.
By Swiss Life Asset Managers (Real Estate)
Residential market with stable first half 2020 performance investor uncertainty and lower population growth on the demand-side leading to lower rental levels in peripheral regions - tight market conditions within dense metropolitan city centres.
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