Press release
Zurich, 1 February 2018
Investis completes successful takeover of Société d'investissements immobiliers SII SA
- Acquisition of an attractive portfolio of ten residential properties in Geneva
- Annualised full occupancy property rent of CHF 5.6 million
Today as planned, Investis Holding SA successfully completed its takeover, announced on 20 December 2017, of Société d'investissements immobiliers SII SA, a Geneva-based property company with an attractive portfolio of ten residential properties in Geneva. The acquisition price is CHF 108 million.
"With their high rent potential and central location, these Geneva properties are an excellent fit with the strategy pursued by Investis," said CEO Stéphane Bonvin.
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