BFW Liegenschaften AG acquired residential/commercial property at Hönggerstrasse 40/Röschibachstrasse 22 in Zurich for CHF 29.5 million.

BFW Liegenschaften AG (BFW) is a Switzerland-based real estate management company, engaged mainly in the residential real estate management in commuter areas around the economic center of German-speaking Switzerland. The Company concentrates its activities on the purchase, development, administration and sale of real estate. The Company’s real estate portfolio consists of residential real estate, residential/commercial real estate and commercial real estate. The residential real estate portfolio's effective area totals to 78,979 square meters (from which parking space amounts to 8,870 square meters). The residential/commercial portfolio's effective area totals to 36,780 square meters (from which parking space amounts to 4,650 square meters). The commercial real estate portfolio's effective area totals to 22,614 square meters (from which warehouse space amounts to 9,151 square meters).