Investis Group Sells Entire Real Estate Service Segment

Yesterday evening, Investis Group signed an agreement to sell its entire Real Estate Services business to the Finnish PHM Group Holding Oy's subsidiary, PHM Group Oy. The enterprise value is CHF 240 million. The transaction is expected to close in the coming weeks. Stéphane Bonvin, CEO of Investis Group, stated that this sale offers an excellent development opportunity.

The operations of all Real Estate Services subsidiaries will continue seamlessly. Ville Rantala, Group CEO of PHM Group, highlighted that the acquisition makes PHM a market leader in Switzerland and provides a basis for further acquisitions.

Following the sale, Investis will hold a minority stake in PHM Group TopCo Oy worth CHF 50 million. Stéphane Bonvin is proposed for election to PHM Group's Board of Directors to support the development of PHM’s Swiss subsidiaries.

Investis will now focus on expanding its property portfolio, with purchase contracts worth CHF 201 million signed, expecting a gross rental income of CHF 12.5 million. The sale of the Real Estate Services business will significantly increase equity, with the loan-to-value ratio expected to be slightly below 26%.