Purchase of a construction project in Geneva by Swiss Prime Investment Foundation

Swiss Prime Investment Foundation announces the acquisition of a construction project in the Cherpines district in Plan-les-Ouates (GE). On an area of 15,000 m², 175 rental apartments will be built. This development is part of a larger project including approximately 3,000 housing units and 2,000 jobs, with school and service infrastructures. A new tram link will connect this district to the Lancy-Pont-Rouge and Cornavin stations.

At the same time, the investment group "SPF Real Estate Switzerland" will open a new subscription period from 14 October to 15 November 2024. This issue targets a volume of CHF 75 million and aims to strengthen the foundation's real estate portfolio. The funds raised will be used to purchase and develop properties in order to optimise returns and improve the quality of the existing portfolio.