Top-quality property purchase further enhances real estate portfolio
Swiss Prime Site has acquired the Résidence Gottaz Senior SA in Morges from Boas-Yakhin Holding SA, whose registered offices are in Crissier in the Swiss canton of Vaud. The purchase was made by Swiss Prime Site Immobilien AG and took effect on 30 June 2017. The transaction encompasses four high-quality buildings, some dating back as far as the 18th century. The four properties and their surrounding parkland have an overall area of more than 12 000 m2 . This new acquisition will enable the Swiss Prime Site Group not only to enlarge its real estate portfolio but also to raise its profile in the assisted-living sector in French-speaking Switzerland. As René Zahnd, Swiss Prime Site’s CEO, explains, «La Gottaz is truly unique, both in terms of its style and its location. This purchase represents a virtually ideal addition to our portfolio of prime properties. It will also help us to ensure that Tertianum will be able to manage and operate the La Gottaz residences for the long term». Seller and buyer have both agreed not to disclose the purchase price.
Transaction raises Tertianum’s market profile in French-speaking Switzerland
The La Gottaz residential and care centre has 45 beds for residents requiring nursing care. These are distributed among the property’s four buildings. Full operational management responsibility for La Gottaz was assumed by the Tertianum Group, a Swiss Prime Site company, with effect from 1 July 2017. Prior to that, Tertianum operated La Gottaz under a management mandate. The stylish property, with its generously proportioned parkland, provides discriminating residents with comfortable living accommodation in elegant surroundings. As Luca Stäger, the Tertianum Group’s CEO, puts it, «In addition to offering its guests the highest levels of comfort, La Gottaz ideally complements our current assisted-living offering in the Lake Geneva area». The peace and tranquility which characterise La Gottaz are an added bonus, as are its excellent access to public transport and road transport links.
Should you have any further questions, please contact:
Investor Relations, Markus Waeber
Media Relations, Mladen Tomic