The LEADING CITIES INVEST has purchased its second office building at Lake Geneva. The newly built property La Porte d`Eysins comprises 6,500m² and has a large photovoltaic roof system. The tenants are Ares Trading, an operational subsidiary to the Merck Group in Switzerland, Moët Hennessy Suisse and the well-known watchmakers TAG Heuer.
The building forms part of “Terre Bonne Park”. Eysins is at the Western shore of Lake Geneva. Geneva and Lausanne are 23 and 36 kilometers away respectively, with great connections via the nearby highway and train connections providing a great public transport option with short intervals between trains. The seller is a Dutch – Swiss-based developer named NEMACO. It has been agreed to keep the sales price confidential.
A year ago, the LEADING CITIES INVEST already purchased the headquarters of the Fruit trading company Chiquita on the Northern shore of Lake Geneva. In the current Corona crisis, LEADING CITIES INVEST has a comparatively below-average risk profile, primarily due to its tenant mix and its well-diversified property portfolio, also because the only hotel and the headquarters of a hotel provider were sold last year.
