KanAm Grund Group’s open-ended retail real estate fund LEADING CITIES INVEST has sold the European headquarters building of Chiquita Brands International Sarl on Lake Geneva, Switzerland. The buyer is UBS Fund Management. The parties have agreed not to disclose the purchase price.
Completed in 2017, the building is situated at La Tuilière 16 in the Swiss municipality of Etoy (between Lausanne and Geneva) and comprises around 3,500m². It had been acquired for the LEADING CITIES INVEST fund in February 2019. This is the sixth property that the retail real estate fund sold following its launch in July 2013.
The Chiquita headquarters in Etoy has excellent links to public transport as well as to the nearest airport via the highway to Lausanne and Geneva. In addition to three office floors above ground level and a central reception area on the ground floor, there are several storage, archiving, and technical areas underground. The property also offers 73 outdoor parking spaces.