16 septembre 2021 I Deals et affaires

Bär & Karrer Advises Allreal Holding in the Acquisition of Several Real Estate Companies from Immosynergies Holding

Allreal Holding AG, listed on SIX Swiss Exchange, has agreed to acquire several real estate companies in the western part of Switzerland from Immosynergies Holding Sàrl. The acquisition covers a high-end portfolio of investment properties with a total value of around CHF 500 million in addition to development properties with a total value of around CHF 210 million, representing a potential investment volume of more than CHF 700 million. Allreal is also buying the group’s general contracting division. The net purchase price for the entire transaction is expected to be around CHF 400 million, to be paid half in cash and half in Allreal shares. The Transaction is expected to be closed in the second half of October 2021, provided that various completion conditions will be met.

Bär & Karrer is acting as legal advisor to Allreal in this transaction. The team includes Martin Anderson, Arnaud Philippe, Caroline Sauthier and Vera Waldburger (all M&A), Ralph Malacrida and Janine Wüst (both Capital Markets), Christoph Suter, David Weimann and Alice Johnson (all Tax), Corrado Rampini and Kilian Müller (both Real Estate) as well as Thomas Stoltz, Ignaz Müller and Michael Rohrer (all Notary Public).