Sale of 4 mixed-use buildings - Chêne-Bourg - Geneva

06 March, 2021 / References

Asking price

0 - 5 MIO


Sales price

0 - 5 MIO


Commercialisation type
Two-stage tendering

Duration of commercialisation
2 months

Canton
Genève

The sale by tender allowed the sales price to be optimised by more than 5% above the displayed price.

The building: This is a beautiful rental building built before 1919, in the heart of the Vieux-Bourg of Chêne-Bourg. It has 5 apartments, 2 arcades, 1 depot and 3 parking spaces spread over 4 above ground levels. It is completed by a basement comprising 1 technical room for the boiler room, 1 laundry room and 4 cellars. The building is equipped with gas-fired central heating.

Our department was mandated to sell a portfolio of 4 buildings in Chêne-Bourg, either as separate or grouped lots. To do this, we marketed the buildings in two ways in order to reach the most investors. In addition, we favoured commercialisation in the form of a two-stage tendering, which enabled us to optimise the portfolio's sales price by more than 10%. The type of property did not present any particular risk, investors were present.


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