Allreal acquires assets from Immosynergies and Olivier Plan for CHF400m. The advisors

Allreal has agreed to acquire 20 yield-producing properties with a total value of around CHF 500 million and 4 investment properties under construction with a total value of around CHF 210 million from Immosynergies Holding and its owner Olivier Plan. Allreal is also buying Immosynergies’s general contracting division, which mainly focuses on its own projects.  

The net purchase price for the entire transaction is expected to be around CHF 400 million. The acquisition price is to be paid by half in cash and half in Allreal shares. It will result in Immosynergies and Oliver Plan becoming one of Allreal’s most significant shareholders. 

The Transaction is expected to be closed in the second half of October 2021, provided that various completion conditions will be met. 

The advisors

Lenz & Staehelin is acting as legal advisor to Olivier Plan and Immosynergies in this transaction. The Lenz & Staehelin team consists of partner Daniel Schafer (tax, pictured top right) and partner Jacques Iffland (corporate and capital markets, pictured top left), and includes associate Clément Bouvier (corporate), associate Emilie JacotGuillarmod (corporate) and associate Benoît Biedermann (tax). 

Bär & Karrer is acting as legal advisor to Allreal in this transaction. The team includes partner Martin Anderson (pictured left), associate Arnaud Philippe, associate Caroline Sauthier  and trainee lawyer Vera Waldburger (all m&a), partner Ralph Malacrida and associate Janine Wüst (both capital markets), partner Christoph Suterassociate David Weimann and associate Alice Johnson (all tax), partner Corrado Rampini and associate Kilian Müller (both real estate) as well as partner Thomas Stoltz, junior associate Ignaz Müller and associate Michael Rohrer (all notary public). 

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