Baker McKenzie advises Pension Fund of Zürcher Kantonalbank on acquisition

Baker McKenzie has advised the Pension Fund of Zürcher Kantonalbank, represented by Zürcher Kantonalbank Asset Management, on its purchase of a prime residential property in Genève-Champel, a popular residential area near the center of Geneva, from a large Swiss corporate. The property was recently comprehensively renovated and extended and the leases are subject to restrictions under the cantonal LDTR law.

Baker McKenzie advised the Pension Fund of Zürcher Kantonalbank on all legal and tax aspects of this asset deal. The team was led by Charles Gschwind (pictured) (partner, Real Estate, Geneva/Zurich) and included Samuel Marbacher (partner, Real Estate, Zurich), Kim Jean Dachtler, Pascal Dorier (both associates, Real Estate, Geneva) and Valerie Bodevin (Trainee Lawyer, Geneva).