Baker McKenzie Guides Swiss Prime Site in Property Acquisition

Baker McKenzie Switzerland played a pivotal role in advising Swiss Prime Site Immobilien on acquiring the prestigious office property “Fifty-One” at Pfingstweidstrasse 51 in Zurich-West. The LEED Gold-certified building spans approximately 21,000 m2 with 88 parking spaces, generating an annual rent of about CHF 7 million. The property is under a long-term lease to Swisscom, adding to its allure.

Baker McKenzie advised Swiss Prime Site on the legal and tax aspects of the acquisition. The team was led by partner Samuel Marbacher (real state, pictured) and consisted also of Philipp A. Ruchti-Baltensperger (associate, real estate) and Susanne Liebel-Kotz (partner, tax).