Baker McKenzie advised Swissroc Industrial Opportunities and Groupe Orllati on their acquisition of approximately 60,000 square meters of freehold land in the heart of Geneva’s Zone Industrielle de Meyrin Satigny (ZIMEYSA) from the Stellantis Group in a share deal.
This transaction marks a strategic acquisition for the buyers in the urban industrial market in Geneva, characterized by growing demand and a limited supply of quality properties. It includes the Stellantis Group’s commitment to the long-term operation of a new car dealership in a sustainable building in line with its CO2 reduction objectives. The new car dealership will be developed by the buyers in the upcoming years.
With a team led by partner Charles Gschwind (Real Estate/M&A, pictured), Baker McKenzie has advised the buyers on all legal and tax aspects of the transaction. The team was also composed by Susanne Liebel-Kotz (partner, tax), Nicolas Eckert (associate, M&A), Nathan Bouvier (associate, tax) and Valerie Bodevin (trainee lawyer).