Baker McKenzie with Swisscanto Anlagestiftung in office property sale

Swisscanto Anlagestiftung, advised by Swisscanto Invest, sold an office property with development potential in Steinhausen to Creafonds, a real estate investment and development company, for an undisclosed consideration. This strategic sale will allow Swisscanto Anlagestiftung to further increase its focus on its core investment strategy.

Baker McKenzie advised Swisscanto Anlagestiftung on all legal and tax aspects of this asset deal. The team was led by Samuel Marbacher (partner, pictured top left) and Charles Gschwind (partner, pictured top right), and they were assisted by Susanne Liebel–Kotz (tax associate).

Swisscanto Invest is the asset manager of the Cantonal Bank of Zurich and one of the country’s providers of investment and pension solutions, with approximately CHF 200 billion in assets under management, of which approximately CHF 11 billion is invested in Swiss real estate. The firm offers its customers a tailored and comprehensive service portfolio in investment and pensions. Meanwhile, Swisscanto Anlagestiftung, which was established in 1973, is an investment foundation in Switzerland.