IMMOFONDS has closed the acquisition of four real estates comprising of 48 apartments in Lugano, thus expanding its geographical reach to southern Switzerland. The residential property is located at Via Crocetta 25. The property consists of four apartment buildings with a total of 48 apartments (1.5 to 4.5 rooms). They are located in an attractive residential area in the district of Viganello. The municipality of Lugano, with its current population of around 60,000, will grow significantly faster than the Swiss average over the next 20 years.
Walder Wyss has advised IMMOFONDS as buyer in this transaction. The team was led by Adriano Antonietti (partner, m&a, pictured) and further included Davide Jermini (partner, real estate), Valentine Schnyder (associate, m&a), Béatrice Viertl Bujard (associate, m&a), Sara Razgallah (associate, real estate), Maria Gentile (associate, tax), Valerio Caccia (associate, real estate) and Dimitrios Berger (associate, m&a).