Procimmo forms itself as a real estate group
Procimmo now operates as a real estate group focused on real estate asset management, real estate transactions and the marketing of its space. The background to the reorganization is expansion plans.
Procimmo Group AG, formerly known as SEG Suisse Estate Group SA, intends to operate in the market as a real estate group with its subsidiaries, according to the company.
The subsidiary Procimmo SA, asset manager of real estate funds, has greatly expanded its activities since it was founded 15 years ago, making it necessary to set up separate entities, the Procimmo Group said. A holding company was created, which now comprises five companies active in various areas of real estate investment. The three main areas of activity are asset management, real estate transactions and the marketing of rental space. Due to growth in Switzerland and "the intention to be more active in nearby foreign countries as well," Procimmo is now giving itself a new image.
The aim is to position itself in Switzerland, but also with activities abroad, as a market leader in real estate investment and services, with a focus on commercial, industrial and logistics real estate, the group adds.
Procimmo SA currently manages a real estate portfolio of CHF 3.6 billion with five real estate funds, one SICAV and one investment foundation. (ah)
