Suisse Romande Property Fund sells properties
JSS Real Estate Management has sold three buildings in Milvignes (NE) for the Suisse Romande Property Fund.
The sales are aimed at repositioning the fund's portfolio, improving the fund's performance-risk profile and focusing value creation on markets with the most attractive potential, says Dan Bihi-Zenou, CEO of JSS Real Estate Management SA. The fund already divested real estate in June.
According to fund documents, Suisse Romande Property Fund acquired the properties in Milvignes in October 2017; they are apartment buildings. The sale took place with transfer and effect from August 1, 2020. (ah)
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