Investis buys portfolio in Geneva

Investis continues to expand its real estate portfolio. According to the company, it has acquired a portfolio in Geneva.

Investis acquires a real estate portfolio in Geneva (Photo: sam741002 - depositphotos)

The portfolio is reportedly six residential properties in a good location in Geneva with an annualized target rental income of CHF 2.5 million. The purchase price was CHF 52 million.

"The acquired properties show a high rental potential. In addition, the central location of this portfolio in Geneva convinced us," Investis CEO Stéphane Bonvin is quoted as saying in a statement.

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