Lugano: Artisa Group acquires commercial property

Artisa Group AG has acquired a property in Lugano from EFG Bank. The property has considerable development potential, according to SPG Intercity Zurich, a consulting firm working for the seller.

Artisa
The property sold by SPG Intercity in Lugano-Pregassona (Photo: SPG Intercity Zurich)

SPG Intercity Zurich AG has sold a property in Lugano on behalf of the owner EFG Bank AG, which has "considerable development potential," according to the real estate consulting company.

The buyer is Artisa Group AG, a Swiss company in the field of development and management of real estate investments on the Swiss and European market.

Among other things, the property currently houses a five-story office property that was previously fully leased to a software and financial services company. The property sold, which is located in the Pregassona district of Lugano, will be renovated and leased to companies, laboratories and institutes. (bw)

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