Bern: Fund buys property in Marktgasse
The acquisition of an office and retail property in a central location increases the portfolio to CHF 189 million.
Pure Swiss Opportunity REF (PSO) has acquired a commercial property in the center of Bern. According to the fund management company, the transaction took place on December 27 and relates to the property at Marktgasse 56. The transaction increased PSO's portfolio volume to around CHF 189 million at the end of the year.
The property comprises a renovated retail space on the ground floor and basement with the main tenant Beldona as well as other tenants of commercial and office space. Pure gives the gross yield at cost price as approx. 4.0%. The building was constructed in 1963. (aw)
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