Acquisition of real estate premises in the Zurich West area by Union Investment and conclusion of full service general contractor agreement with Marazzi for the development and construction of a major business building
Lenz & Staehelin advised the German real estate giant UniImmo and its fund manager Union Investment Real Estate AG in their first Swiss real estate project. As part of the project, Union Investment acquired real estate premises in the upcoming area Zurich West from Coop Immobilien AG and entered into a full service general contractor agreement with Marazzi Generalunternehmung AG regarding the development and construction of a 20'400 m2 new landmark business building for more than EUR 80 million.
Lenz & Staehelin's team was led by Beat Kühni and comprised Benjamin Fehr and Maja Baumann.