Sale of a mixed-use building in Plainpalais in Geneva
29 January, 2025 / News / Successes
Selling price
10 - 15 MIO
Commercialisation type
Two-round sale process
Type of property
Mixed-use building
Duration of commercialisation
Less than 3 months
Canton
Geneva
Classified for residential and commercial use, this building was constructed in 1900 by the architect Jules-Jean Hedmann. Located in Plainpalais, more specifically in the Parc des Acacias within the city of Geneva. It consists of 17 apartments and 245 sqm commercial spaces on the ground floor, spread across 6 above-ground levels and 1 basement.
Naef Commercial Knight Frank marketed the building to qualified investors through a two-round sale process to foster competition among the non-binding offers received in the first round and thereby secure the best selling price in the second round.
