Sale of a rental building in Plainpalais (GE)
13 June, 2022 / Successes
Selling price
6 - 15 MIO
type of commercialisation
Two-stage tendering
Duration of commercialisation
3 months
Canton
Geneva
It consists of a residential rental buildings built in 1910. The building is made up of 8 apartments (2, 3, 3.5 and 4 rooms) all spread over 5 levels.
Naef Investissement & Commercial marketed the building in a two-stage tendering process in order to compete with the offers of intention received at the end of the first round and thus obtain the best sale price in the second round. The sale took place at the end of the marketing schedule, at a price higher than the bidding price.
