Real Estate M&A

After UBS AG had decided to vacate the property "Talgutzentrum" in Ittigen (BE), in autumn 2005 UBS Real Estate M&A (UBS) was assigned to establish a new utilisation concept and to sell the property.

The conceptual study was prepared in cooperation with external architects and letting agents. In order to increase the possibility of a sale, different letting and sales scenarios were worked out. Given the limited demand for office space in the area, the successful commercialisation of the property required a supra-regional tenant search and the targeting on owner-occupiers.

Between January and May 2006 negotiations with different potential buyers were conducted and visits of the property were organised. Thereafter, the Bern domiciled and internationally known association Swiss Olympic decided to transfer its headquarter to Ittigen. The sales transaction was successfully closed in October 2006.