Press: Norwegian SWF Plans to Sell Üetlihof Complex
7 Articles
7 Articles
One of Switzerland's largest office complexes is expected to change hands soon. The Norwegian State Fund wants to sell the Üetlihof in Zurich. On the property one day, apartments could be built.
The Norwegian sovereign wealth fund is restoring to the market the Üetlihof, a large campus of Zurich offices occupied by UBS. The lease runs until 2037 and a future conversion to housing is still only a hypothesis. Price and buyer remain unknown.
According to NZZ, the SWF is aiming for a settlement before the end of the year. UBS remains as a tenant until at least 2037.
One of the largest office complexes in Switzerland is for sale. The Norwegian State Fund wants to get rid of the Uetlihof in Zurich this year. Once thousands of credit-suisse employees worked here. Now a gigantic housing project attracts.
The Zürcher Üetlihof, one of Credit Suisse's most important locations for decades, is on sale again. The Norwegian SWF apparently wants to soon separate itself from the billion-dollar property, but the number of potential buyers is manageable.
Zurich – The Üetlihof in Zurich, one of Switzerland's largest office complexes, is on sale, according to the NZZ. The Norwegian State Fund, which wanted to sell the complex already in 2022, aims to close sales before the end of the year, writes the newspaper in the issue of Tuesday. Those who receive the award and at what price are still open. 2022 [...]
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