Swiss Prime Site Acquires Modern Office Property in Lausanne

Swiss Prime Site announced the acquisition of a high-quality office property in Lausanne-West, further enhancing its portfolio in French-speaking Switzerland. This property, completed in 2023, adheres to the latest sustainability standards, featuring district heating and solar panels, achieving the Minergie-P certification. It occupies a prime location with panoramic views of Lake Geneva and the Alps.

The office space offers 14,600 square meters plus an additional 1,000 square meters of outdoor space. The property is fully leased to over 15 reputable tenants in the technology and defense sectors, as well as research institutes, ensuring a net rental income of CHF 4.75 million annually with a yield of 4.0%.

Swiss Prime Site's CEO, René Zahnd, highlights the strategic acquisition aligns with their portfolio focus on modern, central locations, emphasizing Lausanne's dynamic growth and academic excellence. This acquisition contributes to their goal of achieving over CHF 17 million in annual rental income by 2026.