Sale of a mixed-use building in Grand-Lancy, Geneva
18 June, 2024 / News / Successes
Selling price
> 15 MIO
Type of commercialisation
Two-round sale process
Type of property
Mixed-use building
Duration of commercialisation
3 months
Canton
Geneva
Built in 1972 at the head of a block of four buildings, this residential building with business premises on the ground floor is centrally located in Grand-Lancy, in the quiet, residential district of Les Palettes, within easy reach of all amenities.
It comprises 37 flats and 449 m² of commercial space, spread over 8 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.
