The Migros Pension Fund relies on the DRSdigital virtual data room for selling real estate to Credit Suisse
The Credit Suisse Investment Foundation Real Estate Switzerland Commercial (CSA RES) makes a purchase in Spreitenbach
Zug, January 13th, 2011 - The acquisition of real estate in Spreitenbach is an initial milestone for CSA RES Commercial. PricewaterhouseCoopers AG consulted for the 475 million CHF transaction.
CSA RES Commercial was quietly launched on 1 July 2010. The capital it has raised has been used specifically to develop a diversified, high-quality portfolio in commercial real estate.
The Spreitenbach property's tenants include Interio AG and the Magazine zum Globus AG, who have long-term, index-linked contracts. As such, CSA RES expects an annual net return of well over 5%.
The due diligence for the transaction was conducted with the DRSdigital high-security virtual data room. The state-of-the-art platform enabled the rapid and secure exchange of transaction-relevant data to all associated parties.