Greenbrix AST makes a purchase in Geneva
With the acquisition of a historic property in a central location in Geneva, the Investment Foundation's total assets reach the CHF 500 million threshold for the first time.
The Greenbrix Investment Foundation has announced that it acquired a property at Rue de Coutance 10 in Geneva on July 1, 2025. The 15th century building has reportedly been completely renovated and is located just a few steps from Cornavin train station and the banks of the Rhône. According to Greenbrix, the property was acquired as part of an off-market deal and the investment costs amount to around CHF 32 million. With a lettable area of more than 2,300 square meters, the property also includes retail space on the first floor in addition to apartments. According to IB research, the seller of the property in Geneva was entrepreneur Christophe Pillon.
As Greenbrix also announced, the total assets of the investment foundation exceed the CHF 500 million threshold as a result of the transaction. The Lucerne-based investment foundation was established in 2013 and invests in residential properties throughout Switzerland via the Greenbrix investment group. The residential portion of the portfolio amounts to over 90 %. (aw)
