Announced
Completed
Financials
Tags
Switzerland
Majority
real estate management
Acquisition
Single Bidder
Friendly
Private
Domestic
Real Estate Holding and Development
Completed
Synopsis
Swiss Prime Site, a listed real estate company in Olten, Switzerland, completed the acquisition of Akara Group, a real estate asset manager. Financial terms were not disclosed. "Being part of the Swiss Prime Site Group will enable us to pool our fund expertise and significantly expand our market position," Karl Theiler, Akara CEO.
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