Rolex-backed Marconi Investment completed the acquisition of a building located at Rue du Rhone for $133m.

Rolex-backed Marconi Investment, a company that specialises in renting, buying, selling and appraising real estate, completed the acquisition of a building located at Rue du Rhone for $133m. Swatch Group AG, the parent entity of Omega, has its biggest boutique listed as a tenant in the property that has now been bought by the Rolex subsidiary.