Baker McKenzie advises Swisscanto Anlagestiftung on its acquisition of a Swiss real estate portfolio by a contribution in kind

Baker McKenzie advised Swisscanto Anlagestiftung on its acquisition of a real estate portfolio consisting of nine properties located in the cantons of Bern, Zurich, St. Gallen and Aargau.

The acquisition was conducted as a contribution in kind from another investment foundation (Anlagestiftung) to the investment group Swisscanto AST Immobilien Responsible Schweiz under the regime of an asset transfer under the Swiss Merger Act (Vermögensübertragung). This was one of the first assets transfers (Sacheinlage) of a real estate portfolio conducted from one investment foundation to another.

Baker McKenzie Switzerland advised Swisscanto Anlagestiftung on all legal and tax aspects of the acquisition.

Samuel Marbacher (partner, real estate) led the Baker McKenzie team, which consisted of Mario Kumschick (counsel, tax), Michael Zeller, Zarina Fueglister and Jasmin Voegtli (associates, real estate) and Felix Maier, Hayley Ryerson, Anja Keller and Gwendolyn Lins (trainee lawyers).