NSI completed the sale of 70% of the Swiss portfolio for CHF 94.5 million
NSI N.V. (NSI) completed last week the sale of its Swiss office property “Silvergate” in Thalwil and its retail property “Perolles-centre” in Fribourg for a total amount of CHF 94.5 million (€ 78.7 million). NSI’s strategy focuses on the Benelux and NSI therefore considers Switzerland no longer as a core market. As announced in December 2011, NSI is in the process of selling its Swiss assets and has by now sold approx. 70% of its Swiss portfolio, representing a LTV (loan-to-value) reduction of approx. 1.4%.
Released on: 2 juli 2012News
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NSI N.V.
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