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Bär & Karrer Ltd.

BRANDSCHENKESTRASSE 90, 8027 ZÜRICH, SWITZERLAND
Tel:
Work +41 58 261 50 00
Fax:
Fax +41 58 261 50 01
Email:
Web:
www.baerkarrer.ch
Geneva, Lugano, Zug, Zurich

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Orascom Development Holding sold a number of The Chedi Andermatt apartments to Acuro Immobilien

September 2012

Orascom Development Holding AG, one of the leading developer of fully integrated tourism destinations and leisure facilities has sold 73 apartments in the mixed-use project The Chedi Andermatt for CHF 122.7 Mio to Acuro Immobilien AG. Acuro Immobilien AG is indirectly controlled by private equity real estate investors and managed by Swiss Finance & Property AG in cooperation with Orox Asset Management S.A.

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