spg partner orchestrates landmark office transaction between SGS and Swiss Prime Site in the heart of Geneva
spg partner, in association with Cushman & Wakefield, has successfully advised SGS in the high-profile sale and short-term leaseback of their historic headquarters at Place des Alpes, Geneva. This landmark transaction marks a pivotal moment in the Swiss real estate market, involving a prime asset of approximately 8,890 sqm located directly opposite Geneva’s main CFF train station.
The transaction attracted strong interest from investors, illustrating the return of national and regional institutional capital for large-scale commercial assets. It is also part of SGS’s strategic relocation of its global headquarters from the Canton of Geneva to the Canton of Zug. As part of this move, SGS will remain in the Geneva building as sole tenant until the end of 2025, before moving into Swiss Prime Site’s “BLU BAAR” property in Zug under a long-term lease agreement.
spg partner played a pivotal role throughout the process, supporting the seller in a complex, high-value transaction that required a fine balance of strategic insight, market expertise, and executional precision. The strength of our partnership lies in the combination of local expertise, a solid national network, and international best practices — an approach that enabled us to support SGS in this high-stakes transition and deliver optimal results for all parties involved.
The Geneva property, a mix of historic architecture and modern office space, will undergo light refurbishment before being repositioned by Swiss Prime Site as a multi-tenant building. From mid-2026, around 5,800 sqm of premium office space will be made available in this highly accessible and prestigious location.
This transaction highlights several key trends: the reallocation of major corporate headquarters within Switzerland, the sustained appetite of institutional investors for prime office assets, and the ongoing evolution of Geneva’s central business district. It also confirms the growing demand for well-located office buildings in central, high-accessibility locations — and the strong return of capital to quality assets with long-term growth potential.
“Enabling this milestone transaction speaks for the confidence clients place in our ability to manage strategic real estate transitions,” said Sandra Claudia Andres, Head of Capital Markets. “Our role was to ensure the alignment of our client’s interests, a streamlined process, and value creation across all stages of the deal.”
This sale further strengthens the positive momentum of the Geneva market and confirms the long-term appeal of its prime assets. It also reinforces spg partner’s position as a leading advisor in the Swiss capital markets segment, capable of delivering bespoke, high-impact solutions in an increasingly competitive landscape.
Congratulations to Sandra Claudia Andres, Alexandre Azar, and Dimitri Cogne for their outstanding work on this transaction.
