Canton of Geneva: decline in real estate investments in 2023

      The market for direct real estate investments in the canton of Geneva reached a transaction volume of CHF 2.9 billion in 2023. This corresponds to a decline of around 25% compared to 2022.

      In Switzerland, the Swiss National Bank (SNB) increased its key interest rate by 250 basis points between June 2022 and June 2023. Against this backdrop, activities in the Geneva real estate investment market have significantly slowed down.

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      Ulrich Prien

      Partner, Deal Advisory, Sector Head Real Estate

      KPMG Switzerland

      Beat Seger

      Partner, Real Estate Advisory, Chief Digital Officer

      KPMG Switzerland

      Ulrich Prien

      Partner, Deal Advisory, Sector Head Real Estate

      KPMG Switzerland

      Beat Seger

      Partner, Real Estate Advisory, Chief Digital Officer

      KPMG Switzerland

      Laurent Aillard

      Senior Manager, Real Estate Advisory

      KPMG Switzerland

      Real estate

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