Homburger advised Swiss Prime Site Solutions AG in relation to its authorization by FINMA as a fund management company

On September 20, 2021, Swiss Prime Site Solutions AG received final confirmation from the Swiss Financial Market Supervisory Authority FINMA of its authorization as a fund management company under the Financial Institutions Act. The fund contract of its first contractual real estate investment fund for qualified investors was approved by FINMA shortly thereafter, which involved the granting of a special permission by FINMA for the acquisition of a seed portfolio of real estate investments from within the Swiss Prime Site group on the basis of an additional valuation by an independent valuation expert.

Homburger advised Swiss Prime Site Solutions AG in regulatory, tax and corporate matters throughout the authorization and approval process. The Homburger team was led by partner Jürg Frick (Financial Market Regulation) and included partners Stefan Gäumann (Real Estate), Dieter Grünblatt (Tax) and Daniel Hasler (Corporate / M&A) and associates Manuel Baschung, Fabrice Eckert (Financial Market Regulation), Philippe Gobet (Tax) and Kevin Hubacher (Corporate / M&A).