Deals & Cases

Walder Wyss assisted Goldman Sachs International Bank, London, on the establishment of a new Swiss residential mortgage business platform

2. Oktober 2019 – Walder Wyss assisted Goldman Sachs International Bank, London, on the establishment of a new Swiss residential mortgage business platform established by ELAN Suisse Hypotheken AG, a fully owned subsidiary of Swiss mortgage servicing firm, Avobis Group. The transaction is partnered by Switzerland-based mortgage broker, Moneypark. This is the first significant transaction of that kind in the Swiss residential mortgage origination space and is representative of a growing trend of non-Swiss capital providers investing in the Swiss mortgage market. Walder Wyss advised on all aspects of the transaction including regulatory and tax law matters.

The Walder Wyss team was led by Johannes A. Bürgi (Partner), Theodor Härtsch (Partner) and Thomas Meister (Partner) and further included Thomas P. Müller (Partner), Elisabeth Moskric (Counsel), Roger Ammann (Managing Associate), André Kuhn (Managing Associate), Valentin Wiesner (Associate) and Janine Corti (Counsel).