Artisa Real Estate AG acquires EDDC SA
19 April 2018 – On 17 April 2018, Artisa Real Estate AG, in Zug, acquired EDDC SA, in Geneva. The investment amount exceeded CHF 20 mio. Following two acquisitions in Zurich, Artisa Real Estate AG continues its expansion strategy in Switzerland in the micro apartment sector. Micro Living Developer AG, an affiliate of Artisa Real Estate AG, will develop the property owned by EDDC SA at Rue du Rocher in Lausanne in micro apartments.
Walder Wyss Ltd. has advised Artisa Real Estate AG on the transaction. The team was led by Davide Jermini (Partner Lugano, M&A) et Alexandre Both (Partner Lausanne, M&A) and included Robert Desax (Managing Associate, Tax) and Grégoire Henriod (Associate, M&A).