After a first half marked by a cautious mood, with only CHF 830 million traded on the market, the third quarter was clearly more dynamic, with investment volumes reaching CHF 730 million. This figure is close to the third quarters of 2020 and 2021, two record years for the Geneva investment property market.

The key highlight of this quarter is the strong comeback of institutional investors, who accounted for 64% of completed transactions and 84% of total invested volume. In this context, the average deal size stands at CHF 22.8 million, and just over 70% of the volume was invested in residential properties.

In terms of major deals, the market was driven by the acquisition of two office buildings in Lancy and Versoix by a listed real estate company for approximately CHF 150 million, as well as the acquisition by a investment foundation of two residential buildings in Meyrin for around CHF 98 million.

With further Swiss National Bank key rate cuts expected and strong liquidity flowing into the market given the numerous capital increases by real estate funds, there is every reason to believe that the last quarter will also be very dynamic.