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News Release

Zurich

JLL advised Credit Suisse on the sale of a prestigious property on Zurich’s Bahnhofstrasse


JLL, the leading global real estate advisory firm, yesterday successfully closed another notable real estate transaction on Zurich's Bahnhofstrasse. The sale of the property Bahnhofstrasse 30, with the main tenant „Brunschwig SA" together with its sub-tenant „LVMH (Louis Vuitton)", is in various aspects one of the most considerable transactions on Zurich's famous Bahnhofstrasse in recent years.

The landmark building with a total area of approximately 7,435 m² was built between 1912 and 1913 in a gothic style. It occupies a unique location and offers the opportunity for various commercial activities due to its separate retail entrance facing Paradeplatz.
 
„We are proud that we were approached to advise on probably the most considerable transaction on Zurich's Bahnhofstrasse in recent years. We were able to generate a very strong demand for this prime property as a result of our unique access to the most important real estate investors around the globe, thereby providing for a competitive transaction process with a heterogeneous investor mix," commented Jan Eckert, CEO of JLL Switzerland.

The JLL transaction team led by Jan Eckert and Patrik Stillhart included Daniel Häcki, Sabrina Läderach and John Woodger.

Credit Suisse AG / Credit Suisse Group AG

As an integrated bank, Credit Suisse AG ofexpertise in the areas of private banking, investment banking and asset management. Credit Suisse provides advisory services, comprehensive solutions and innovative products to companies, institutional clients and high-net-worth private clients globally, as well as to retail clients in Switzerland. Credit Suisse Group AG is headquartered in Zurich and operates with its subsidiaries in over 50 countries worldwide. The group employs approximately 45,100 people. Further information about Credit Suisse can be found atfers clients its combined  www.credit-suisse.com.

JLL

JLL (NYSE:JLL) is a financial and professional services firm specializing in real estate. With over 52,700 employees, JLL serves the local, regional and global real estate needs of its clients in more than 75 countries worldwide. Further information about JLL can be found at www.jll.ch.