Our Real Estate expertise

Our Real Estate Team specialises in high value, complex real estate transactions including sale and lease back transactions, hotel and leisure projects and the development of former industrial sites.

We advise on:

  • Real Estate Transactions
  • Real Estate Leasing and Operations
  • Real Estate Finance and Investments
  • Real Estate Tax
  • Development and Construction
  • Environmental Law
  • Hotel and Leisure
  • Real Estate Litigation

The Real Estate team works seamlessly with our Tax, Banking, Finance & Regulatory and Dispute Resolution teams to provide the full service offering needed in large scale and cross-border real estate projects.


  • Counsel to Credit Suisse Asset Management (Schweiz) AG on a large number of real estate transactions
  • Counsel to INA Invest on the acquisition of a majority stake in CERES Group Holding Ltd (CERES) and contracts regarding the “Bredella” development project at Pratteln railway station and three ancillary properties in Pratteln and Aesch, Canton of Basel-Land
  • Advising and representing RUAG Real Estate AG and Nidwalden AirPark AG, both subsidiaries of RUAG Holding AG which is fully owned by the Swiss Confederation, on proceedings regarding the master plan for 90,000 sqm of land at Buochs Airport for the competence centre for airspace technology
  • Counsel to a consortium of Cellnex Telecom (listed on the stock exchanges of Madrid, Barcelona, Bilbao and Valencia), Swiss Life Asset Managers and Deutsche Telekom Capital Partners on the CHF 500m acquisition of Swiss Towers AG with a portfolio of 2,239 telecom towers in Switzerland from Sunrise Communications AG
  • Counsel to SIX listed Implenia AG in the acquisition, structured as a share deal, of a real estate portfolio and development unit of SIX listed Sulzer group
  • Counsel to AXA Investment Managers Schweiz AG, in litigation regarding total contractor agreement and defective construction works
  • Counsel to ZKB/Swisscanto on a large number of real estate transactions, contracts and litigation cases
  • Counsel to Schroder Investment Management (Switzerland) AG on the acquisition, as part of a 30 year sale & leaseback transaction, of the global R&D center from Syngenta AG in Stein (AG) and of a large office property located at Rue de Lausanne, next to Geneva-Cornavin railway station, from Credit Suisse AG
  • Counsel to BVK Personalvorsorge des Kantons Zürich on a wide range of complex legal issues in the development of a former industrial site proceedings and in connection with the construction of a major road construction project and expropriation proceedings
  • Counsel to Procimmo Swiss Commercial Fund II on the acquisition of a retail warehouse in Dierikon next to the Mall of Switzerland and properties in Kriens and Neftenbach as well as in a sale and rent back transaction of the properties of Landqart AG, a subsidiary of Fortress Paper
  • Counsel to Central Real Estate Basel AG, a consortium of Baloise and different Swiss pensions fonds in the acquisition of 160’000 sqm within the Klybeck site in Basel, one of Switzerland’s largest development site
  • Counsel in the context of several hotel acquisitions/sales, e.g.:
    • to SIX listed Schroder ImmoPLUS in the acquisition of the 4-star hotel Mövenpick in Lausanne
    • to Citychamp Dartong Group in the acquisition of the hotel Le Mirador Resort & Spa
    • to G.A.T.E.S., Hôteliers & Restaurateurs SA in the sale of 100 per cent of their shares to Gold Tree Basel Limited
  • Swiss counsel in the context of several international deals, e.g.:
    • on the sale of first class investment properties in Scotland and in London
    • in a large and complex acquisition of a first class investment property in Australia as part of a greater transaction in which the client sold another building by way of an asset swap

Deals & Cases


Fresenius sells a majority stake in Vamed’s rehabilitation business

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Smart Building & Industrial Services GmbH acquires Swibox Holding AG

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Andermatt Swiss Alps AG closes CHF 125m credit facility

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Awards & Rankings


NKF ranked top-tier firm in seven practice areas by The Legal 500 EMEA

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NKF ranked multiple times band 1 by Chambers Europe 2024

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Nineteen NKF lawyers listed as “Thought Leaders Switzerland 2023” by Who’s Who Legal

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Firm News


NKF expands its Real Estate practice with Fabiano Menghini joining as new partner

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Real Estate Law Review: Switzerland 2023

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Real Estate Law Review: Switzerland

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Real Estate Law Review: Switzerland

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Speaking Engagements


Liegenschaftskaufverträge / Mehrwertabgabe bei Immobilientransaktionen

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Mehrwertabgabe bei Immobilientransaktionen

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MWST beim Kauf und Verkauf von Anlageimmobilien

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