{"id":14130,"date":"2023-04-26T16:21:44","date_gmt":"2023-04-26T14:21:44","guid":{"rendered":"https:\/\/paragon-sa.ch\/?post_type=transaction&#038;p=14130"},"modified":"2023-08-07T12:06:44","modified_gmt":"2023-08-07T10:06:44","slug":"new-acquisition-in-meyrin","status":"publish","type":"transaction","link":"https:\/\/paragon-sa.ch\/en\/transaction\/new-acquisition-in-meyrin\/","title":{"rendered":"Sale &#038; Leaseback : Watch Industry"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Sale &amp; Leaseback with Agenhor SA<\/h2>\n\n\n\n<p class=\"has-text-color\" style=\"color:#6a6b75\">Paragon continues to add to its portfolio with the latest acquisition of a property located at 6 Emma Kammacher, in Meyrin, Geneva. This latest sale and lease back transaction contributes to Paragon&#8217;s goal of acquiring and developing free-hold parcels located in the vicinity of the ZIMEYSA neighborhood where we have been very active over the last 10 years. The 3&#8217;000m2 parcel currently hosts a beautiful building of approximately 1&#8217;200 rentable meters, built and occupied by the watchmakers of Agenhor SA. The building was designed to be ultra-ecological, and extremely comfortable to encourage out-of-the-box thinking by tenants and has been a wonderful architectural success. <\/p>\n\n\n\n<p class=\"has-text-color\" style=\"color:#6a6b75\">The zone where it is located has been selected by the FTI (state of Geneva) to be densified for industrial\/commercial buildings, and it is possible to add over 8&#8217;000 meters of rentable area on the existing site in the future. Paragon has succeeded in doing another land-banking deal with a decent annual coupon, in a strategic location, and looks forward to adding more similar properties to its portfolio in the near future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paragon continues to add to its portfolio with the latest acquisition of a property located at 6 Emma Kammacher, in Meyrin, Geneva. This latest sale and lease back transaction contributes to Paragon&#8217;s goal of acquiring and developing free-hold parcels located in the vicinity of the ZIMEYSA neighborhood where we have been very active over the last 10 years. The 3&#8217;000m2 parcel currently hosts a beautiful building of approximately 1&#8217;200 rentable meters, built and occupied by the watchmakers of Agenhor SA. The building was designed to be ultra-ecological, and extremely comfortable to encourage out-of-the-box thinking by tenants and has been a wonderful architectural success.\u00a0<\/p>\n<p>The zone where it is located has been selected by the FTI (state of Geneva) to be densified for industrial\/commercial buildings, and it is possible to add over 8&#8217;000 meters of rentable area on the existing site in the future. Paragon has succeeded in doing another land-banking deal with a decent annual coupon, in a strategic location, and looks forward to adding more similar properties to its portfolio in the near future.<\/p>\n","protected":false},"featured_media":14134,"template":"","format":"standard","_links":{"self":[{"href":"https:\/\/paragon-sa.ch\/en\/wp-json\/wp\/v2\/transaction\/14130"}],"collection":[{"href":"https:\/\/paragon-sa.ch\/en\/wp-json\/wp\/v2\/transaction"}],"about":[{"href":"https:\/\/paragon-sa.ch\/en\/wp-json\/wp\/v2\/types\/transaction"}],"version-history":[{"count":5,"href":"https:\/\/paragon-sa.ch\/en\/wp-json\/wp\/v2\/transaction\/14130\/revisions"}],"predecessor-version":[{"id":15219,"href":"https:\/\/paragon-sa.ch\/en\/wp-json\/wp\/v2\/transaction\/14130\/revisions\/15219"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paragon-sa.ch\/en\/wp-json\/wp\/v2\/media\/14134"}],"wp:attachment":[{"href":"https:\/\/paragon-sa.ch\/en\/wp-json\/wp\/v2\/media?parent=14130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}