A mixed-use building in the center of Geneva.
Description
The building is in need of repair.
The cost of the property is CHF 110,000,000.
The absolute annual income is CHF 1,100,000.
The current yield is 1,0%.
The building is located in the center of Geneva.
Geneva is the capital of the eponymous French-speaking canton and the administrative center of the eponymous commune.
The population of Geneva is more than 200,000 people (the 2nd largest city in the country). The number of the Greater Geneva agglomeration is 915,000 people.
In 2014 Geneva was named the best city to live in.
There are headquarters of numerous international organizations in the city: the United Nations European Office, the Red Cross, the WTO, WHO, CERN.
Geneva is the 15th most important global financial center and ranked 3rd in terms of purchasing power in the world ranking of cities.
International companies such as Japan Tobacco International, Mediterranean Shipping Company, Gunvor, Vitol, Merck Serono, SITA, SGS, STMicroelectronics and Weatherford are headquartered in Geneva.
Many other multinational companies such as Caterpillar, DuPont and Cargill have their international headquarters in Geneva.
European headquarters of such companies as Take-Two Interactive, Electronic Arts, Invista, Procter & Gamble and Oracle are also located in Geneva.
Geneva is served by Swiss state railways and an international airport.
