Swiss Prime Site acquires Lausanne office building

Swiss Prime Site is expanding its holdings in French-speaking Switzerland by purchasing a newly built, high-quality office building in Lausanne-West. 

Lausanne-West

This acquisition, which yields approximately CHF 4.75 mln (€5.0 mln) in annual net rental income (a 4.0% yield), is fully leased for an average of 20 years. 
Completed in 2023, the property is located in parkland setting with panoramic views of Lake Geneva and the French Alps. It offers 14,600 m2 of space, 1,000 m2 of outdoor space and is fully leased to over 15 well-known national and international tenants in the technology, defense, and research sectors.
The property is built to high sustainability standards. It uses district heating and generating a significant portion of its energy from rooftop solar panels, earning it a Minergie-P certification, one of the highest sustainability ratings in Switzerland. 
This acquisition aligns with Swiss Prime Site's ongoing strategy to acquire properties with total rental income of over CHF 17 mln (€18 mln) by early-mid 2026.
René Zahnd, CEO of Swiss Prime Site, said: “The acquisition of this property in the rapidly growing service cluster of Lausanne fits perfectly into our portfolio, which focuses on modern and centrally located properties. We are delighted to expand our portfolio in such a dynamic region boasting academic and technological excellency. The multitude of top tenants underlines the attractiveness of the region as well as the building for successful companies. We have now acquired around 50% of the targeted rental income – and at the expected attractive yields. Plus, we are in advanced talks regarding further properties.”
Lausanne is a highly desirable area for development in western Switzerland, demonstrated by its ongoing infrastructure improvements and construction projects. These include a new tramline (part of a large transportation initiative set to launch in late 2026), a new ice hockey stadium for Lausanne HC, an upgraded Lausanne-West railway station, and numerous new commercial and residential buildings.