UBP and RMG close an exclusive private markets transaction (2024)

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30.03.2023

UBP and RMG have sourced and co-advised a consortium of institutional investors and families on a transaction involving buildings leased to Hôpital de La Tour as part of a sale and leaseback agreement.

  • UBP and RMG co-advised on the structuring of the sale and lease-back of the Hôpital de La Tour buildings.
  • Via this operation UBP and RMG were able to offer a unique club-deal opportunity to a select group of institutional investors and families.
  • This transaction will also facilitate the financing by the investors of Hôpital de La Tour of a major healthcare campus in Meyrin, Geneva.

Hôpital de La Tour, located in Meyrin, Geneva, is the largest stand-alone hospital operator in Switzerland and the number one full-service private hospital in Geneva in terms of beds. The buildings consist of approximately 21,000 sqm of total rentable area servicing approximately 400,000 outpatient visits and 8,000 inpatient admissions per year.

Union Bancaire Privée, UBP SA (“UBP”) and The Risk Management Group (Suisse) S.A. (“RMG”) were able to obtain exclusive rights to this transaction. Together the two institutions assembled a limited number of pension funds, institutional clients and family offices from French-speaking Switzerland to partake in the transaction that was agreed at CHF 500 million.

“With this operation we have been able to set a stable rate of returns for our investors while providing the financing of a key healthcare project for Geneva. We are particularly pleased at the opportunity for an investment so close to home.”

Brice Thionnet, UBP’s Global Head of Private Markets

“We are proud to have sourced an exceptional asset and executed a complex transaction under very demanding time constraints. The seamless collaboration between UBP’s Private Markets Group and RMG’s team resulted in a successful and very attractive opportunity for our investors. We look forward to being part of this exciting healthcare project,” stated Jean-Guillaume Pieyre, Founder and CEO of RMG.

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