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Intershop Holding Flags Handover of Properties to Swiss Investment Foundation

MT Newswires·11/13/2026 01:16:34
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01:16 AM EST, 11/13/2026 (MT Newswires) -- Intershop Holding (ISN.SW) intends to complete the handover of its fully developed properties to an unnamed Swiss investment foundation at the end of 2026, according to a Thursday release. The handover will include 264 renovated flats in high-rise buildings, 68 newly created flats, and a modern building constructed at the site of a former small local shopping center. The Swiss real estate company expects the transaction to generate between 90 million francs and 95 million francs of pre-tax net gains from property sales for full-year 2026.