Allreal Holding AG, listed on SIX Swiss Exchange, has agreed to acquire several real estate companies in the western part of Switzerland from Immosynergies Holding Sàrl. The acquisition covers a high-end portfolio of investment properties with a total value of around CHF 500 million in addition to development properties with a total value of around CHF 210 million, representing a potential investment volume of more than CHF 700 million. Allreal is also buying the group’s general contracting division. The net purchase price for the entire transaction is expected to be around CHF 400 million, to be paid half in cash and half in Allreal shares. The Transaction is expected to be closed in the second half of October 2021, provided that various completion conditions will be met.