Global law firm Baker & McKenzie has advised Investis Holding SA, a leading residential property company and a national real estate services provider, on the listing of its shares on SIX Swiss Exchange following its initial public offering. Investis has raised CHF 148.4 million (USD$ 152.6 million) in gross proceeds from the offering, priced at CHF 53 per share. Investis, owns property, including serviced apartments, valued at CHF 857 million and also provides real estate services. The company, which employs 1,100 people, generated a net profit of CHF 45 million from revenues of CHF 157 million in 2015.

Announcing the IPO listing, Stéphane Bonvin, founder and CEO of Investis said, “We are delighted with the successful placement of our shares and the strong investor interest in our company. Swiss and international institutional as well as domestic private investors are convinced by our robust business model with the synergetic combination of our Properties and our Real Estate Services business lines. We welcome our new shareholders and look forward to building on the broader shareholder base for the further successful development of Investis.”

A Baker & McKenzie team from the firm's Zurich office advised Investis on this listing, led by Marcel Giger, Martin Furrer and Anette Waygood-Weiner and with support from Yves Mauchle and Petra Hanselmann.

Marcel Giger, co-chair of Baker & McKenzie's Capital Markets Practice Group in Zurich said, "It has been an honor to work on such a significant listing with the Investis team, which provides an excellent opportunity for Investis to further expand its activities in the Swiss market."