Julius Baer is expanding the real estate offering in Geneva from mortgage financing to brokerage services for private and commercial investment properties as well as for private residential real estate. Its subsidiary KM&P, an established real estate services provider, will develop the new services locally.
In November 2022, Damien Carénini started at the new KM&P location in Geneva as responsible for investment brokerage. Peggy Robillard will join on 1 March 2023 as responsible for residential brokerage. Both of them have longstanding experience in real estate with an in-depth knowledge of the local market and an excellent network in French-speaking Switzerland.
Roman Graf, Global Head Real Estate at Julius Baer said: "We are delighted that Julius Baer's subsidiary KM&P is establishing a presence in Geneva with two very competent brokers, Damien and Peggy. With our expansion into French-speaking Switzerland, we are implementing what we announced in 2021 when KM&P became part of the Julius Baer Group, acknowledging the importance of real estate as an asset class."
Sacha Bodenehr, head of the Geneva domestic business at Julius Baer, added: "These new real estate brokerage capabilities will add value for our local clients and further strengthen Julius Baer's offering in Geneva."
Julius Baer acquired Zurich-based real estate services provider KM&P in October 2021 to address the growing need of its clients for comprehensive real estate solutions in Switzerland.
The subsidiary KM&P is an integral part of Julius Baer's holistic real estate offering in Switzerland and acts as a strategic partner in the areas of brokerage of private and commercial investment real estate, brokerage of private residential real estate, property management, and real estate valuations.