UBS to put 19 branches up for sale across Switzerland
Properties and individual floors will be available for sale in various locations, including Locarno, Glarus, Einsiedeln, and Martigny.
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Listening: UBS to put 19 branches up for sale across Switzerland
As part of consolidating its branch network, UBS is putting 19 former branch properties up for sale across Switzerland.
UBS’s Real Estate Advisory team has been given the responsibility of managing the sales, a bank spokesperson confirmed on Friday, verifying reports from the financial blog Inside Paradeplatz. “As we’ve already mentioned, we’ll be closing duplicate branches and keeping the best ones,” the spokesperson said.
According to excerpts from the sales brochure published by the German-speaking blog, properties and individual floors will be sold in various locations such as Locarno, Glarus, Einsiedeln, and Martigny. They can be purchased individually or as a “package” (a partial or full portfolio).
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