Privera AG takes over business activities of VERIT Immobilien AG

July 2024

With retroactive effect from 1 July 2024, Privera AG has fully taken over the business activities of VERIT Immobilien AG, a subsidiary of Avobis Group AG. All VERIT locations and employees will be integrated so that customers will continue to receive the same level of support as before.

The takeover of the activities of VERIT Immobilien AG enables a customised solution for the continuation of services at the highest level. Both clients and employees will benefit from the expanded range of services and the network of their parent company, the PHM Group. VERIT’s existing clients will continue to be looked after by their trusted mandate managers.

Continuity and quality assured
Andrin Waldburger, member of the Board of Directors of Avobis Group AG and VERIT Immobilien AG, emphasises that the sale of the business activities is the preferred solution for all parties involved. “The takeover will ensure that the services can be continued in the usual quality. The company has the necessary expertise and resources to offer our customers the desired service and to seamlessly continue all mandates in the existing system landscape.”

Strategic expansion and future orientation
Michael Stucki, CEO of Privera AG, adds: “The acquisition of the clients and employees of VERIT Immobilien AG is an important milestone in further expanding our position in the property sector and offering future-oriented solutions. The company is looking forward to opening a new chapter in the support of customers and their properties together with its new colleagues.”

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