About Us

Paragon SA is a real estate firm which provides investment services to private and public equity vehicles focused on real estate and real estate-related endeavors principally in Switzerland. Paragon works with investment partners to identify, asset manage, and operate properties. We are a one-stop shop with expertise in finance, leasing, insurance, redevelopment, construction and building operations.

Paragon also specializes in tenant representation, third party asset management, and brokerage in commercial real estate. Paragon executives are multi-lingual and multi-national and benefit from an international approach to corporate culture combined with a local presence and expertise in local markets. In particular, through the experience of its chief executive, Paragon SA is able to transfer some of the successful approaches pioneered in the US real estate market to a European context.

Paragon's key strengths lie in distressed opportunities, underperforming and undervalued assets and value creation opportunities. Investments include single assets, portfolios, joint-ventures and real estate development, as well as real estate-related loans and debt instruments. We canvas retail, logistics, office, industrial, as well as senior and student housing opportunities.

Note from the CEO

« 2019 is upon us and will be another important year for Paragon SA. 

 Despite all the uncertainty and volatility in financial, political and real estate markets around the globe, we are excited about the prospects of continuing to grow our business both locally (Switzerland and France) and internationally (monitoring UK and Canada in particular for new opportunities to take advantage of a weakened currency in volatile but mature markets).  We do not have the luxury of a crystal ball, however, we assume that interest rates in Switzerland will remain negative and then increase moderately over the next 12 months.

Even in Switzerland we have our own political scandals and right wing-politics, yet Switzerland continues to attract significant inflows of foreign capital. This high net worth capital and that of our institutional investors is also allocated to core and core+ real estate and this continued interest keeps cap rates low and prices high.Despite the ever strong Swiss franc, manufacturers have enjoyed a good year, and there is a renewed confidence in the market as strong economic indicators show reasons for optimism in the Swiss market.

The Canton of Vaud has reduced its corporate income tax and capital gains tax to below 14% and that is putting increased pressure on its neighbours. Vaud is capitalizing on the opportunity to attract new entrants to the region, and Paragon has a wealth of experience in that Canton putting us in an excellent position for 2019 and beyond.

France Voisine is also continuing to grow exponentially with the anticipation of the tram arriving in Ferney Voltaire and St Genis, the CEVA in Annemasse, and the real estate arbitrage still extremely attractive for those courageous enough to invest in France.

In effect, by applying our asset management skills to creating value in real estate projects, we are able to acquire assets that are overlooked by competitors, and still deliver attractive returns to investors.  For example, last year’s acquisitions of two properties in Meyrin, and two projects in France Voisine, will be followed up with others so that we can leverage our presence and expertise in these niche markets around the airport in Geneva.

While we are not political animals and have nothing to add to the context of Trump, nor Brexit, nor rising populism around the globe, we cannot help but be affected by the mood shift and the economic consequences that come with the increased uncertainty.  Despite the challenging geo-political environment, we hope that our focus in our core markets and strategies allow us to continue to find value where others see risk." 

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