- Client: International high-net-worth client with USD income
- Challenge: Cross-border financing for acquisition and redevelopment in Switzerland
- Loan Amount: Bespoke mortgage facility supporting circa 60% loan-to-value acquisition and redevelopment funding
An international high-net-worth client approached Enness seeking finance for the acquisition of a residential property in Switzerland. The client intended to acquire the property and undertake a substantial redevelopment project. The objective was to secure financing that could support both the acquisition and redevelopment while aligning with broader financial and tax planning objectives.
The transaction involved multiple layers of complexity. The client earned income in US dollars, held substantial liquid assets, and required borrowing secured against a Swiss asset in Swiss francs. Swiss franc-denominated debt was preferred due to the lower cost of borrowing relative to alternative currencies, alongside wider tax and wealth planning considerations.
Cross-border transactions of this nature are highly specialised. The case involved international income, foreign currency borrowing, property acquisition, and a major redevelopment strategy, all of which significantly reduced the pool of lenders able to participate. Many lenders are cautious when underwriting multiple layers of complexity within a single transaction, particularly where redevelopment risk forms part of the overall structure.
Enness identified a specialist lender capable of taking a holistic view of the client’s financial position, liquidity profile, and long-term objectives. A bespoke multi-stage financing structure was arranged, allowing the lender to support both the acquisition and redevelopment funding requirements under a single facility.
Financing was secured on highly competitive terms, with a structure designed to support both the redevelopment phase and long-term financing objectives. This provided the client with a clear funding strategy from acquisition through to completion of the redevelopment.
This case highlights the importance of specialist structuring in international finance. Where multiple jurisdictions, currencies, and asset strategies intersect, traditional lending solutions often fall short. By combining private banking relationships with cross-border structuring expertise, Enness delivered a tailored solution aligned with the client’s property ambitions and wider wealth strategy.
Disclaimer
This case study is anonymised and provided for illustrative purposes only. It does not constitute financial, legal, tax, or investment advice. Enness acts as a broker and not as a lender. All lending is subject to status, underwriting, valuation, and lender approval. Loan terms, pricing, and maximum loan-to-value ratios vary depending on individual circumstances, asset profile, and market conditions. Outcomes are not indicative of future results. Foreign currency borrowing carries exchange rate risk and may increase repayment costs. Independent professional advice should be sought before entering into any financial arrangement.
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Property values can fall as well as rise, and you may not get back the amount originally invested. Property investments can be illiquid and may take time to sell. Where borrowing is used, your property may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.
