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Cologny: Patek Philippe boss buys a 38 million villa

Thierry Stern, chairman of Patek Philippe, bought a villa for 38 million francs on chemin de Ruth in October.

⏱ 1 min read

Background

Chemin de Ruth, in Cologny, is known as one of the most sought-after addresses in Switzerland. Former tennis player Henri Leconte and billionaire Patrick Drahi have lived there.

The key points

Thierry Stern, chairman of Patek Philippe, bought a villa for 38 million francs on chemin de Ruth in October. The transaction was revealed by Geneva's official gazette, the Feuille d'avis officielle.

The seller is Thierry Halff, vice-chairman of the Maus Frères group, which owns Manor and Lacoste among others. Thierry Stern already owns several properties in Geneva, including the Auberge du Lion d'Or in Cologny.

Key figures

  • Price of the villa: 38 million francs.
  • Plot area: 5,628 square metres.
  • Buildings: two, totalling more than 500 square metres.

What's next

The sale was recorded in the official gazette of the canton of Geneva, which publishes property transactions.

Further reading

Sources

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