Credit Suisse Will Sell Zurich Buildings, SonntagsZeitung Says

Credit Suisse Group AG plans to raise as much as 500 million francs ($506 million) by the end of this year through the sale of buildings including its Uetlihof office complex in Zurich, SonntagsZeitung reported, without saying where it got the information.

The bank will continue to occupy the Uetlihof site as a tenant after the sale, the Swiss newspaper said.

To contact the reporter on this story: Leigh Baldwin in Zurich at lbaldwin3@bloomberg.net

To contact the editor responsible for this story: Mariajose Vera at mvera1@bloomberg.net

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