Home / People / Dr Stefan Gerster
Portrait of Stefan Gerster

Dr Stefan Gerster, LL.M., MRICS

Partner
Certified Specialist SBA Construction and Real Estate Law

CMS von Erlach Partners Ltd
Dreikönigstrasse 7
P.O. Box
8022 Zurich
Switzerland
Languages German, English, French

Stefan Gerster is a partner with CMS Zurich since 2001. His practice focuses mainly on real estate law. He is the head of our internal practice group Real Estate & Construction.

Among the clients of Stefan Gerster are Swiss and foreign institutional real estate investors, companies with corporate real estate matters and individuals. He provides advice in real estate transactions, including acquisition and financing as well as the sale of real estate. In addition, he has many years of experience in portfolio transactions, investments in hotels, shopping and entertainment centres as well as real estate development projects.

In 1996 Stefan Gerster worked as a foreign associate in a major US law firm. He has been with CMS Zurich since 1991. He is one of the first lawyers to receive the title Certified Specialist SBA Construction and Real Estate Law.

more less

The real estate team at CMS focuses heavily on transactions, disputes and the development of shopping malls, hotels, retail buildings, offices and residential property. [...] Stefan Gerster advised Credit Suisse Investment Foundation on the development of Zurich-based Project Pergamin II, including handling the acquisition of land and the construction of the residential complex.

The Legal 500, Real estate and construction, Switzerland, 2019

Interviewees state that the highly-regarded Stefan Gerster is "very well known and has a good network." He gains particular recognition for his expertise advising investors on property purchase agreements. He is adept at handling transactions related to hotels, residential developments and leisure facilities.

Chambers and Partners, Real Estate, Switzerland, 2019

CMS is ‘driven by long-standing client relationships, which make for very effective collaboration’. The practice covers real estate transactions, developments, financing and litigation matters and packs a particular punch in assisting with hotel transactions, related management agreements and construction projects. The team advised Sunrise Communications on the sale of more than 2,000 telecommunication towers in Switzerland. Another key client is Swiss Prime Site, whom the group recently assisted with acquiring two campus facilities near Lake Geneva and in the Canton Valais per share deal. Team lead Stefan Gerster is recommended.

The Legal 500, Real estate and construction, Switzerland, 2018

Stefan Gerster has a market-leading reputation among commentators, with one lauding his "long-standing and broad expertise in Swiss real estate law," and adding that "he has a very pragmatic approach to resolving matters, advising clients so they have a solution," and has "an excellent network." He excels in real estate transactions, with expertise in relation to hotel and retail developments. He assisted Credit Suisse Anlagestiftung with the purchase of land and subsequent construction of a residential development in Zürich.

Chambers and Partners, Real Estate, Switzerland, 2018

“At CMS, Stefan Gerster and his team have extensive experience in hotel transactions and management agreements. Other recent work includes advising Acron regarding the acquisition of a shopping centre in St Gallen. Credit Suisse and SPS Immobilien are also clients.”

The Legal 500, Real estate and construction, Switzerland, 2015

Relevant experience

  • Advising Allianz Suisse regarding the acquisition of a development project concerning approx. 260 apartments in Winterthur.
  • Advising Allianz Suisse in connection with re-positioning and complete overhaul of an office building in the central business district of Zurich (approx. 14,000 sqm).
  • Advising the Pension Fund of the Canton of Zurich (BVK) in connection with the sale of the landmark building “Neue Börse” (Zurich), i.e. sale of a ground lease.
  • Advising Credit Suisse Investment Foundation in connection with the development and sale of a mixed-use residential, office, retail and hotel project in Zurich.
  • Advising Credit Suisse Investment Foundation regarding a portfolio transaction (asset swap) concerning nine commercial and residential buildings in seven cantons.
  • Advising co-owners of Sihlcity (a new “district” for shopping, residential, office, leisure), especially during the acquisition and construction phase and regarding ongoing operations.
  • Advising Swiss Prime Investment Foundation re acquisition of a start portfolio of 7 properties situated in 6 cantons and purchase of other real estate.
  • Advising investor regarding acquisition of a logistics building in the Canton of Aargau (distribution centre of a major Swiss retailer).
  • Advising a global IT company regarding the expansion of its Swiss offices (approx. 50,000 sqm, 3,000–4,000 additional work stations) at Europaallee near Zurich main station.
  • Advising investor regarding the acquisition of a new office building in Basel, used as a new headquarter of an international company.
  • Advising Swiss and foreign institutional investors in connection with the acquisition of properties in Switzerland, including commercial, logistic and hotel properties as well as sale & rent back transactions.
more less

Memberships & Roles

  • Zurich Bar Association (ZAV)
  • Swiss Bar Association (SAV)
  • Kammer der Fachanwälte SAV Bau- und Immobilienrecht
  • Royal Institution of Chartered Surveyors (RICS)
  • Swiss Circle
more less

Publications

  • CMS Newsletter Immobilien Änderung des Raumplanungsgesetzes (RPG), 03/2013
  • CMS Newsletter Immobilien Zweitwohnungen, 09/2012
  • CMS Newsletter Immobilien Erdbebensicherheit, 07/2012
  • CMS Newsletter Register-Schuldbrief, 07/2011
  • Der Reiz des Besonderen, Finanz und Wirtschaft, 07/2011
  • Institutionelle Investoren als Bauherren, Modulor Magazin, 02/2009
  • Leichtere Übertragung von Immo-Pakteten, Neue Zürcher Zeitung, 15/11/2005
  • Wie ein Abschluss per Handschlag, Immobilien Business, 06/2004
more less

Lectures list

  • Universität Zürich, CUREM (Center for Urban Real Estate Management am Swiss Banking Institute der Universität Zürich, (www.curem.ch), Themen „Immobilienkaufrecht“ und „Legal Due Diligence“ (seit dem ersten Lehrgang)
  • ACADEMY for Best Execution GmbH, various lectures
more less

Education

  • 2009 Member of the Royal Institution of Chartered Surveyors (MRICS)
  • 2007 Fachanwalt SAV Bau- und Immobilienrecht, Universität Fribourg
  • 1997 Master of Laws, LL.M., University of Miami, USA, School of Law
  • 1993 Anwaltspatent, Zürich
  • 1991 Rechtsstudium, Dr. iur., magna cum laude, Universität Zürich
more less
Get in contact with
October 2018
CMS European Real Es­tate Deal Point Study 2018
The European in­vest­ment mar­ket once again had a very strong year. At EUR 234 bn, total in­vest­ment volume was only 3% be­low the re­cord level seen in 2015. This fig­ure also rep­res­ents an in­crease of 7%...

Feed

17 June 2021
CMS Real Es­tate Glob­al Bro­chure
Glob­al­isa­tion, polit­ic­al tur­bu­lence, changes in urb­an liv­ing pat­terns, in­creased di­git­isa­tion, shift­ing con­sumer be­ha­viour and flex­ible work­ing are just some of the is­sues that are trans­form­ing the de­mands...
14 April 2021
CMS Switzer­land ranked by The Leg­al 500
Rank­ings of CMS Switzer­land in The Leg­al 500 EMEA 2021 edi­tion CMS Switzer­land is re­com­men­ded in 18 cat­egor­ies in this year's Europe, Middle East and Africa edi­tion of The Leg­al 500, pub­lished in April...
18 March 2021
CMS Switzer­land ranked in Cham­bers and Part­ners Europe Guide 2021
We are de­lighted to an­nounce that 13 of our law­yers across 9 prac­tice areas are re­com­men­ded in the Cham­bers and Part­ners Europe Guide 2021. The fol­low­ing law­yers from our of­fices in Zurich and Geneva...
15 January 2021
CMS ad­vises Deka on the ac­quis­i­tion of Pic­t­et's headquar­ters in Geneva
Zurich, 14 Janu­ary 2021 / Deka Im­mob­i­li­en has ob­tained a pur­chase con­tract for an of­fice build­ing in Geneva as part of a sale and lease­back trans­ac­tion with the private bank Pic­t­et & Cie Sa. The ac­quis­i­tion...
07 May 2020
The COV­ID-19-Or­din­ance Rent and Lease
The COV­ID-19-Or­din­ance Rent and Lease – Grace Peri­ods for Pay­ment Ar­rears Rent­al and leas­ing rates play an im­port­ant role in the crisis-re­lated li­quid­ity man­age­ment of com­pan­ies and private in­di­vidu­als...
15 April 2020
New rank­ings from "The Leg­al 500" for CMS Switzer­land
New rank­ings from "The Leg­al 500" for CMS Switzer­land CMS Switzer­land is be­ing re­com­men­ded in 16 cat­egor­ies in this year's edi­tion of The Leg­al 500, pub­lished in April 2020. We are par­tic­u­larly pleased...
12 March 2020
Top-Rank­ings for CMS Switzer­land by Cham­bers and Part­ners
Top rank­ings for CMS Switzer­land by Cham­bers and Part­ners CMS Switzer­land is de­lighted to an­nounce that 14 law­yers across 10 prac­tice areas have been re­com­men­ded in the 2020 edi­tion of Cham­bers and...
October 2019
CMS European Real Es­tate Deal Point Study 2019
A first glance sug­gests there were no ma­jor changes in the European in­vest­ment mar­ket in 2018, with the in­vest­ment volume be­ing roughly the same as in the pre­vi­ous year at around EUR 264bn. However...
23 June 2019
CMS Part­ner elec­ted as ex­pert com­mer­cial judge
Dr Stefan Ger­ster elec­ted as ex­pert com­mer­cial judge CMS von Er­lach Pon­cet AG con­grat­u­lates Dr. Stefan Ger­ster MRICS, cer­ti­fied spe­cial­ist in con­struc­tion and real es­tate law, SBA, on his ap­point­ment...
16 April 2019
CMS Switzer­land fur­ther im­proves its rank­ing with The Leg­al 500
CMS Switzer­land fur­ther im­proves its rank­ing with The Leg­al 500 We are de­lighted to an­nounce that CMS Switzer­land is be­ing re­com­men­ded in 12 cat­egor­ies in this year's edi­tion of The Leg­al 500, pub­lished...
20 March 2019
Glob­al Plan­ning/ Zon­ing/ Con­sent­ing Group
Plan­ning shapes every as­pect of our lives. The build­ings and en­vir­on­ments in which we live, work, shop, play and edu­cate the next gen­er­a­tion are all shaped by the plan­ning sys­tem. The con­struc­tion and...
07 March 2019
Top rank­ings for CMS Switzer­land by Cham­bers and Part­ners
Top rank­ings for CMS Switzer­land by Cham­bers and Part­ners CMS Switzer­land is de­lighted to an­nounce that 14 law­yers across 10 prac­tice areas have been re­com­men­ded in the 2019 edi­tion of Cham­bers and...