Tag: Anlagegruppe

  • Zurich Investment Foundation increases real estate funds

    Zurich Investment Foundation increases real estate funds

    Zurich Investment Foundation has completed a capital increase for its Immobilien Wohnen Schweiz investment group with new capital of CHF 250 million, which was launched in mid-July, Zurich Invest AG announced in a press release. The subsidiary of the Zurich Insurance Group is responsible for the management of the investment foundation. The new funds are to be used to purchase a property in Zurich where a construction project has already started and six fully rented residential buildings in Lucerne.

    In the project in Zurich, three residential buildings with a total of 269 apartments are being built on Austrasse. According to the statement, the buildings should meet the requirements of the gold level of the Swiss Sustainable Building Standard. According to her, the six newly built apartment buildings with a total of 61 apartments in the canton of Lucerne are also sustainable development.

    Residential properties throughout Switzerland with a value of almost 3 billion Swiss francs are pooled in the investment group Immobilien Wohnen Schweiz, Zurich Invest explains. The portfolio is "well diversified in terms of size, age structure and geographic distribution".

  • AST Swiss Life opens two investment groups

    AST Swiss Life opens two investment groups

    Swiss pension funds can invest in high-quality Swiss properties from AST Swiss Life from February 1 to March 31. The investment foundation is planning to open up its two investment groups, Real Estate Switzerland and Commercial Real Estate Switzerland, worth around CHF 500 million. Payment will be made on May 5th.

    According to a press release , the capital is to be used to reduce the debt capital ratio, to purchase further properties, to implement new construction projects and for ongoing investments in the portfolio.

    The focus of the Real Estate Switzerland investment group is on residential properties in Swiss cities and agglomerations. The Swiss Commercial Real Estate investment group invests in commercial properties with stable returns and stable values in central locations. Both also hold shares in the Glatt shopping center in Wallisellen. Since their launch, both have had “an appealing performance” of 5.63 and 5.10 percent per year, respectively. In addition, the occupancy rate of more than 97 percent is above average for both of them.