{"id":21703,"date":"2021-07-22T12:00:00","date_gmt":"2021-07-22T10:00:00","guid":{"rendered":"https:\/\/www.immo-invest.ch\/julius-baer-erweitert-immobiliengeschaeft\/"},"modified":"2021-09-14T11:27:31","modified_gmt":"2021-09-14T09:27:31","slug":"julius-baer-erweitert-immobiliengeschaeft","status":"publish","type":"post","link":"https:\/\/stage.immo-invest.ch\/en\/julius-baer-erweitert-immobiliengeschaeft\/","title":{"rendered":"Julius Baer expands real estate business"},"content":{"rendered":"

Julius Baer's<\/a> portfolio of real estate<\/span> services has so far focused on mortgage financing. Now the banking group wants to expand its offering in "this important asset<\/span> class", announced Julius Baer in a press release<\/a> . In the future, advice, brokerage, financing and structuring as well as related services for investment management, valuation and management of real estate<\/span> are to be offered.<\/p>\n

The banking group wants to implement these plans with partners and in cooperation with third-party providers. In a first step, Julius Baer will acquire 83 percent of the Zurich real estate<\/span> service provider KMP<\/a> , explains the banking group in the announcement. The current majority owner and CEO of KMP, Dominik Weber, is to set up a new real estate<\/span> unit for the banking group under the umbrella of Julius Baer. As a future minority owner, Weber will also remain Chairman of the Board of Directors of KMP, writes Julius Baer.<\/p>\n

In a further announcement<\/a> , the banking group is communicating its key figures for the first half of 2021. According to this, Julius Baer was able to increase net profit by 23 percent year-on-year to 606 million francs. The group’s assets under management increased by 12 percent to CHF 486 billion compared to the end of 2020.<\/p>\n

"We have successfully shifted our focus to sustainable profit growth and continuously strengthened the attractiveness of our performance<\/span> promise for existing and new customers", Julius Baer CEO Philipp Rickenbacher is quoted in the press release. According to her, the net profit is the highest half-year profit in the company's history.<\/p>\n","protected":false},"excerpt":{"rendered":"

Julius B\u00e4r erweitert sein bisher auf Hypothekarfinanzierungen beschr\u00e4nktes Angebot im Bereich Immobilien. Dazu erwirbt die Bankengruppe die Mehrheit am Immobiliendienstleister Kuoni Mueller & Partner (KMP). KMP-CEO Dominik Weber soll bei Julius B\u00e4r eine neue Real-Estate-Einheit aufbauen. <\/p>\n","protected":false},"author":2,"featured_media":21262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_surecart_dashboard_logo_width":"180px","_surecart_dashboard_show_logo":true,"_surecart_dashboard_navigation_orders":true,"_surecart_dashboard_navigation_invoices":true,"_surecart_dashboard_navigation_subscriptions":true,"_surecart_dashboard_navigation_downloads":true,"_surecart_dashboard_navigation_billing":true,"_surecart_dashboard_navigation_account":true,"inline_featured_image":false,"footnotes":""},"categories":[12481,12476],"tags":[12560,13279,13280,12564,13281,12525,12526,13282,13283,12528],"class_list":["post-21703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-en","category-immonews","tag-business-en","tag-hypothekarfinanzierung-en","tag-hypothenken-en","tag-immobilien-en","tag-immobiliengeschaeft-en","tag-immoinvest-en","tag-immonews-en","tag-julius-baer-en","tag-kmp-en","tag-news-en"],"acf":{"bild_mit_ki_erstellt_worden":[],"lead":"Julius Baer is expanding its real estate offering, which was previously limited to mortgage financing. To this end, the banking group is acquiring a majority stake in the real estate service provider Kuoni Mueller & Partner (KMP). KMP CEO Dominik Weber is to set up a new real estate unit at Julius Baer.","autor":"hs","ort":"Z\u00fcrich","bildunterschrift":"","bild_im_grid":false,"gallerie":null,"newsim":"","zusammenfassung":""},"featured_image_src":"https:\/\/stage.immo-invest.ch\/wp-content\/uploads\/2020\/07\/business_3-150x150.png","_links":{"self":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/posts\/21703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/comments?post=21703"}],"version-history":[{"count":0,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/posts\/21703\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/media\/21262"}],"wp:attachment":[{"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/media?parent=21703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/categories?post=21703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stage.immo-invest.ch\/en\/wp-json\/wp\/v2\/tags?post=21703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}