Broadly diversified real estate portfolio
The new Swiss Life Asset Managers real estate fund will invest in Core and Core Plus locations in major European cities, regional centres and their agglomerations. The focus of the investments will be on the European core markets of Germany, France, Austria and Benelux. Other important target regions include the United Kingdom, Scandinavia and southern Europe. Swiss Life Ltd intends to make an investment upon the launch, and thus remain committed over the long term.
Attractive investment opportunity in a low interest rate environment
Investments in European real estate generate attractive returns in the current low interest rate environment. They also have a low correlation to other asset classes. Swiss investors can use European real estate investments to significantly diversify their portfolios. Additional advantages include stable returns through rental income and potential inflation protection.
Europe’s largest institutional real estate investor
Swiss Life Asset Managers has successfully expanded its investment business with third-party clients in recent years. As at the end of June, assets under management totalled more than CHF 54 billion. Together with the investments of Swiss Life's insurance companies, Swiss Life Asset Managers has assets of over CHF 210 billion under management. With real estate in the value of around CHF 74.3 billion as at the end of June 2017, Swiss Life Asset Managers is Europe’s largest institutional real estate investor.1
1 PropertyEU, 100 Top Investors, 2015, 2017 and 2017
Fund information
Legal form | Contractual real estate fund under Swiss law |
Fund domicile | Switzerland |
Circle of investors | Qualified investors |
Investment period | Indefinite |
Fund currency | EUR |
Target volume at issue | Min. EUR 250 m |
Minimum subscription | EUR 250 000 plus issuing commission (2500 units) |
Payment date for securities subscribed | 30 November 2017 |
Payment under subscription | The payment under subscription is made in a maximum of five tranches from 30 November 2017 to 28 February 2019 |
Distribution | Annual |
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Target borrowing ratio | 20% |
Accounting year | 1 April to 31 March |
Fund management company | Swiss Life Asset Management Ltd |
Portfolio management | Swiss Life Asset Management Ltd |
Custodian bank | Credit Suisse (Switzerland) AG |
External auditors | PricewaterhouseCoopers Ltd, Switzerland |
Valuation expert | Wüest Partner AG, Switzerland |
As at: September 2017 1) The values indicated does not constitute a projection, forecast, promise or guarantee of future yield or the achievement of this target. The real estate fund described is not authorised for distribution to non-qualified investors in Switzerland and is thus exclusively for qualified investors within the meaning of the Swiss Federal Law on Collective Capital Investments (KAG). Comprehensive information on the fund can be found in the documents which form the legal basis for any investment. They may be ordered free of charge in electronic or printed form from the fund management company, Swiss Life Asset Management Ltd, General-Guisan-Quai 40, 8002 Zurich. The investment funds of Swiss Life may neither be offered nor delivered in the USA or to US nationals. This document was produced with the greatest of care and to the best of our knowledge and belief. However, we provide no guarantee with regard to its content and completeness. | |
Media contact
Media Relations
Tel.: +41 43 284 77 77
E-mail: media.relations@swisslife.ch
Investor Relations
Tel.: +41 43 284 52 76
E-mail: investor.relations@swisslife.ch