In spring of 2020, the investment group “Real Estate Switzerland Retirement and Healthcare” is to be opened with staggered capital calls of a total of up to CHF 200 million. This offering is for Swiss employee benefits institutions interested in investing in a segment with an excellent growth outlook.
The investment group “Real Estate Switzerland Retirement and Healthcare” was launched in December 2017. The first opening of the investment group took place in spring 2019. The funds were mainly used to purchase two first-class apartment buildings in Zurich’s Seefeld district. As at the end of 2019, the portfolio consisted of eight high-quality properties with a total value of around CHF 230 million. The investment group achieved a respectable net performance of 5.08 percent in 2019. The circle of investors currently consists of more than 170 investors.
A promising acquisition pipeline with new-build projects worth over CHF 200 million has also been integrated since the launch. The project pipeline is characterised by good geographic diversification and a balanced mix of age-appropriate apartments and care centres. The latter are managed by operators with a solid track record.
The subscription period for the opening runs from 2 to 20 March 2020. The first capital call is to take place in the second quarter of 2020. Subsequent capital calls will be aligned with current construction projects and additional acquisitions in phases through the end of 2022.
Stephan Thaler, Managing Director of Swiss Life Investment Foundation, says: “Our investment group 'Real Estate Switzerland Retirement and Healthcare' offers an investment opportunity in an attractive growth segment and well suited as a complement to existing Swiss real estate investments.”