Swiss property manager launches first local real estate fund
Swiss real estate asset manager Helvetica Property Investors has announced the launch of the Helvetica Swiss Commercial real estate fund.
The first regulated Swiss property fund of the firm, recently approved by Swiss market regulator Finma, focuses on commercial buildings across Switzerland and includes a 30% bucket of residential properties.
The company targets qualified investors “whose investment policy is bound to strict qualitative investment criteria and guidelines”.
“The core of the investment strategy is in real estate outside of the sold-out city centre locations as well as properties which, while achieving attractive operating returns, remain potentially undervalued and could therefore benefit from the next cyclical boom” commented Hans Holdener, CEO and managing partner of Helvetica Property Investors.
The firm underlines that the Swiss real estate fund market currently has an average net asset value premium of over 30%.