TrustStone is a new real estate SICAV with a growing portfolio aiming to take advantage of the current swiss real estate market opportunities with a proactive management approach.
This product invests in Core-Plus, Value-Add and Opportunistic real estate providing attractive returns and/or significant capital gains such as :
Transactions can be made in :
The current portfolio of the SICAV consists of existing properties and one development project and its development focuses on the most dynamic areas of Switzerland (mainly in the Lake Geneva basin, Fribourg, Neuchâtel, Basel, Bern and Zurich). The target gross return is about 4,5%.
The fund’s investment flexibility and growth potential sets the case for a stock market listing in 3 to 5 years.
Swiss real estate funds/SICAV holding their real estate properties directly are subject to a priviledged income and capital gain taxation. Swiss investors (eg. investors taxable in Switzerland) therefore have no direct taxation: dividend distributions deriving from profits made on directly hold real estate investments are not subject to income taxes.
The initial portfolio is mainly located in urban areas of Western Switzerland. Over 77% of the fund’s residential portfolio is invested according to the main demographic trends (small flats with up to 3.5 rooms).
TrustStone Real Estate SICAV – Compartment Swiss Real Estate 1 (SRE1)
Real Estate Investment Fund under Swiss law (Real Estate SICAV)
Residential, commercial and mixed-use real estate in Switzerland
A minimum of 70% of the yearly net profit is distributed
June (2022 onwards)
Oct. 07, 2020
48 796 160
Max 1,20% of the NAV (Net Asset Value)
0.91% (as of 30.06.21)
Patrimonium Asset Management AG, Baar
CBRE SA, Genève
Wuest Partner AG, Zurich
PWC SA, Zurich
SOLUFONDS SA, Morges
Banque Cantonale Vaudoise, Lausanne