This product will invest in residential as well as commercial real estate alongside opportunities with an ideal 50/50 distribution, targeting an average gross return above 4.5%.
The Sicav’s portfolio willl be constituted of existing assets and construction projects geographically positioned in Switzerland’s most dynamic geographical areas (Lake Geneva area, Fribourg, Neuchâtel, Basel, Berne, Zurich mainly).
The products’ opportunitistic strategy will enable a faster deployment.
Launch is planned October 7, 2020.
Swiss real estate funds holding their real estate properties directly are subject to income and capital gain taxation. Swiss investors (eg. investors taxable in Switzerland) in the fund therefore have no direct taxation: dividend distributions deriving from profits made on directly hold real estate investments are not subject to income taxes.
Initial portfolio is allocated in Western Switzerland’s urban areas. 75% of the fund’s residential portfolio is invested alongside demographic trends in small objects (2-3 rooms apartment typology).
Truststone Real Estate SICAV – Compartment: Swiss Real Estate 1
A minimum of 70% of yearly net profit is distributed
Residential, commercial and mixed real estate
7 October 2020
Sept. 22 – Oct. 02 2020
48 796 160
Swiss Real Estate fund (real estate SICAV)
Patrimonium Asset Management AG
CBRE SA, Genève
Wuest Partner AG, Zurich
PWC SA, Zurich
Independent Board of Directors
Banque Cantonale Vaudoise