Opening of investment group by issuing entitlements of up to around CHF 200 million. Attractive thematic investment group focusing on “Retirement and Healthcare” residential properties for Swiss employee benefits institutions with a market value of over CHF 700 million indexed solutions among the Swiss investment foundations.
The Swiss Life Investment Foundation is planning to open the “Real Estate Switzerland Retirement and Healthcare” investment group. Entitlements of up to around CHF 200 million will be issued as part of this opening. The new capital raised will be used for the targeted acquisition of additional properties, sustainable investments in the portfolio and to reduce the borrowing ratio. The subscription period will run from 16 January to 14 March 2025. The entitlements will be issued on 3 April 2025.
Portfolio successfully expanded in 2024
In December 2024, the investment group acquired one retirement residence in Frauenfeld and one in Ostermundigen for the aforementioned investment group. It therefore kept its strategic focus on care facilities and age-appropriate housing, which helped further diversify the portfolio.
The Friedau residence in Frauenfeld consists of four buildings with a total area of 9531 square metres and comprises 32 residential apartments and 73 nursing beds. The facility was built in 1991. The Mitteldorfpark senior centre in Ostermundigen has a total area of 10 925 square metres with 71 senior apartments, five senior rooms and 31 single care rooms. The facility was completed in 2009. Both properties have an excellent location, modern fittings and long-term focus.
Sustainable and focused investing
The “Real Estate Switzerland Retirement and Healthcare ESG” investment group invests in age-appropriate residential properties, care facilities, healthcare properties and institutions promoting health in Swiss cities and their suburbs.
The NAV-based investment group offers stable and positive performance in terms of both income and value. The selective and quality-oriented expansion of the portfolio has been successful: Since its launch seven years ago, the “Real Estate Switzerland Retirement and Healthcare ESG” investment group has generated an attractive annual return of 4.74% for around 200 investors (as at 30 September 2024).
The investment group benefits from a favourable diversified tenant mix and active lettings management. This is reflected in an above-average occupancy rate of 98.5% (as at 30 September 2024). As at the end of 2024, the portfolio contained 18 properties with a market value of around CHF 700 million.
Stephan Thaler, Managing Director of the Swiss Life Investment Foundation, says: ”with the opening of the investment group, we are offering a sustainable and future-oriented investment opportunity in real estate projects that address demographic trends and facilitate innovative living concepts for a self-determined life in old age.”
Responsible investing
Since 2018, Swiss Life Asset Managers has been a signatory to the UN Principles for Responsible Investment. Environmental, social and governance (ESG) factors are systematically integrated into the investment and risk management processes at Swiss Life Asset Managers. In the real estate investment business, appropriate criteria are taken into account when acquiring, developing and managing properties. The “Real Estate Switzerland Retirement and Healthcare ESG” investment group has participated in the GRESB sustainability benchmark analysis since 2020. The investment group has been awarded the Green Star every year. In 2024, the highest rating of 5 GRESB stars was achieved for the first time with a score of 91 out of 100, which is a very good result.
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