Swiss Life Investment Foundation: opening of the “Real Estate Switzerland Retirement and Healthcare ESG” investment group

24 November 2023

Opening completed for the “Real Estate Switzerland Retirement and Healthcare ESG” investment group. Solid demand for investment opportunities in the “retirement and healthcare” sector led to inflows of CHF 76.6 million during the opening.

“Real Estate Switzerland Retirement and Healthcare ESG” investment group

During the opening of the real estate investment group from 4 October to 17 November 2023, the subscription volume of employee benefits institutions amounted to CHF 76.6 million. Both new and existing investors took part in the opening. This has increased the number of investors in the investment group to 200.

The entitlements will be issued on 5 December 2023. The capital from the opening will be used to purchase a recently completed age-appropriate residential property worth CHF 90 million. The “Real Estate Switzerland Retirement and Healthcare ESG” investment group focuses on investments in homes without inpatient care services, care facilities, retirement residences and healthcare properties in Swiss cities and their suburbs.

The investment group has a history of stable and positive performance in terms of both income and value. The selective expansion of the portfolio with its clear focus on quality has paid off: since its launch in 2017, the “Real Estate Switzerland Retirement and Healthcare ESG” investment group has posted a performance of 4.87% per year (as at 30 September 2023). In the current market environment, the investment group’s highly sought-after diversity of uses and long-term cooperation with reliable partners are reflected in an above-average occupancy rate of 98.6% (as at 30 September 2023). As at 30 September 2023, the investment group held a total of 14 properties with a market value of around CHF 500 million.

Stephan Thaler, Managing Director of the Swiss Life Investment Foundation, says: “The opening of the investment group was successful, despite the challenging market situation. The opening will allow us to make a further investment in a suitable property, which will continue the qualitative growth of the investment group and further stabilise its current income.”

Source: Swiss Life