Realstone: Residential investment group with strong growth
The "Residential Real Estate Switzerland" investment group is carrying out a capital increase for a newly acquired portfolio and additionally secured properties.
The Realstone Investment Foundation has acquired a portfolio of six properties with a total market value of CHF 77.16 million for the Realstone Residential Real Estate Switzerland (RIRS) investment group. At the same time, a further portfolio with a volume of CHF 48.45 million was secured and is scheduled to be signed by the end of 2025. A capital increase will take place from September 1 to 26 to finance the investments.
The newly acquired portfolio comprises four residential properties, one mixed-use property and one commercial property. With a total of 163 apartments on 7,501 sqm and 845 sqm of commercial space, the majority of the income is generated from residential use. The commercial property is a serviced apartment complex with a total of 91 units for temporary stays. According to the information provided, two of the six properties, built in 2014 and 2020, contribute to the rejuvenation of the portfolio. The annual target rental income amounts to CHF 3.1 million.
Portfolio grows to 480 million francs
With the completion of this transaction, the RIRS portfolio now comprises 40 properties with a total market value of CHF 479.4 million. Since December 31, 2024, this corresponds to an increase of eleven properties and an increase in value of CHF 123.2 million or 34.6%. The target rental income has risen by CHF 37.6% to CHF 19.5 million. A total of 86% of income comes from Western Switzerland, of which 80% is from residential use.
The portfolio mentioned above, which has already been secured, has an expected target rental income of CHF 1.88 million with properties in Geneva, Renens (VD), La Tour-de-Peilz (VD), Villars-sur-Glâne (FR) and Martigny (VS). (aw)
