SFP AST wins PK Copré for investment group
The Pension Fund of Western Switzerland is transferring its portfolio of almost CHF 1 billion to the SFP Investment Foundation.
The SFP Investment Foundation is planning to create a new, exclusive single-investor investment group for the Copré pension foundation. Copré is transferring a real estate portfolio with an initial equity capital of just under CHF 1 billion.
"The partnership represents a milestone for both parties and is one of the largest real estate transactions in the Swiss pension fund market in recent years," says Alexander Vögele, Chairman of the Board of Trustees of SFP Investment Foundation. The contributed portfolio consists of around 70 properties in 16 Swiss cantons, mainly residential properties, supplemented by commercial properties. The portfolio will be transferred to the newly created investment group at the beginning of 2026.
"This mandate is a major step in the development of our investment foundation," says Adrian Murer, CEO of Swiss Finance & Property Group AG. The SFP Group manages a total of over CHF 12.0 billion in assets and is one of the largest independent real estate asset managers in Switzerland.
Copré ("La Collective de Prévoyance"), based in Carouge, is a semi-autonomous Swiss pension fund for small and medium-sized companies that was founded in 1974 under a different name by Schweizerische Volksbank. After this was absorbed by Credit Suisse, the pension fund became independent under the Copré brand in 1998. According to the information provided, Copré focuses on broad diversification in the real estate sector throughout Switzerland with a stable earnings base and a cautious leverage strategy. Together with SFP, the aim is to continuously improve energy efficiency and reduce CO₂ emissions. (aw)
