AST Swiss Life: Opening of «Commercial Real Estate Switzerland» oversubscribed
The issue volume of around CHF 150 million was reportedly significantly oversubscribed. The investment group focuses on mixed-use properties in central locations.
According to the Swiss Life Investment Foundation, the opening of the «Business Real Estate Switzerland ESG» real estate investment group, which was held from August 26 to October 24, met with great interest from employee benefits institutions. The targeted volume of around CHF 150 million was «significantly oversubscribed», according to Swiss Life Asset Managers. The newly raised capital will be used to reduce the debt ratio and for acquisitions.
The investment group invests directly in commercial properties with a focus on centrally located office properties and retail properties. In particular, the portfolio contains mixed-use properties with retail, office and residential use, which are typical of inner-city locations in busy pedestrian zones with good accessibility. A share of 13% of income is attributable to residential use within mixed-use properties.
The performance as at the end of the financial year (September 30) amounted to 4.34%. As at the end of September 2025, the investment group held 104 properties with a market value of around CHF 2.6 billion. (aw)
