1291: AST completes capital increase

The «1291 Swiss Investment Foundation» completed a capital increase for its «Real Estate Switzerland» investment group in November 2025. A total of CHF 126.4 million in new capital was subscribed, of which around CHF 21.3 million came from the subscription of new entitlements from the dividend and CHF 105.1 million from direct subscriptions of new units. «With the strengthened equity capital, the Investment Foundation will continue to expand its real estate portfolio, which is strategically focused on residential use, in a yield-oriented manner,» AST announced. Guaranteed investment opportunities of around CHF 100 million currently exist, particularly for residential properties in Eastern Switzerland, Central Switzerland, the Central Plateau and Western Switzerland. With the further expansion of the residential quota in the portfolio, the 1291 Investment Foundation is aiming for a residential share of 65 to 70% (end of October: 64.8%). Furthermore, part of the inflow of funds is to be used for investments in the existing portfolio and to reduce the third-party loan-to-value ratio.

Capital call planned for December

At the end of October, the portfolio value of the «Real Estate Switzerland» investment group was around CHF 1.55 billion and that of the second investment group, «Sustainable Real Estate Projects Switzerland», was around CHF 121 million. A capital call is planned for the latter in the course of December to further finance the two new construction projects in Wil and Effretikon.