Raiffeisen Futura Fund buys residential portfolio

The Raiffeisen Futura Fund acquired five properties as part of a portfolio transaction in October. The purchase prices stated in the individual announcements total CHF 68.8 million.

According to the fund management company Verit, the following properties are involved:

• Maur-Binz (ZH), Zürichstrasse 244-246: The property comprises two apartment buildings with 30 apartments and 31 parking spaces. The buildings were constructed in 1966 and partially modernized between 1995 and 1997. The investment volume amounts to around CHF 16.4 million.
• Burgdorf (BE), Bahnhofstrasse 57-59. The property, which dates back to 1955, was partially modernized between 2017 and 2025 and is said to be in a «solid» condition overall. It comprises twelve apartments, around 785 square meters of office space and 642 square meters of catering space. The investment volume amounts to around CHF 8.5 million.
• Elgg (ZH), Hertenstrasse 15/17a/17d. The development was built in 1969 and comprises a total of 29 apartments and 38 parking spaces. Apart from the renovation of the heating system in 2002, no major renovations have been carried out in recent years. «There is currently a certain amount of rental potential that can be realized over the next few years as part of a comprehensive refurbishment,» it says. The investment volume amounts to around CHF 12.8 million.
• Münchwilen (TG), Buchenacker 22-28/Unterer Buchenacker 7 The fully rented development consists of several apartment buildings with a total of 44 residential units and 55 parking spaces. The buildings were constructed in 1994 and are said to be carefully maintained. In the medium term, it is planned to replace the fossil fuel heating system and to exploit rental potential. The investment volume amounts to around CHF 22.6 million.
• Staufen (AG), Aarauerstrasse 29 The property was built in 2018 and is reportedly in very good condition. It comprises a total of 15 small apartments, 26 parking spaces and 300 square meters of catering space. Heat is supplied by a heat pump system. The investment volume amounts to around CHF 8.5 million.