SPA Real Estate Switzerland: Portfolio grows in eastern Switzerland
The Swiss Prime Investment Foundation reports a slightly higher investment return for the fourth quarter compared to the same quarter of the previous year and several acquisitions in the canton of St. Gallen.
The «SPA Real Estate Switzerland» investment group closed Q4 2025 with a cumulative investment return of 4.46% (Q4 2024: 4.27%). This figure is broken down into a cash flow return of 3.26% (Q4 2024: 3.44%) and a return on plan assets of 1.20% (Q4 2024: 0.83%). Acquisitions and project investments increased the fair value of the real estate portfolio from CHF 4.1 billion to CHF 4.5 billion.
In the 4th quarter, a development project in Brugg (AG) and three residential complexes in the canton of St. Gallen were acquired. The investment group sold eight smaller properties that reportedly did not meet the ESG criteria.
Purchases in Brugg, Rorschach, Tübach and Wittenbach
The acquisitions include the «Neue Galerie» project in Brugg. In addition to commercial space, the residential and commercial building also comprises a total of 40 apartments. In the canton of St. Gallen, the investment group purchased the properties Im Stadtwald 5 in Rorschach with 84 apartments, Im Bumert 1a+1b+2 in Tübach with 36 apartments and Ringstrasse 6-12 in Wittenbach with 32 residential units. The investment group sold properties in Langenthal, Oftringen, Trimbach, Zofingen and Würenlos.
