Addition isn’t just for maths – addition can also create synergies, pool knowledge and optimise customer benefits. In early 2022, the addition of Swiss Prime Site Solutions and Akara resulted in a single company. Officially completed in mid-2022, this successful merger represents the next stage in real estate management.
Joint forces and sustainable growth
Swiss Prime Site Solutions, founded in 2017 as a Swiss Prime Site group company, has set itself the target of becoming the leading independent real estate asset manager in Switzerland. It has been making steady progress, with a focus on exceptional performance. «Five years later, we can look back with pride on what we have achieved. We currently manage assets of over CHF 7.3 billion», says Anastasius Tschopp, CEO of Swiss Prime Site Solutions. With CHF 2.3 billion in assets under management, the Akara Group has made a significant contribution towards this growth since it was acquired on 1 January 2022. The next milestone followed on 9 August 2022: the FINMA-approved merger of the two fund management companies. «This additional expertise enables us to provide the entire real estate value-creation cycle – from development, owner representation and execution to portfolio management – in-house at Swiss Prime Site Solutions», adds Tschopp. This makes it unique within the Swiss real estate asset management sector. The range of services includes real estate funds, asset management and business administration, along with mandates in the field of real estate asset management advisory.
Synergies and plenty of potential
Swiss Prime Site Solutions has separate teams for each real estate investment solution and fund. These teams manage the products of the Swiss Prime Investment Foundation (SPA), two investment funds for qualified investors and individual real estate services for institutional clients. Regulation by FINMA, the issuer of our fund licence, along with the configuration of our products – separated by Chinese walls – ensure the independence of the various teams and guarantee fair market competition. At the same time, this structure promotes dialogue on market conditions as well as knowledge transfer, and promotes top performance in all areas. New responsibilities and functions have already been established following the merger of the two companies, based on a mutual willingness to learn and process optimisation – the «best of both worlds». In the first half of 2022, Swiss Prime Site Solutions was able to reduce rental default rates, achieve above-average investment returns and increase market penetration. The companies’ shared conception of culture and strong entrepreneurial spirit were key. In short, the merger has been an absolute win-win from the very outset.
The Swiss Prime Site Solutions magic formula
Among the USPs of Swiss Prime Site Solutions are the many years of experience and in-depth expertise of its employees and management team. Anastasius Tschopp: «Our personal, property-focused approach to management sets us apart from other real estate asset managers. That’s our trump card.» The lean organisational structure and flat hierarchy offer every member of staff a platform to contribute their ideas. All in all, it’s the perfect formula for innovative, sustainable investment solutions for our customers and for reaching the next level in real estate asset management.
«Our personal, property-focused approach to management sets us apart from other real estate asset managers. That’s our trump card», says Anastasius Tschopp, CEO Swiss Prime Site Solutions.
