Akara Swiss Diversity Property Fund PK
Akara Swiss Diversity Property Fund PK is available for you to invest in as a tax-exempt pension fund registered in Switzerland as well as a tax-exempt social insurance and compensation fund. You can also invest as an investment fund if your investor base consists solely of tax-exempt pension funds registered in Switzerland. The shares are valued at net asset value (NAV), which reduces volatility and means they cannot trade at a premium or discount. It aims to achieve a steady and attractive distribution, long-term value growth and broad diversity.
By integrating the real estate services of the Akara Group, we cover the entire value-added cycle of real estate with our in-house specialists - from development, client trusteeship and realisation to portfolio management and property management.
Investment strategy
The Akara Diversity PK invests in existing properties (min. 80%) as well as in development and construction projects (max. 20%) with a residential and commercial investment strategy (50%, ±15 percentage points) throughout Switzerland. The properties are predominantly held directly.
Your advantages at a glance
Generic advantages of real estate funds and investment foundations in one investment vehicle:
- NAV-based unit price - characteristics corresponding to a directly held real estate portfolio
- Low volatility - as there is no organised unit trading (no premiums / discounts)
- Good tradability - thanks to the possibility of trading directly between investors
- Tax optimisation - as there are no capital and profit taxes at fund level
- Dilution protection - thanks to subscription rights in the case of issues
- Possibility of contributions in kind - without subscription rights on the newly issued units
- Redemption right at NAV - protection against total loss of units
- No obligation to cooperate on the part of investors - due to FINMA's guarantee of compliance with the fund contract
- CISA regulation - as highest investor protection and best transparency
- No experiments in investment strategy with the motto "continue to develop what is tried and tested
- Exemption provisions to take advantage of market opportunities
Fund Facts
| Fund name | Akara Diversity PK (Akara Swiss Diversity Property Fund PK) |
|---|---|
| LEGAL FORM | Contractual real estate fundfor qualified investors (Art. 25 et seq. CISA) |
| Valor / ISIN | 33 349 032 / CH033 349 032 1 |
| Launch | 25.10.2016 |
| Fund Term | Indefinite |
| Appropriation of income | Distributing |
| FUND MANAGEMENT | Swiss Prime Site Solutions AG (FINMA regulated) |
| AUDITING COMPANY | KPMG AG, Zurich |
| Valuation expert | PricewaterhouseCoopers AG, Zurich |
| Custodian Bank | Banque Cantonale Vaudoise (BCV), Lausanne |
| INVESTORS | Qualified investors pursuant to Art. 10 para. 3 CISA in conjunction with Art. 4 para. 3-5 FIDLEGI. Art. 4 para. 3-5 FIDLEG I. e. S. domiciled in Switzerland:
|
| reference currency | CHF |
| Benchmark Fund platform | KGAST Immo-Index Mixed Swissfunddata: Link
The fund’s price data published on Swissfunddata does not represent actual market prices. Rather, it shows the forecast change in the Net Asset Value (NAV) since the last NAV calculation. The NAV is calculated at the end of the financial year and whenever units are issued. The forecast NAV incorporates the anticipated and projected changes in the value and income of the properties held in the fund. |
| Accounting year | 1 January to 31 December |
| NAV calculation | As at the end of the financial year or upon the issue of new shares |
| Tradability | The Fund is not listed on any stock exchange and there is no market making. Provided a potential buyer meets the investor criteria, the Fund units may be traded directly between investors at a mutually agreed unit price. |
| Redemption of shares | At the end of the financial year, subject to a notice period of 12 months |
| last management fee | 0.34% (max. 1.00% according to fund contract) |
| Last issue commission | 1.30% (max. 5.00% according to fund contract) |
| Last incidental fee | 0.50% (max. 2.80% according to fund contract) |
| Ø Target TER (GAV) | 0.40 – 0.60% |
Key figures annual report
(audited, 31.12.2023)
Estimated return on investment
Forecast
Download
Return on investment
2.63%
Fair value
2963 mn
Agio
n.a.
Portfolio
(31.12.2023)
Number of properties
159
Wault
4.11 years
Objects
Sustainability
Our sustainability approach
The fund management pursues the goal of net-zero CO2 of the portfolio by 2050 with regard to heat and electricity supply. The aim is to comply with a CO2 reduction pathway that corresponds to the 1.5 degree target of the Paris Climate Agreement and the net-zero target set by the Swiss Federal Council by 2050.
The fund management company pursues ESG integration as a sustainability approach and strives for a sustainable investment policy. When selecting and managing investments, environmental (E) and social (S) criteria as well as aspects of responsible corporate governance (G), the so-called ESG criteria, are given appropriate consideration in all phases of the property investment process (acquisition of existing properties, project developments, construction, conversion and refurbishment projects, portfolio and asset management).
Ratings
Global Real Estate Sustainability Benchmark (GRESB)
Swiss Prime Site Solutions participates annually in the assessment for the Global Real Estate Sustainability Benchmark (GRESB) with the Akara Diversity PK.
REIDA
The non-profit association REIDA (Real Estate Investment Data Association) has developed a standard for determining the most important environmentally relevant key figures in the property sector. According to this REIDA standard, benchmarking was carried out in 2023 with almost 5,000 existing properties and around 60 property portfolios.
Swiss Prime Site Solutions took part in the assessment for the Real Estate Investment Data Association CO2 benchmark (REIDA CO2 benchmark) for the first time in the second half of 2023 with the Akara Diversity PK. The aim of this benchmark is to create a transparent, nationwide comparison and points of reference for measuring the CO2 emissions and CO2 intensity of investment properties.
Principles for Responsible Investment (PRI)
The survey for reporting the UN Principles for Responsible Investment (UNPRI) also took place in the second half of 2023. These six principles are a voluntary and aspirational set of investment principles that incorporate potential measures on ESG issues into investment practice. Due to their growth over the last 15 years, the PRI have become one of the most important investor initiatives for responsible investment.
Issues
Monday, 11 November until Friday, 29 November 2024
Downloads (only available in German)
Various documents
Reports
| Semi-annual reports (as at 30.06.) | Annual reports (verified, as at 31.12.) | |
|---|---|---|
| 2024 | 30.06.2024 | |
| 2023 | 30.06.2023 | 31.12.2023 |
| 2022 | 30.06.2022 | 31.12.2022 |
| 2021 | 30.06.2021 | 31.12.2021 |
| 2020 | 31.12.2020 | |
| 2019 | 30.06.2019 | 31.12.2019 |
Factsheets
| 31.03. | 30.06. | 30.09. | 31.12. | |
|---|---|---|---|---|
| 2024 | 31.03.2024 | 30.06.2024 | ||
| 2023 | 31.03.2023 | 30.06.2023 | 30.09.2023 | 31.12.2023 |
| 2022 | 30.09.2022 | 31.12.2022 |
Board of directors
Team
Client Relations
Asset Management
Acquisition & Sales
