Swiss Prime Site Solutions Investment Fund Commercial

The Swiss Prime Site Solutions Investment Fund Commercial invests directly in commercial properties across the whole of Switzerland. The investment focus is on broad diversification, high cash flow stability and economically established locations. Asset allocation is primarily focused on the office, commercial and retail usage types. The fund, with about CHF 435 million in assets, launched on 17 December 2021.

The Swiss Prime Site Solutions Investment Fund Commercial pursues the goal of achieving an attractive, sustainable dividend payment. The investment vehicle is open to qualified private investors and institutional clients.

Products

The investment focus is on broad diversification, high cash flow stability and economically established locations. The properties mostly fall within the office, commercial and retail types of use.

Core+

  • Focus on commercial real estate in attractive locations («AB-BA» approach) in Switzerland
  • High level of tenant diversification with high credit rating and reputation
  • Mainly sole ownership
  • Potential for value growth through portfolio development
  • Stable cash flows with low vacancy rate

 

«With the Investment Fund Commercial, we are offering you an attractive investment in prime locations and first-class properties with an optimally balanced risk/return profile in customary Swiss Prime Site quality.»

 


Fund Facts

Fund name

Swiss Prime Site Solutions Investment Fund Commercial

Valor / ISIN113 909 906 / CH1139099068

Appropriation of income

Distributing

Fund TermIndefinite
Legal FormContractual real estate fund for qualified investors (Art. 25 ff. KAG)

Property

Properties are held directly, which provides a tax advantage for investors subject to taxation

Custodian bank

Banque Cantonale Vaudoise

Permanent valuation expert

PricewaterhouseCoopers AG, Zurich

Portfolio & asset management

Swiss Prime Site Solutions (FINMA regulated)

Tradability

Daily trading via OTC (on BCV or Lienhardt & Partner Zurich

Redemption of fund unitsAt the end of the financial year subject to a notice period of 12 months

Accounting year

1 October to 30 September
Fund currency

CHF

Planned fund volumeCHF >1 bn

Key figures annual report
(audited, 30.09.2024)

Cash flow return
5.68%

 

Investment yield
4.56%

 

 

Fair value
431 mn

 

Net income
13.3 mn

 

 


Portfolio

Number of properties
17

 

Wault
5.4 years

 

 


Type of use
target rent in CHF

Geographic allocation
fair value in CHF

Properties

Grancia, Centro Lugano Sud, Via Cantonale

  • Year of acquisition: 2022
  • Year of construction: 1991 | | Expansion: 2004 | Refurbishment: 2018 - 2019
  • Rental area: 21 950 m2
  • Main type of use: Retail

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Stabio, VF 1, Via Laveggio 5

  • Year of acquisition: 2023
  • Year of construction: 2010
  • Rental area: 18 108 m2
  • Main type of use: Office & research

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Winterthur, Rudolf Diesel 20-22

  • Year of acquisition: 2022
  • Year of construction: 2019
  • Rental area: 12 582 m2
  • Main type of use: Retail

Oberbüren, Buchental 4

  • Year of acquisition: 2022
  • Year of construction: 1990
  • Rental area: 9 547 m2
  • Main type of use: Retail

Steinhausen, Chollerstrasse 21-23

  • Year of acquisition: 2022
  • Year of construction: 1990
  • Rental area: 6 279 m2
  • Main type of use: Office

Lucerne, Luzernerstrasse 86-88

  • Year of acquisition: 2022
  • Year of construction: 1986
  • Rental area: 8 260 m2
  • Main type of use: Commerce

Winterthur, Marktgasse 3

  • Year of acquisition: 2022
  • Year of construction: 1969| Refurbishment: 2015
  • Rental area: 2 817 m2
  • Main type of use: Retail

Bedano, Via d’Argine 3-5

  • Year of acquisition: 2022
  • Year of construction: 2002 | Refurbishment: 2010
  • Rental area: 6 090 m2
  • Main type of use: Commerce & office

Solothurn, Hauptgasse 59

  • Year of acquisition: 2022
  • Year of construction: 1963
  • Rental area: 2 642 m2
  • Main type of use: Retail & office

Dietikon, Kirchstrasse 20

  • Year of acquisition: 2022
  • Year of construction: 1987
  • Rental area: 1 894 m2
  • Main type of use: Office

Thun, Bälliz 7

  • Year of acquisition: 2022
  • Year of construction: 1900 | Refurbishment: 2002
  • Rental area: 1 036 m2
  • Main type of use: Retail & office

Stabio, VF 2, Via Laveggio 6

  • Year of acquisition: 2023
  • Year of construction: 2008
  • Rental area: 2 374 m2
  • Main type of use: Office & research

Schwyz, Oberer Steisteg 18-20

  • Year of acquisition: 2022
  • Year of construction: 1988
  • Rental area: 2 669 m2
  • Main type of use: Office

St. Gallen, Rorschacherstrasse 63

  • Year of acquisition: 2022
  • Year of construction: 1960 | Refurbishment: 2011
  • Rental area: 1 880 m2
  • Main type of use: Office

Neuchâtel, J.-J Rousseau 7

  • Year of acquisition: 2022
  • Year of construction: 1929| Refurbishment: 1991
  • Rental area: 3 099 m2
  • Main type of use: Office

Burgdorf, Emmentalstrasse 14

  • Year of acquisition: 2022
  • Year of construction: 1972 | Refurbishment: 1998
  • Rental area: 2 129 m2
  • Main type of use: Office

Amriswil, Weinfelderstrasse 74

  • Year of acquisition: 2022
  • Year of construction: 2005
  • Rental area: 2 776 m2
  • Main type of use: Retail

    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).

     


    "Green Leases"
    as % of target rental income

    Energy mix
    as % of energy reference area

    Ratings

    Global Real Estate Sustainability Benchmark (GRESB)

    We have successfully implemented the GRESB Grace Period submission 2023. We received the official GRESB assessment in October 2024.

    REIDA

    The non-profit organisation REIDA (Real Estate Investment Data Association) has developed a standard for determining the most important environmentally relevant key figures in the real estate sector. The "Environmental indicators" for the 2023/2024 financial year were published in accordance with this REIDA standard.

    Download

    Principles for Responsible Investment (PRI)

    In November 2022, Swiss Prime Site Solutions signed the UN Principles for Responsible Investment (UN PRI) for the SPSS IFC and officially reported in accordance with the PRI framework for the first time in 2023. Below you will find the results for 2024.




    Board of directors

    Jürg Sommer
    Chairman of the Board of Directors
    Philippe Keller
    Member of the Board of directors
    Marcel Kucher
    Member of the Board of directors

    Team

    Maximilian Hoffmann
    Chief Investment Officer Funds (Commercial)
    Samuel Bergstein
    Head Acquisition & Sales (Commercial)
    Hubert Hauri
    Asset Management (Commercial)

    Client Relations

    Monika Gadola Hug
    Head Client Relations
    Olivier de Denon
    Client Relations
    Nemanja Malesevic
    Client Relations
    Derek Meisterhans
    Client Relations / Directeur Suisse Romande
    Joël Roth
    Client Relations
    Martin Wermelinger
    Client Relations

    Development & Construction

    Patrick Goldener
    Head Development & Construction
    Anissa Kühni
    Deputy Head Development & Construction
    Patrick Bär
    Head Construction
    Donika Vata
    Deputy Head Construction
    Christian Kuhlen
    Head Development
    Annuscha Schmidt
    Head Development & Construction Süd- und Westschweiz
    Ulrich Bachmann
    Development & Construction
    Hansruedi Gallmann
    Development & Construction
    Johanna Grabka
    Development & Construction
    Constantin Kaltenbrunner
    Development & Construction
    Valérie Krauser
    Development & Construction
    Nathalie Kull
    Development & Construction
    Yves Hafen
    Development & Construction
    Valentin Henggeler
    Development & Construction
    Fiona Leuzinger
    Development & Construction
    Anna Loukidou
    Development & Construction
    Silvan Renggli
    Development & Construction
    Beda Steiger
    Development & Construction
    Daniel Zobic
    Owner Trust (Diversity)