Helvetica Property Investors has launched its first regulated Swiss real estate fund, Helvetica Swiss Commercial, for qualified investors.
Approved by Swiss market regulator Finma, the fund focuses on commercial properties across Switzerland, and includes a 30% quote of residential properties.
Hans Holdener, CEO and managing partner of Helvetica Property Investors, said: "The core of the investment strategy is in real estate outside of the sold-out city centre locations as well as properties which, while achieving attractive operating returns, remain potentially undervalued and could therefore benefit from the next cyclical boom."
Helvetica Property Investors chairman of the board of directors Hans Ueli Keller said: “Helvetica Swiss Commercial is targeting qualified investors whose investment policy is bound to strict qualitative investment criteria and guidelines.
“We are offering investors such as pension funds the opportunity to benefit from our experience and expertise, and to acquire shares at Net Asset Value. We believe this is an attractive value propositions in today's market environment.”
The firm noted that the Swiss real estate fund market currently has an average Net Asset Value (NAV) premium of more than 30%.