General Information

CS REF Hospitality

The Credit Suisse Real Estate Fund Hospitality (CS REF Hospitality, sec. no. 11876805) invests mainly in hospitality properties. Specifically, they include convention centers, residential properties offering hotel-style services, hotels, residential and temporary living facilities, healthcare real estate, and residential real estate throughout Switzerland. By law, the fund is prohibited from holding a stake in operating companies. The fund holds the real estate directly. Holders of unit certificates who are resident in CH are therefore not subject to income/wealth tax on the portion of the income/wealth that comes from direct property holdings. CS REF Hospitality has been listed on the SIX Swiss Exchange since 2012.

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