News Opening of the CSA Real Estate Switzerland Residential Investment Group
The CSA Real Estate Switzerland Residential opens for subscriptions on may 14, 2020.
This investment group invests directly in a balanced portfolio of Residential real estate in Switzerland. The primary focus is on properties providing office and retail space. To complement the real estate portfolio, investments in other types of property utilization such as logistics, commerce and housing are permissible. Properties with hotel and industrial uses may be acquired only if these are housed in structures with mixed uses. Preference is given to newer properties with a long-term lease or which are eligible for a long-term lease, preferably in economically robust locations.
In the context of the opening of the CSA RES Residential real estate investment group, subscriptions of CHF 273 mn were received on the first day. The targeted investment volume of CHF 120 mn was thus already achieved on the first day of opening. The subscriptions will be reduced on a straight-line basis.
Opening Terms at a Glance
||Tax-exempt pension funds domiciled in Switzerland
||From 14 May 2020 at 8 a.m. (until the investment volume has been raised)
||CHF 120 million
|Swiss Security No.
||2 522 609|