Port: New residential developer at the start
A former Avobis manager is at the helm of the new company, which claims to have secured a start-up portfolio worth 30 million Swiss francs.
In autumn 2024, a group of private investors founded Port Real Estate Development AG, a new niche player in the field of residential real estate development. The company has already secured a diversified start-up portfolio worth around CHF 30 million in the cantons of Zurich and Thurgau. Port has "excellent access to the Swiss real estate market" and a "first-class pipeline of development sites". The initial portfolio is to be developed over the coming years, with the Swiss middle class as the target audience. "The focus is on locations that are optimally connected to the various modes of transport and that have considerable potential for densification in some cases due to ongoing negotiations."
Frederic Königsegg, who worked for Avobis for almost three years as Head of Investment Products and a member of the Executive Board until January last year, will head up the Real Estate division. Before that, he worked for Helvetica and Jargonnant Partners. Königsegg worked for Valartis Asset Management in Germany for seven years until 2014. Georg Tölkhaus is responsible for finances at Port. Dario Casari, the CEO of Samsung Switzerland, serves as a member of the Board of Directors
"Port will make a contribution to the urgently needed production of living space," says Königsegg. And: "Unlike many, we are not focusing on a 'club deal', but rather want to establish Port as a company that participates in the development market for residential space in a multipliable manner across all properties." A listing on the stock exchange in Bern is planned for 2027. (aw)
