DAGSIS: New investment group of real estate DAI
The investment foundation Immobilien DAI has launched the new investment group Commercial and Special Real Estate Switzerland DAGSIS. The first investment is located in Wil (SG).
Immobilien DAI's new DAGSIS investment group invests via sale-and-leaseback primarily in commercial, production and special-purpose properties used by industrial companies. These properties are characterized by long-term, indexed leases with one or a few tenants, which is why the costs for property management are comparatively low, according to the Immobilien DAI investment foundation.
First acquisition in Wil
With the completion of the initial offering, the purchase of the first property has also taken place. This is an office and production building in Wil (SG). The property is located in a newly developing industrial and commercial zone, and further new buildings are planned around the property or are already under construction.
The high-tech industrial group Cicor is consolidating the locations of its subsidiary Swisstronics Contract Manufacturing AG in the building in Wil. The property consists of 77 percent production space and 23 percent office space. According to Immobilien DAI, the net cash flow yield is more than five percent. The lease is long-term and indexed.
The investment group Commercial and Special Real Estate Switzerland DAGSIS remains open for new subscriptions. The capital from the initial offering is expected to be fully invested by the end of January 2017 at the latest. (ah)