Sales launch for new Swiss Life KVG fund

Swiss Life Living + Working, a fund established under German law, invests throughout Europe in real estate in the residential and healthcare (Living) and office and retail (Working) segments. The fund aims to achieve a performance of over 2.5% (according to the BVI method).

So far, the fund has secured six properties with the support of Swiss Life subsidiary Corpus Sireo Real Estate: an office building in Munich, two office properties in the city center of Amsterdam, a residential building in Berlin, a residential quarter development in Wolfsburg and a local shopping center in the Bavarian town of Fürstenfeldbruck, around 25 km from Munich. According to Swiss Life KVG, the current investment volume is around 103 million euros. Further real estate purchases are planned.

In the medium term, a target portfolio of residential and healthcare properties (including senior residences, nursing homes, medical centers) as well as office and retail properties is to be built up. The new fund pursues the so-called ABBA strategy, i.e. A-locations in B-cities and B-locations in A-cities are analyzed in particular.