SPS and Swiss Prime Investment Foundation extend mandate ahead of schedule
Swiss Prime Site and Swiss Prime Investment Foundation have extended the mandate under which SPS manages the Investment Foundation's assets ahead of schedule. The original contract provided for a term until the end of 2019.
Since the establishment of Swiss Prime Investment Foundation (SPA) in 2015, Swiss Prime Site (SPS) has managed its assets. The assets under management increased following the acquisition of residential properties from SPS worth over 400 million at the launch of the to CHF 1.4 billion at the end of 2017.
Since March 2017, the mandate has been managed by a management team from the newly founded Swiss Prime Site Solutions. The mandate agreement provided for a term until the end of 2019. SPS and SPA have now extended it ahead of schedule, according to Swiss Prime Site. At the same time, Swiss Prime Site intends to expand the services of Swiss Prime Site Solutions.
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