Swiss Life Investment Foundation launches products for industrial and logistics real estate
The Swiss Life Investment Foundation and Swiss Life Asset Managers are launching two investment solutions for industrial and logistics real estate in Europe. The target group is Swiss pension funds and institutional investors.
According to a company statement, Swiss Life's new offering comprises two investment groups of the investment foundation for Swiss pension funds, which are offered both in euros and in Swiss francs with foreign currency hedging, as well as a Luxembourg fund for institutional investors.
The Real Estate Europe Industrial and Logistics investment groups invest in a portfolio of industrial and logistics properties through the new fund Swiss Life Real Estate Funds (LUX) S.A., SICAV-SIF - European Industrial & Logistics. According to the press release, the focus is on Germany and France, with a mix in the rest of Europe, particularly in the UK, Benelux and Switzerland.
The plan is to allocate roughly half of the assets to industrial and half to logistics properties, the report adds. This would combine the advantages of both real estate asset classes: the high diversification of rental income and the flexibility of use of industrial properties with the earnings strength and high demand for space of logistics properties. (ah)
