Wincasa receives mandate for 130 Immofonds properties

Wincasa has been awarded a service mandate for a CHF 2 billion Immofonds real estate portfolio. The value of its own portfolio grows to over CHF 78 billion.

Wincasa has received a mandate for residential properties of the Immofonds. (Source: Pixabay)

Immofonds Asset Management AG has awarded Wincasa a management mandate for its portfolio. The focus is on residential properties throughout Switzerland. From July onwards, Wincasa will manage more than 130 properties of Immofonds and Immofonds suburban with almost CHF 2 billion assets under management and a development pipeline of a further CHF 700 million. The service provider looks after two thirds of the properties on a full mandate basis, while the rest are managed on a split mandate basis together with two third-party companies.

Immofonds Asset Management awarded the mandate through a tender process. The mandate increases the value of Wincasa's managed portfolio to over CHF 78 billion. (aw)

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