First issue for the Avobis housing fund has begun

The subscription period for the Avobis Swiss Residential Real Estate Fund Pension SICAV sub-fund began on June 1 and will continue until July 1. The payment is scheduled for July 7. According to Avobis Invest, the fund is aimed exclusively at qualified, tax-exempt occupational pension institutions and qualified, tax-exempt social security and compensation funds. They can now subscribe to the units at net asset value (NAV); the issue price per unit is CHF 102 net.

Investments will be made in fully rented, newly built and as-new residential properties in Switzerland - these offer "a guarantee of a stable and sustainable distribution," according to Avobis Invest. Among other things, the expected future regulations in the area of sustainability are to be taken into account when building the portfolio. In this way, it is possible to ensure that the properties will no longer require major investments in the medium term.

"The aim of the investment strategy is to generate a stable and sustainable distribution for the investor that is in line with the market and risk, with maximum value stability," says Frédéric Königsegg, Head Investment Products at Avobis. Special attention is paid to the legally expected regulations in the area of building efficiency and CO2 emissions. (ah)