Vaudoise establishes investment foundation and raises 130 million
In February 2023, the Vaudoise Group established a real estate investment foundation for the collective investment and management of pension funds. In March, the first capital raising of CHF 130 million was already completed.
With the capital raised, Vaudoise acquired a real estate portfolio in western and German-speaking Switzerland for the "Real Estate Switzerland" investment group. The investment group invests mainly in residential buildings, but also in commercial properties.
Vaudoise's new investment foundation aims to achieve a volume under management of over CHF 500 million in the next five years. Christoph Borgmann, CFO of the Vaudoise Insurance Group, is Chairman of the Board of Trustees. Two independent experts, Hervé Froidevaux and Alain Deschenaux, are members. The Foundation is jointly managed and administered by Mikaël Genty and Dejan Dukov.
"We welcome the successful start of our investment foundation despite the difficult environment," says Borgmann. With the two competence centers in Lausanne and Bern, all phases of real estate value creation would be covered, from development to sustainable portfolio management. (aw)
