IST AST: Fresh capital for IST Real Estate Switzerland Residential investment group
The most recent opening has brought CHF 86 million into the coffers of the IST Anlagestift investment group, which focuses on residential real estate in German-speaking Switzerland.
The issue of the IST Real Estate Switzerland Residential investment group has met with great interest from investors, the Board of Trustees of the IST Investment Foundation has announced: The closing was already completed in February 2025 and thus before the issue deadline of March 31, 2025. Subscriptions for new units with a value of CHF 86 million were accepted for the investment group; with these acquisitions, the total investment assets exceed CHF 500 million. Furthermore, the investor base was expanded to over 80 pension funds: Almost 90 % of the issued units had been subscribed by new investors.
The new inflow of funds will be used to further expand the portfolio in line with the strategy and implement sustainability measures; in addition, debt capital will be reduced. According to the information provided, four transactions have been successfully completed for the investment group since the beginning of December 2024: With the purchase of three existing properties in Wald (ZH) and Benglen (ZH) and the acquisition of a new construction project in Reinach (AG), the portfolio was expanded by a total of 132 apartments and rental income increased to CHF 2.45 million. The new building is scheduled for completion in summer 2027.
IST Investmentstiftung is an investment foundation under Swiss law and is regulated by the Swiss Federal Occupational Pensions Supervisory Authority (OAK BV). It was founded in 1967 and as at 31.12.2024 managed a total of around CHF 10 billion in pension capital from more than 420 Swiss pension funds. The product range comprises 47 investment groups in the areas of equities, bonds, mortgages, real estate, mixed assets, alternative investments and infrastructure. (bw)
