Mobifonds Swiss Property plans listing
The fund is to go public next year. Insufficient tradability has led to negative performance in recent years, the fund management explains.
Mobifonds Swiss Property is planning to list on the Six Swiss Exchange in the first half of 2026. The IPO is intended to improve the liquidity and tradability of the fund units, according to the fund management company. "Despite the very good fundamental development of the real estate portfolio, the off-market price of Mobifonds Swiss Property has shown a negative performance in the last two financial years," reads a statement. This was primarily due to insufficient tradability of the units. "Positioning in the over-the-counter segment has been particularly challenging since the interest rate turnaround, as investors increasingly prefer NAV-based real estate investments or listed real estate funds with sufficient liquidity". Among several options examined, listing on the Six has proven to be the best long-term solution. Another advantage is that the planned opening of the fund to the public will also make it accessible to private investors in future.
The fund's portfolio currently comprises 23 properties with a market value of CHF 1.1 billion. The properties have been newly built or completely renovated since their launch in 2013 or are currently undergoing conversion planning. The plans for the IPO are subject to the approval of the fund contract amendment by Finma and the approval of a listing application by the Six Swiss Exchange. (aw)
