Strategy

Edmond de Rothschild Real Estate SICAV – Swiss invests in real estate all across Switzerland, with a keen focus on it Romandy, in particular on the Geneva canton.

The fund centres its investment strategy on generating stable leasing income on buildings, paired with a value-added strategy seeking capital gains.

The portfolio is predominantly invested in the residential sector, with the balance targeting commercial assets.

The strategy is divided into three pillars:

  • Stable residential assets: central buildings generating stable leasing income and requiring little upkeep, and recently constructed periphery properties.
  • Value-added residential assets: buildings requiring substantial improvements, switching from one category of use to another (commercial to residential) or investing in construction projects.
  • Stable commercial assets: central buildings with long-term leases for stable cash income.

The size of a given asset ranges from CHF 5 million to CHF 60 million, with broad diversification over more than 150 properties.

Maximum authorised leverage is 33% and the fund generally ranges between 20% and 30%. Creditors are highly diversified, as are the maturities of mortgage loans.

Sector allocation (as of 30.09.2024)

Sector allocation (as of 30.09.2024) - 52 % Sector allocation (as of 30.09.2024) - 25 % Sector allocation (as of 30.09.2024) - 18 % Sector allocation (as of 30.09.2024) - 6 %
Residential 52 %
Commercial 25 %
Mixed-use 18 %
Land plot 6 %

Geographical allocation (as of 30.09.2024)

Geographical allocation (as of 30.09.2024) - 51 % Geographical allocation (as of 30.09.2024) - 23 % Geographical allocation (as of 30.09.2024) - 7 % Geographical allocation (as of 30.09.2024) - 6 % Geographical allocation (as of 30.09.2024) - 4 % Geographical allocation (as of 30.09.2024) - 4 % Geographical allocation (as of 30.09.2024) - 3 % Geographical allocation (as of 30.09.2024) - 2 %
Geneva 51 %
Vaud 23 %
Zurich 7 %
Fribourg 6 %
Neuchâtel 4 %
Other 4 %
Basel 3 %
Bern 2 %