Baloise Asset Management launches its first property fund

Basel, 4 October 2018. Baloise Asset Management has successfully launched Baloise's first property fund with a placement volume of CHF 275 million. This is a key step in implementing the growth strategy for its third-party business. The move strengthens Baloise's positioning in the Swiss market as an important partner for institutional investors.

With the launch of the 'Baloise Swiss Property Fund', Baloise successfully placed an issue volume of CHF 275 million. Investors in the fund include, among others, pension funds, banks, asset managers and family offices. This offering represents an important milestone in implementing Baloise Asset Management's strategy for its third-party business. The Baloise Swiss Property Fund offers investors the opportunity to participate in the development of a growing real estate portfolio with a focus on residential properties and high-quality locations.

The Swiss Property Fund is aimed exclusively at qualified investors. The property fund was fully paid up on 1 October 2018 and is fully invested, as it was set up with a broadly diversified initial portfolio of 35 properties from Baloise's existing real estate portfolio. The selection of properties reflects the real estate portfolio of Baloise in Switzerland. "This allows the fund to offer an investment opportunity that generates a return from day one, while minimising the risks at the same time with a broadly diversified portfolio," says Dieter Kräuchi, CEO of Baloise Real Estate Management Ltd.

Further information

  • Media information at www.baloise.com
  • Further information about the Swiss Property Fund: www.baloise-asset-management.com

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Contact

Baloise Group, Aeschengraben 21, 4002 Basel, Switzerland

Website: www.baloise.com

Email: media.relations@baloise.com / investor.relations@baloise.com

Media Relations: Tel.: +41 58 285 76 09

Investor Relations: Tel.: +41 58 285 81 81




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