Credit Suisse Real Estate Funds Maintain Stable Payouts for 2023 2024

The distributions for the 2023/24 financial year have been successfully maintained by four Credit Suisse Swiss real estate funds. These funds, which include CSREF Siat, CSREF Interswiss, CSREF LogisticsPlus, and CS 1a Immo PK, have reported investment returns ranging from 3.5% to 4.5%, showing improvement compared to the previous year.

The payout amounts for the funds are as follows: CS 1a Immo PK will distribute 45.00 Swiss francs per share, CSREF Interswiss will pay out 4.81 Swiss francs, CSREF LogisticsPlus will provide 3.50 Swiss francs, and CSREF Siat will distribute 3.38 Swiss francs. The payout ratios for these funds are around or slightly above 100%.

Furthermore, Silvio Preisig has been appointed as the fund manager for the CS 1a Immo PK fund, effective December 2024. A merger between the Interswiss fund and the UBS (CH) Property Fund - Swiss Commercial "Swissreal" is expected to occur in 2026 or 2027.

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