All four funds within the Credit Suisse Real Estate Fund umbrella experienced higher investment returns compared to the previous year.
The funds, including CSREF Siat, CSREF Interswiss, CSREF LogisticsPlus, and CS 1a Immo PK, generated returns ranging from 3.5 percent to 4.5 percent, a significant improvement from last year's performance, which was only marginally positive or slightly negative.
Distributions for the funds are as follows: CHF 45.00 per unit for CS 1a Immo PK, CHF 4.81 for CSREF Interswiss, CHF 3.50 for CSREF LogisticsPlus, and CHF 3.38 for CSREF Siat, with payout ratios hovering around or slightly above 100 percent.
Silvio Preisig has been appointed as the fund manager for 1a Immo PK, effective December 2024.
Additionally, there is consideration for a merger between the Interswiss fund and the UBS (CH) Property Fund - Swiss Commercial "Swissreal" in 2026/2027.
UBS shares experienced a temporary increase of 0.52 percent, reaching CHF 28.97 on the SIX exchange.