The first issue of the Swiss Life Investment Foundation’s new investment group Real Estate Switzerland has been heavily oversubscribed. The investors include some 100 new clients in the growth segment of autonomous and semi-autonomous employee benefits institutions.
The Swiss Life Investment Foundation has attracted a great deal of interest with its portfolio of Swiss real estate launched in November 2009. Swiss employee benefits institutions have made investment promises totalling CHF 844.4 million. The first issue volume of CHF 350 million was therefore around 2.5 times oversubscribed. However, all investors have been allocated units, even if, in some cases, only to a limited extent.
With this placement, the Swiss Life Investment Foundation was able to gain more than 100 new clients in the strategically important growth segment of autonomous and semi-autonomous employee benefits institutions. As a result, it tripled its client base. “We are really pleased that the new investment foundation offer has proved to be so popular. This clearly underscores Swiss Life’s expertise in real estate investment,” commented Ivo Furrer, CEO Switzerland at Swiss Life. “With this important addition to the investment range, we have made great progress in the strategic repositioning of the investment foundation.”
With the issue of the new investment group, the Swiss Life Investment Foundation surpassed the CHF 1 billion total assets mark for the first time since it was established in 2001.
With this placement, the Swiss Life Investment Foundation was able to gain more than 100 new clients in the strategically important growth segment of autonomous and semi-autonomous employee benefits institutions. As a result, it tripled its client base. “We are really pleased that the new investment foundation offer has proved to be so popular. This clearly underscores Swiss Life’s expertise in real estate investment,” commented Ivo Furrer, CEO Switzerland at Swiss Life. “With this important addition to the investment range, we have made great progress in the strategic repositioning of the investment foundation.”
With the issue of the new investment group, the Swiss Life Investment Foundation surpassed the CHF 1 billion total assets mark for the first time since it was established in 2001.
Swiss Life
The Swiss Life Group is one of Europe's leading providers of life insurance and pension solutions. In Switzerland, France and Germany, the Group offers individuals and corporations comprehensive advice and a broad range of products through its own sales force as well as brokers and banks. Swiss Life provides international corporations with employee benefits solutions from a single source, and is one of the global leaders in structured life and pension products for international high net worth individuals.
The AWD Group has been part of the Swiss Life Group since 2008. Hanover-based AWD is one of the leading European financial services providers in the medium- and high-income client segments and offers its clients personal and holistic financial planning in ten countries.
Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The Swiss Life Group employs a staff of around 9000.
The Swiss Life Group is one of Europe's leading providers of life insurance and pension solutions. In Switzerland, France and Germany, the Group offers individuals and corporations comprehensive advice and a broad range of products through its own sales force as well as brokers and banks. Swiss Life provides international corporations with employee benefits solutions from a single source, and is one of the global leaders in structured life and pension products for international high net worth individuals.
The AWD Group has been part of the Swiss Life Group since 2008. Hanover-based AWD is one of the leading European financial services providers in the medium- and high-income client segments and offers its clients personal and holistic financial planning in ten countries.
Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The Swiss Life Group employs a staff of around 9000.