Patrimonium acquires four Swiss residential properties

Patrimonium Investment Foundation's "Swiss Residential Properties" group has acquired four residential properties for CHF 52 mln (€54.1 mln), adding 70 apartments.

Residential - Swiss Residential Properties

These properties are strategically located in Switzerland's major economic centres—Geneva, Basel, and Zurich—markets known for their resilience and positive long-term demographic trends.
Three of the four acquisitions were made off-market directly from private sellers, ensuring disciplined pricing. The assets primarily consist of mid-to-low-rise residential buildings situated in urban areas with excellent access to public transport and essential amenities. All buildings are currently fully occupied.
The acquired portfolio's rents are positioned below the 30th percentile of Wüest Partner’s benchmarks for their respective regions, indicating potential for sustainable long-term rental growth.
With these acquisitions, the residential share of the Foundation’s "Swiss Residential Properties" investment group's portfolio now exceeds 87%.
Hanspeter Berchtold, CIO Real Estate, said: “These acquisitions represent another important step along our growth path and further strengthen our core residential portfolio.” 
Armin Gote, portfolio manager, added: “All buildings are located in high-demand areas and offer residents an above-average quality of living due to their proximity to essential amenities.”