Market Commentary June 2024

Investis pursues a real estate strategy with a unique business model that focuses on residential properties in French-speaking Switzerland. Alongside the sale of its Real Estate Services segment, the company has already invested over 200 million in new buildings, significantly enhancing its focus on direct real estate assets. As a result, the expected NAV by mid-year is set to increase by more than 20%, likely exceeding CHF 95. Warteck Invest's capital increase was successful, providing management with sufficient funds to realize projects and create value for investors. The listing of Helvetia's real estate fund, product launches, and various capital increases in the fund market bring the necessary liquidity for investors returning to the real estate market following the recent SNB rate cut. The interest rate reduction is also welcomed by managers who have adhered to short-term financing. The improving sentiment for listed real estate investments since November continues, resulting in a half-year performance of +3.95% for the SREAL index.

The Market Commentary newsletter - subscribe here!