Annual Report 2011-2012

Investment strategy

The Company concentrates on energy-efficient “Core/Core+” office properties in selected cities in Switzerland, France and Germany. The properties are actively managed by internal asset management teams in order to identify and implement appropriate value-generating measures.

Investment guidelines  
   
Property type Office (Core/Core+)
Location City center, A and B
Tenant Excellent solvency
Property quality Good/very good or with potential for renovation
Holding period 7–15 years
Sustainability Energy-efficient (Minergie standard)
Risk Low/medium
IRR 8%–10%
Leverage 40%–60%
Costs Low owner costs (NOI margin 90%–95%)

Concentration on 3 countries in selected cities in %

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Annual Report 2011-2012

Annual Report 2011-2012 (8.16 MB)