Bavaria's BVK enters Swiss property market

Jonathan Boyd
clock • 1 min read

Bayerische Versorgungskammer (BVK), the €77bn manager servicing Germany's largest pension scheme group, has announced a move into Switzerland by acquiring a portfolio of properties anchored by retail tenants. The acquisition was done via a Raif (Reserved Alternative Investment Fund), on the Luxembourg platform of Universal-Investment, with Schroder Real Estate acting as investment advisor and asset manager. UBS Switzerland is financing the portfolio. The Raif invests primarily in Swiss and Austrial retail properties. Details of the value of the transaction have not been published. ...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.