Edmond de Rothschild Real Estate ranked best Swiss real estate fund

Real estate - 2/13/2017

In its latest edition, Swiss magazine Bilan states that in times of low returns, real estate is an attractive alternative investment class, generating stable yields and embodying substance.

To illustrate this, Bilan recalls the latest Thomson Reuters Lipper rankings where the Edmond de Rothschild Real Estate (ERRES) fund is rated #1 for its 3-year performance in Swiss real estate. Over this period, ERRES generated a performance of 42.5%, compared to an average of 26.0% for competing funds. In 2016, its performance was 11.6%, almost twice the average performance of the 35 other funds in its category (6.0%).

Launched in 2011, ERRES is managed by Orox Asset Management, a subsidiary of Edmond de Rothschild (Suisse) S.A. The fund currently manages CHF 1.1bn in assets across the Swiss territory. The portfolio is mainly residential, with ca. 2/3 of revenues being rents. The commercial share, mainly offices, focuses on new or refurbished assets with medium to long-term leases and high-quality tenants. The geographic focus is on French-speaking Switzerland, with 75% of the portfolio being invested in the cantons of Geneva, Vaud, and Fribourg. The remaining assets are in key urban centres in the rest of Switzerland (Zurich, Basle, Lucern, Bern, Neuchatel, etc.).