Helvetica Property Investors has been approved as a real estate fund manager by the Swiss regulator and now plans to kickstart its fund-management business.
The Swiss Financial Market Supervisory Authority (Finma) has authorized Helvetica Property Investors to issue regulated real estate funds, Helvetica said in a statement today.
«The authorization represents a key condition for the further development of the company and opens new and attractive growth opportunities,» the company said.
Launch in Third Quarter
Helvetica now plans to launch a Swiss regulated fund, which primarily invests in commercial real estate. The managers plan to start the fund in the third quarter of 2016. It is aimed at investors with a long-term investment horizon and looking for stable yield and value retention.
Helvetica Property Investors was founded in 2007 and is a unit of Helvetica Group. The company has its headquarters in Zurich and a branch in Oslo. Hans Holdener is CEO and managing partner.
