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Sector

Real Estate

The Group's founding activity. We own, develop and reposition institutional-quality real estate assets across three continents.

11
assets and developments in portfolio
68%
of floor space certified or in certification
9 yrs
average holding period

Real estate is today the largest share of our portfolio. We apply a long-term ownership approach: acquire well-located assets, durably improve their technical and tenancy quality, then hold them for as long as they deliver a return in line with our expectations.

In Switzerland and Europe, our work focuses primarily on repositioning existing assets — offices, logistics, hospitality — whose value can be improved through refurbishment, tenancy restructuring or environmental upgrading.

In Africa the challenge is different: it is about creating institutional-grade supply where none exists. Our developments there answer structural demand for office space, mid-market housing and organised retail in metropolitan areas with strong demographic growth.

What we do

  • Prime offices

    Office buildings in established business districts, let to institutional tenants on long leases.

  • Institutional residential

    Housing schemes designed for long-term rental, with a strong requirement on energy performance.

  • Hospitality

    Hotel assets operated under management or franchise agreements with recognised international operators.

  • Urban development

    Large-scale mixed-use schemes, generally delivered through public-private partnerships or with a local landowner.

Investment criteria

Ticket
10 – 60 million per asset
Position
Majority or qualified minority
Horizon
7 to 12 years
Geographies
Switzerland, EU, North and Sub-Saharan Africa
Types
Offices, residential, hospitality, mixed-use
Standard
Environmental certification required on new developments
Case study

Business District — Plateau, Abidjan

A 22-storey office tower and its retail gallery, developed in co-investment with an Ivorian developer and a development finance institution.

  • First EDGE-certified asset in our West African portfolio
  • 71% of floor space pre-let before completion
  • More than 400 jobs created during the construction phase
  • Local-currency financing structure backed by a hedging arrangement
Related projects

Real Estate

In portfolio

Real Estate

Quai du Rhône — Prime Office Portfolio

Three repositioned office buildings in the heart of Geneva's banking district, let on long leases to institutional tenants.

Location
Geneva, Switzerland
Sector
Real Estate
Commitment
CHF 42M
Year
2019
Under development

Real Estate

Lake Geneva Arc Residences

A 96-unit high-efficiency residential scheme, certified to the Minergie-P standard.

Location
Lausanne, Switzerland
Sector
Real Estate
Commitment
CHF 28M
Year
2022
In portfolio

Real Estate

Mixed-Use Block — Paris Rive Gauche

Mixed office, retail and hospitality scheme delivered in co-investment with a local landowner.

Location
Paris, France
Sector
Real Estate
Commitment
EUR 54M
Year
2020
In portfolio

Real Estate

Hospitality Portfolio — Lisbon & Algarve

Four refurbished hotel assets operated under a management contract with an international operator.

Location
Lisbon, Portugal
Sector
Real Estate
Commitment
EUR 38M
Year
2021
Under development

Real Estate

Mid-Market Residential — Warsaw

A 180-unit build-to-rent scheme in the Wola district, designed for institutional ownership.

Location
Warsaw, Poland
Sector
Real Estate
Commitment
EUR 22M
Year
2023
In portfolio

Real Estate

Business District — Plateau, Abidjan

A 22-storey office tower and retail gallery — the first EDGE-certified asset in our West African portfolio.

Location
Abidjan, Ivory Coast
Sector
Real Estate
Commitment
USD 58M
Year
2020
Under development

Real Estate

Diamniadio Urban Hub

Mixed residential and office development in the new city of Diamniadio, under a public-private partnership.

Location
Dakar, Senegal
Sector
Real Estate
Commitment
USD 44M
Year
2022
Realised

Real Estate

Listed Property Vehicle — Johannesburg

Position built and subsequently exited in a South African REIT focused on business parks.

Location
Johannesburg, South Africa
Sector
Real Estate
Commitment
USD 31M
Year
2017
Get in touch

Let's discuss your next transaction

Our Geneva teams work alongside institutional investors, family offices and industrial partners across all of our markets.