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Started in 1955 with four properties, IMMOFONDS now has around 140 properties. 2025 exemplifies growth and values: In May, the groundbreaking ceremony took place for the next visionary project, Wankdorfcity 3 in Bern. For the anniversary, the fund management Immofonds Asset Management AG is making...

The current ESG report from Immofonds Asset Management AG shows progress in reducing CO2 emissions, new impulses in tenant dialogue, and for the first time a structured assessment of social sustainability.

The Swiss real estate market is not lacking in challenges. Immofonds Asset Management AG therefore pursues a clear vision: «Living spaces with character create returns.» Managing Director Gabriela Theus provides insights into the philosophy that has guided the company for 70 years...

With the completion of the significantly oversubscribed capital increase of IMMOFONDS suburban, the real estate fund receives a total of CHF 14.5 million in new funds. The issue proceeds will be used to expand the portfolio in line with the strategy.

Nine buildings, 3000 jobs and around 500 apartments: In the north of Bern, between the highway and railway tracks, Wankdorfcity 3, the stacked city, is being created over the next few years. With the groundbreaking ceremony, the major project enters the implementation phase.

A capital increase with subscription rights with an issue volume of a maximum of CHF 14.5 million is planned for IMMOFONDS suburban. The issue price is CHF 108.00 net per unit. The subscription period starts on May 6, 2025.

Fund management Immofonds Asset Management AG plans to carry out a capital increase for IMMOFONDS suburban in May 2025 in the order of around CHF 15 to 20 million to successfully implement the next growth steps of IMMOFONDS suburban through the acquisition of attractive properties.

IMMOFONDS suburban concluded the 2024 financial year with a good result. Rental income increased by 14.8% to CHF 3.7 million. Net income increased by 51% to CHF 2.0 million. The distribution will be increased by 35 centimes to CHF 2.60 per unit. As of December 31, 2024, the...

IMMOFONDS significantly increased its earnings in the first half of 2024/2025. Rental income increased by 7.6% to CHF 45.4 million and net income rose by 10% to CHF 26.1 million.

After the successful capital increase, Gabriela Theus, Managing Director of Immofonds Asset Management AG, considers the traditional fund fit for the immediate future.

IMMOFONDS was officially evaluated in the GRESB rating for the first time in 2024 and immediately achieved a 4-star rating and the Green Star award. The result reflects consistently implemented measures within the framework of a comprehensive ESG strategy aimed at sustainable real estate management...

Around 500 apartments and 3,000 jobs will be created in the stacked city north of Wankdorf station by 2029. The building permit for the main project of Wankdorfcity 3 is now available, construction work will start next year and will be completed in 2029.

With the completion of the fully subscribed capital increase of IMMOFONDS suburban, the real estate fund receives a total of CHF 14.4 million in new funds. The issue proceeds will be used to reduce debt and expand the portfolio in line with the strategy.

The market value of IMMOFONDS properties increased by 7.0% to CHF 2,325.1 million in the 2023/2024 financial year. Rental income increased by 3.4% to CHF 86.0 million. With the unchanged distribution of CHF 13.50 per unit, investors achieve a distribution yield of 2.5% to the...

IMMOFONDS suburban successfully held its own in a dynamic residential real estate market in the first half of 2024. Net income increased by 21% to CHF 0.7 million compared to the previous year's period. Total income at CHF 1.3 million was well above the prior year value. As of June 30, 2024, the...

Fund management Immofonds Asset Management AG plans to carry out a capital increase for IMMOFONDS suburban in September 2024 in the order of around CHF 15 to 20 million. The goal is to expand the portfolio and promote the sustainable development of existing properties in accordance with the...

The ESG report from Immofonds Asset Management AG provides information on strategic priorities and progress in 2023. In addition, the report raises the question of how densified construction can succeed with high standards for building culture.

Fund management Immofonds Asset Management AG plans a capital increase for IMMOFONDS of around CHF 150 million in autumn 2024, primarily to finance the next construction phase of the major Wankdorfcity 3 project in Bern and for sustainable expansion of the property portfolio.

IMMOFONDS suburban concluded the 2023 financial year with a solid operational result. Net income increased by 12% to CHF 1.4 million. The distribution to investors increases by 10 centimes to CHF 2.25 per unit.

IMMOFONDS looks back on a solid first half of 2023/2024 in a challenging environment. Rental income increased by 2.7% to CHF 42.3 million. The market value of the property portfolio was CHF 2.2 billion at the end of 2023.

«Wankdorfcity 3 will bring significant added value»

Why does sustainability play an important role in the investment strategy for Immofonds Asset Management AG?
The real estate business is very long-term oriented and real estate accounts for a significant share of CO2 emissions in...

With stacked houses, diverse squares and a building-connecting city terrace, Wankdorfcity 3 reinterprets urban living. The preliminary project, key data and concrete design are now available. The building application for the overall project will be submitted in early 2024,...

IMMOFONDS achieved an operationally pleasing result in the 2022/2023 financial year. Rental income increased by 3.1% to CHF 83.2 million. The market value of the properties increased by 9.3% to CHF 2,172.5 million. Net income amounted to CHF 47.5 million. The good operational performance enables a...

IMMOFONDS suburban faced challenging market conditions in the first half of 2023. Operationally, a clear revenue increase was achieved. As of June 30, 2023, the market value of the portfolio was CHF 80.3 million and the annual target rental income was CHF 3.2 million. Net income amounted to...

Fund management Immofonds Asset Management AG acquires an attractive residential property in Ebikon (LU) for IMMOFONDS suburban through a contribution in kind. This acquisition further increases the regional diversification of the real estate portfolio. At the same time, the next...

Immofonds Asset Management AG has published the ESG Report 2022. The investment vehicles IMMOFONDS and IMMOFONDS suburban are being prepared for a sustainable future with consistent commitment. Progress is measured with newly collected key figures. Responsibility for ESG topics...

With stacked houses, diverse squares and building-connecting terraces, Wankdorfcity 3 aims to redefine urban living and give the city of Bern a new face in the north. While the planning teams are working on the final details of the preliminary project, the first excavators...

IMMOFONDS suburban concludes its first financial year with a solid result. Since the fund's launch in December 2021, a total of CHF 48 million was raised with two issues in an extremely challenging market environment and invested promptly. As of December 31, 2022, the...

IMMOFONDS looks back on a good first half of 2022/2023 in a challenging environment. Rental income increased 2.4% to CHF 41.2 million and the vacancy rate fell from 2.5% to 1.9%. Net income and total income reached prior year levels. The market value of the portfolio is CHF...

The capital increase for the real estate fund IMMOFONDS suburban was carried out in an environment of difficult financial markets and new funds of CHF 8 million were raised. The issue proceeds will be used for the further expansion of the real estate portfolio along the investment strategy...

Are real estate investments sensible given the tense market situation on the financial markets? Gabriela Theus explores this question in the current edition of «WOMEN in Business» and explains what matters and why real estate is interesting as an investment form.

The subscription period for the capital increase of up to CHF 42.6 million of the real estate fund IMMOFONDS suburban begins on September 15, 2022. The funds flowing from the capital increase will be used for the further expansion of the real estate portfolio launched in December 2021 along the...

IMMOFONDS rental income increased by 2.9% to CHF 80.7 million in the 2021/2022 financial year. Net income increased by 1.8% to CHF 48.8 million and total income by 45% to CHF 151.6 million. The market value of IMMOFONDS properties increased by 9.8% to CHF 1,988 million. With the renewed...

Fund management Immofonds Asset Management AG plans a capital increase with subscription rights for the real estate fund IMMOFONDS suburban in the order of around CHF 40 million towards the end of September 2022. The goal is to expand the portfolio of the real estate fund newly launched in December 2021 along the...

IMMOFONDS suburban looks back on a successful first half-year of 2022. With the launch of the fund in December 2021, around CHF 40 million were raised and invested in attractive properties within a few weeks. As of June 30, 2022, the market value of the...

Zuger Kantonalbank takes over all shares of Immofonds Asset Management AG. Nothing changes for investors in IMMOFONDS and IMMOFONDS suburban.

IMMOFONDS increased rental income by 3.4% to CHF 40.2 million in the first half of 2021/2022 and reduced the vacancy rate from 4.2% to 2.5%. The market value of the portfolio increased by 1.5% to CHF 1,836.7 million.

Fund management Immofonds Asset Management AG has successfully invested the funds raised in December 2021 as part of the initial issue of IMMOFONDS suburban. IMMOFONDS suburban was able to acquire three attractive residential properties and a mixed-use property outside the...

A new, lively neighborhood is planned in the north of Bern, on the Wankdorfcity 3 site. The vision of a «stacked city» is becoming more concrete, as the results of a project competition show. These are now available on the project website.

Handelszeitung – Real estate allows you to sleep peacefully. Many investors consider real estate funds to be a solid but somewhat boring capital investment. Others see therein the charm of land and buildings, because even in turbulent times they generate very reliable...

Immoday - With the successful launch of the new real estate fund IMMOFONDS suburban, Immofonds Asset Management AG has expanded its fund range with a very attractive investment vehicle.

Immofonds Asset Management AG is expanding its fund range and, in addition to the already excellently established real estate fund IMMOFONDS, has launched the new IMMOFONDS suburban, which focuses on attractive residential properties outside Switzerland's major centers. The initial issue of IMMOFONDS...

Handelszeitung – In the interview, Gabriela Theus, real estate expert and Managing Director of Immofonds Asset Management AG, talks about the difficult search for yield gems - and why small apartments remain in demand despite home office.

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The Board of Directors of Immofonds Asset Management AG proposes the election of Ladina Esslinger as a new board member to the General Meeting.

Immoday - Even though the CO₂ law was rejected by the electorate, new political initiatives are likely to follow to achieve the set climate goals. Buildings in particular will be affected, as they account for around 45% of Switzerland's final energy consumption. A sustainable...

IMMOFONDS increased rental income by 3.1% to CHF 78.4 million in the 2020/2021 financial year and net income by 4.7% to CHF 47.9 million. The market value of the properties increased by 7.3% to CHF 1,810 million. The distribution is again CHF 13.50 per unit.

Finanz und Wirtschaft – It is stability and predictability that make residential real estate funds attractive to investors. But valuations are high. Because of this constellation, relatively affordable opportunities are being sought. ZKB analyst Kagerer: We continue to consider Immofonds worth buying...

Der Bund – In an interview with architect Rolf Mühlethaler, «Der Bund» explores the question of how a lively and attractive neighborhood can emerge in Bern's WankdorfCity with the third development phase through "density, proximity, neighborhood".

After completing the test planning in spring 2020, a planning team led by architect Rolf Mühlethaler concretized the urban planning vision for Wankdorfcity 3. In workshops, together with the developer, the city, the neighborhood and an accompanying committee, the development plan 3...

Gabriela Theus, Managing Director of Immofonds Asset Management, in the '5 Minutes with' interview on Immoday. An interview series introducing players in the Swiss real estate securitization industry.

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HSLU blog post: Buildings in Switzerland will evolve from electricity consumers to decentralized mini power plants in the coming years, thus making an important contribution to the energy transition. Institutional investors, especially pension funds, have already recognized this trend and...

Lukas Camenzind resigns from the Board of Directors of Immofonds Asset Management AG with immediate effect. The Board of Directors thanks Lukas Camenzind for his contribution.

In the first half of 2020/2021, IMMOFONDS' net income increased by 10.7% to CHF 24.7 million. The market value of the portfolio increased by 3.0% to CHF 1,737.4 million. With the successfully completed capital increase in autumn, the fund received around CHF 100 million for the further development of the portfolio...

In the city of Zurich alone, according to forecasts, the population is expected to increase by 100,000 people by 2040. New living space is therefore urgently needed, and because building land is scarce, buildings from the post-war period in particular must make way for densified new buildings. The same is happening in other cities...

BAZ Private Investors - Real estate investments yield better returns than many experts would expect. As long as stocks remain very volatile and interest rates remain low, many investors can hardly avoid this asset class.

Nicole A. Reinhard Stahel resigns from the Board of Directors of Immofonds Asset Management AG. Lukas Camenzind is proposed as her successor.

The capital increase of the real estate fund IMMOFONDS was successfully completed in the planned amount of CHF 103.0 million. The issue proceeds will primarily be used for opportunities to internally upgrade the property portfolio and for new acquisitions.

The capital increase of the real estate fund IMMOFONDS starts on October 7, 2020 in the amount of around CHF 100 million. The issue proceeds will primarily be used for projects to internally upgrade the property portfolio and for new acquisitions.

In September 1980, IMMOFONDS was listed for the first time on the stock exchange in Zurich. Since then, net assets have increased eightfold and the fund has generated solid returns and high appreciation for investors.

The market value of IMMOFONDS properties increased by 5.3% to CHF 1,687.1 million in the 2019/2020 financial year. Rental income increased by 1.9% to CHF 76.1 million and net income by 0.8% to CHF 45.8 million. The distribution remains stable at CHF 13.50 per unit. A capital increase is planned for autumn 2020...

Der Bund - «Attractive» living between train and highway

The current commercial area Wankdorfcity 3 is to become an urban and lively residential and working area over the next few years. The test planning completed in early summer 2020 shows exciting approaches that contribute to developing the entire WankdorfCity into an independent and lively neighborhood...

Berner Zeitung - An urban development concept is now being developed for the Bern Wankdorf-City area development. Implementation will begin in three years at the earliest.

real estate report, Issue 16 - ESG criteria are becoming increasingly important, despite the Corona crisis. For Gabriela Theus, Managing Director of the listed IMMOFONDS, these are central to making the sustainability of properties visible and comparable at all. Gabriela Theus in interview.

IMMOBILIEN BUSINESS – Gabriela Theus has been responsible for IMMOFONDS as Managing Director of AG für Fundsverwaltung with her team for three years. During this time, the fund's assets increased by around 13% to 1.61 billion francs, vacancies were reduced from over 5% to under 4%.

IMMOBILIEN BUSINESS - The Covid-19 pandemic or rather the lockdown imposed by the Federal Council to contain it resulted in high revenue losses for many businesses. The dispute over rent reduction or waiver is now occupying the courts.

IMMOFONDS as building rights holder intends, together with the Burgergemeinde Bern as building rights grantor and the City of Bern, to convert the Wankdorfcity 3 site for quality use and thus make a significant contribution to the overall development of WankdorfCity. For this purpose, IMMOFONDS signed with the...

IMMOFONDS plans a capital increase of approximately CHF 100 million in autumn 2020 for further development of the property portfolio.

IMMOBILIEN BUSINESS - IMMOFONDS has acquired a property with 20 small apartments in Zurich's Wipkingen neighborhood.

IMMOFONDS achieved a solid result in the first half of 2019/2020: Rental income was 3.9% higher than in the previous year period, net income increased by 3.6% to CHF 22.3 million and the market value of the property portfolio increased by 1.2% to CHF 1,621 million.

NZZ – Many preferences formed in 2018 retained their validity: Large established titles with central real estate locations, which benefited from strong appreciation and have market-conform, secured distributions, remained in demand. These showed very high premiums at year-end.

Gabriela Theus was a guest on a panel discussion at the Swiss Real Estate Institute on the topic «Buying and renting out condominiums: A good idea for investing in residential real estate?».

IMMOFONDS increased rental income by 5.5% to CHF 74.7 million and net income by 6.3% to CHF 45.4 million in the 2018/2019 financial year. The vacancy rate fell from 5.0% to 4.2%. The market value of the properties increased by 5.0% to CHF 1,602.4 million. The distribution is again CHF 13.50...

NZZ – The stock markets are once again in record mood, including in the USA and Switzerland. In this country, indirect real estate investments are also on a record hunt again, as in previous years. Both the real estate shares in the SXI-Real-Estate-Shares-Broad-Index (Real-Index)...

IMMOFONDS increased income by 4.4% to CHF 36.6 million and total assets by 0.8% to CHF 1,560 million in the first half of the 2018/19 financial year. Two properties in the Zurich area complement the portfolio.

NZZ - The listed «Haus zum Trottenbaum» in Zurich, first documented in the 14th century, stands on archaeologically significant ground with Celtic and Roman remains. The review of the old finds blocked the urgently needed renovation for several years.

In the 2017/2018 financial year, the market value of IMMOFONDS properties increased by 8.3% to CHF 1,526.4 million and exceeded the CHF 1.5 billion mark for the first time. CHF 13.50 per unit will be distributed again. There are two changes on the Board of Directors of the fund management company.

The Board of Directors has appointed Stephan Ehrsam to the management of AG für Fundsverwaltung as of October 1, 2018. He succeeds René Foschi, who retires at the end of October.

In the first half of the 2017/2018 financial year, IMMOFONDS increased rental income by 2.7% to CHF 35.0 million compared to the previous year period and commissioned two new buildings.

In the 2016/2017 financial year, the market value of IMMOFONDS properties increased by 5.6% to CHF 1,409.7 million and net assets exceeded the billion mark for the first time with CHF 1,012.3 million. The distribution is again CHF 13.50 per unit. Andreas Janett will be proposed for election as Chairman of the...

The Board of Directors of AG für Fundsverwaltung has appointed Gabriela Theus as Chairman of the Management of AG für Fundsverwaltung and new head of IMMOFONDS as of October 1, 2017. She was CFO of Zug Estates Holding AG for the past five years.

The chairmanship of the management of AG für Fundsverwaltung (AGFO), the fund management company of IMMOFONDS, is being expanded to a full-time position. Dominik Weber has successfully managed AGFO in a part-time position for the past five years. He will step down as of September 30, 2017 as...