Patrimonium
Deal News | Nov 20, 2024 | Zurmont Management AG
Patrimonium Investment Foundations in Switzerland has successfully completed capital increases for its Swiss Residential Properties and Swiss Healthcare Properties investment groups, bringing in a total of CHF 131.1 million. This capital will support ongoing and future development projects. The Swiss Residential Properties investment group raised CHF 104.5 million, surpassing its target due to an improved market environment and an attractive development pipeline. This capital is allocated for renovation projects and acquisitions. The Swiss Healthcare Properties group raised CHF 26.6 million to boost its growth strategy, financing projects including new housing for the elderly and a health center, with an investment volume exceeding CHF 100 million. According to Ruedi Stutz, Director of Patrimonium, the strong demand reflects investor confidence and the attractiveness of Swiss real estate, especially for pension funds.
Sectors
- Real Estate Investment
- Healthcare Real Estate
- Pension Fund
Geography
- Switzerland – The article highlights investment activities within Swiss real estate, indicating the geographical focus on Switzerland.
Industry
- Real Estate Investment – Relevant due to the focus on real estate investment groups raising capital for development projects.
- Healthcare Real Estate – Pertinent due to the mention of the Swiss Healthcare Properties investment group's activities and projects.
- Pension Fund – Relevant since the primary investors are Swiss pension funds.
Financials
- CHF 100 million – Total subscriptions received by the Swiss Residential Properties investment group.
- CHF 26.6 million – Capital raised by the Swiss Healthcare Properties investment group.
- CHF 131.1 million – Total capital raised by both investment groups.
- CHF 1.4 billion – Total real estate assets managed by Patrimonium Investment Foundation.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Zurmont Management AG | PE Firm | Company | Private equity firm involved in the investment process. |
| Patrimonium Investment Foundation | Target Company | Company | Manages real estate assets and conducted the capital increases for its investment groups. |
| Ruedi Stutz | Director | Person | Director of the Patrimonium Investment Foundation. |