Acquisition
We review real estate opportunities according to location, quality, market conditions, financial profile, and long-term potential.
Activities
Real estate activities guided by discipline and market knowledge.
Asset value
We consider the factors that influence the value and future attractiveness of each property.
Sales
When an asset reaches the appropriate stage for sale, we use a clear and targeted process focused on identifying suitable buyers.
Market perspective
Real estate decisions require patience, analysis, and a detailed understanding of changing market conditions.
What we do
End-to-end real estate capabilities.
Development
We identify opportunities to create value through planning, redevelopment and new construction, working closely with architects, engineers, contractors and local authorities.
- Residential, commercial and mixed-use developments
- Land repositioning and planning optimisation
- Budget, timeline and construction oversight
- Sustainable design and long-term asset quality
Asset Management
Active management is essential to preserving value and improving long-term investment performance. We monitor each asset throughout its lifecycle with a focus on operational efficiency and strategic growth.
- Business plan implementation
- Leasing and tenant management
- Capital expenditure planning
- Financial reporting and performance monitoring
Investment Management
Every investment follows a disciplined process from acquisition through exit. We focus on risk-adjusted returns while maintaining alignment with our investors and financing partners.
- Investment underwriting and financial modelling
- Portfolio construction and diversification
- Capital allocation and performance monitoring
- Exit planning and value realization
Development Management
We oversee each stage of the development process to ensure projects are delivered on time, within budget and to institutional quality standards.
- Project coordination
- Contractor procurement
- Construction monitoring
- Cost control and reporting
- Risk management throughout execution
Portfolio Management
We actively review portfolio composition to maintain diversification, liquidity and long-term value creation across markets and asset classes.
- Portfolio strategy
- Performance analysis
- Capital recycling
- Risk diversification
- Hold and disposal decisions
Structures and financing
How we structure and finance real estate transactions.
Every project needs the right structure. We work with partners, co-investors and lenders through clear, documented formats, with governance rules agreed from the outset.
Joint ventures (JV)
We partner with landowners, developers and institutional investors in project-specific joint ventures, usually through a dedicated Swiss holding vehicle.
- Defined contributions: land, capital, permits or management
- Profit split in agreed tiers and priorities
- Governance: reserved matters, board seats and voting rights
- Orderly exits: drag-along, tag-along and call options
Equity participations
We invest our own capital and co-invest alongside partners in majority or minority stakes in real estate assets and property companies.
- Majority and minority shareholdings
- Capital contributions and follow-on rounds
- Shareholder agreements with information and protective rights
- Alignment through developer or manager co-investment
Debt and financing
We structure and arrange financing for acquisitions, developments and refinancings with banks and private lenders.
- Senior mortgage financing and bridge loans
- Construction facilities drawn against certified progress
- Security: mortgage, share pledge, assignment of rental income
- Customary loan-to-value and debt service coverage tests
Convertible loans
We use convertible loans where valuation still has to be confirmed, or where a project needs fast funding ahead of a definitive round.
- Fixed interest, accrued or paid periodically
- Conversion into equity at maturity or on a defined milestone
- Agreed conversion discount and valuation cap
- Cash repayment if no conversion occurs
Mezzanine and preferred capital
We cover the layer between senior bank debt and equity, priced in line with the risk taken.
- Subordinated debt and intercreditor arrangements
- Preferred return plus participation in the upside
- Maturities aligned with the project timeline
- Step-in rights in the event of default
Analysis, risk and compliance
No structure is signed without a full review of the counterparty, the asset and the applicable Swiss legal and tax framework.
- Legal, technical, tax and financial due diligence
- Identity checks, source of funds and anti-money-laundering review
- Sensitivity analysis and downside scenarios
- Documentation and regular reporting to partners
Every transaction is structured individually and documented with professional advisers.
Strategic Investments
Investing beyond real estate.
Alongside our real estate activities, we evaluate selected opportunities across technology, healthcare, consumer industries and emerging sectors. We focus on situations where our capital, structuring capabilities and long-term approach can contribute to the growth and development of a business or project. Depending on the opportunity, we may participate through joint ventures, direct equity investments, preferred equity, convertible instruments or structured financing.
FinTech
We consider businesses developing financial infrastructure, payments, wealth technology, lending platforms, digital banking solutions and other technologies transforming financial services.
- Growth and expansion capital
- Strategic equity investments
- Joint ventures with established operators
- Structured and convertible capital
Web3 & Digital Assets
We selectively evaluate companies and projects operating at the intersection of blockchain infrastructure, digital ownership, tokenization and decentralized technologies.
- Equity and strategic investments
- Joint ventures
- Growth financing
- Infrastructure and technology platforms
Gaming & Esports
We evaluate opportunities across gaming studios, publishers, technology platforms, esports organizations and gaming-related infrastructure.
- Studio and publisher investments
- IP and franchise opportunities
- Esports platforms and organizations
- Strategic growth capital
Healthcare & Life Sciences
Healthcare and life sciences represent a long-term investment area where specialist expertise, infrastructure and capital can support the development of valuable businesses and assets. Depending on the transaction, investments may combine operating-company equity with real estate, development capital or structured financing.
- Clinics and outpatient facilities
- Hospitals and specialized healthcare centres
- Diagnostic platforms
- Laboratories
- Medical technology
- Life sciences infrastructure
- Healthcare real estate
- Clinical research facilities
Cosmetics & Consumer
We evaluate established and emerging consumer businesses with differentiated products, strong brands and international growth potential. We may provide growth capital, acquire minority or majority interests, or establish joint ventures with entrepreneurs and operating partners.
- Cosmetics and beauty
- Personal care
- Wellness
- Premium consumer brands
- Manufacturing and distribution
- E-commerce and direct-to-consumer businesses
Industrial & Technology
We also consider selected opportunities in technology-enabled industrial businesses, specialized manufacturing, infrastructure and business services. Our approach is sector-flexible but opportunity-selective. We prioritize businesses with defensible competitive positions, capable management teams and identifiable paths to sustainable value creation.
What We Look For
We assess each opportunity independently, with particular attention to:
- Experienced and accountable management
- Clear business model and competitive positioning
- Strong market fundamentals
- Scalable or defensible economics
- Transparent ownership and governance
- Appropriate valuation and capital structure
- Defined path to value creation
- Realistic exit or liquidity opportunities
We remain open to opportunities outside these categories where the underlying fundamentals, management quality and investment structure meet our criteria.