Investors' capital allocation into office and residential markets in ...

UBS
UBS is one of the world’s leading financial firms, serving a discerning international
client base. UBS is leading global investment banking and securities firm and one of the
largest global asset managers. In Switzerland, UBS is the market leader in retail and
commercial banking.
UBS has three main businesses such as
• Global Wealth Management and Business Banking. Its Swiss retail and
corporate banking business provides a complete set of banking and securities
services for domestic individual and corporate clients.
• Global Asset Management. Investment capabilities comprise traditional assets,
particularly equities, fixed income and asset allocation, alternative and
quantitative investments such as multi-manager funds, funds of hedge funds and
hedge funds as well as real estate.
• Investment Banking. UBS provides securities products and research in equities,
fixed income, rates, foreign exchange, energy and metals. It also provides access
to the world’s capital markets for corporate, institutional, intermediary and
alternative asset management clients.
UBS has four real estate funds under management, such as “Sima”, “Swissreal”, “Anfos”
and “Foncipars”.
Sima fund invests both in residential and commercial properties in Switzerland. The fund
is focused on the large conurbations. The main objective of the fund is to generate returns
in line with the market. Net fund’s assets are CHF 3 672.97 million. Geographically, fund
is active in Canton Zurich (51.1 per cent), Canton Geneva (8.8 per cent), Canton Basel
City/ Country (12.9 per cent). Fund’s property portfolio contains residential property
(48.3 per cent), commercial property (38.0 per cent), and mixed buildings (11.7 per cent),
land/buildings under construction (2.0 per cent).
Swissreal fund invests primarily in Swiss commercial property in large cities. Fund’s net
assets are CHF 606.18 million. Geographically, the fund is active in Canton Zurich
(29.3 per cent), Canton Basel City/ Country (16.1 per cent), Canton Vaud (16.0 per cent),
Canton Geneva (14.9 per cent), Canton Bern (11.7 per cent). Property portfolio of the
fund contains commercial buildings (78.8 per cent), land buildings under construction
(13.0 per cent), mixed buildings (6.2 per cent) and residential property (2 per cent).
Anfos fund invests in residential property in German-speaking Switzerland in large cities.
Fund’s net assets are CHF 1 007.31 million. Geographically, fund invests in Canton
Zurich (38.2 per cent), Canton Basel City/ Country (26.0 per cent), Canton Bern
(11.1 per cent), Canton Lucerne (4 per cent). Fund property portfolio contains residential
property (74.2 per cent), mixed buildings (10.2 per cent) and land/buildings under
construction (2.6 per cent).
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