Swiss Life Real Estate Funds (LUX) S.A., SICAV-SIF – ESG European Industrial & Logistics
“Swiss Life Real Estate Funds (LUX) S.A., SICAV-SIF – ESG European Industrial & Logistics”, launched jointly with Swiss Life Asset Managers in 2020, focuses on high-quality industrial and logistics properties in Europe and is aimed at both institutional clients in Germany and international investors.
Megatrends such as e-commerce, urban logistics, Industry 4.0 and deglobalisation offer high growth potential in the future. In the first half of 2022, the geographical allocation in France was expanded through the purchase of a logistics property of a very high standard. It is characterised in particular by its third-party usability, even though the space is currently only let to one user.
Close cooperation with Swiss Life Asset Managers brings Europe-wide success
In the second half of 2022, two light industrial properties were acquired in the Netherlands that are characterised by high energy quality. While one of the properties is the first property acquired for the fund to be certified as a green building, the property located in Amsterdam was recommended due to its operational net positive.
Both assets were acquired as all-equity. The deals were combined with a further LTV reduction, so that the target LTV of max. 33% was not reached and there is thus scope for any market risks.
Further information and mandatory documents can be found here.