Admicasa establishes fund management company and launches its own real estate fund
Admicasa Holding AG has scored a major success: the Financial Market Supervisory Authority FINMA has granted Admicasa a licence as a fund management company. The Group management has thus completed the establishment of the company Admicasa Fondsleitung AG and is launching its first own real estate fund. Management is aiming to launch the Admicasa Real Estate Fund before the end of the year. The fund concentrates on the acquisition of properties in prime locations in B-cities. and is aimed in particular at family offices and qualified investors.
The management plans to launch another real estate fund by the beginning of 2024. This is aimed at municipalities that are involved in the construction of public facilities such as schools, hospitals and homes and aim to build affordable housing.
With this step, the Admicasa Group is broadening its horizons: Admicasa develops, realises and manages real estate, with the management segment targeting institutional investors in particular. With the fund management segment, Admicasa is now also targeting a wider circle of investors.
Beat Langenbach will take over as Chairman of the Board of Directors of Admicasa Fondsleitung AG. The accomplished entrepreneur is the founder of a successful brokerage company and former Chairman of the Admicasa Group.
Beat Langenbach will be assisted by three high-calibre members of the Board of Directors: Professor Michael Trübestein is head of the Real Estate Management course at the University of Lucerne and holds various directorships in the real estate industry. Thomas Bergmann has many years of experience as an entrepreneur in the real estate industry
In the real estate industry. And Walter Keller brings two decades of experience in the fund industry, including as Head of Custodian Bank at BNP Paribas.
With Peter Csoport, Admicasa was able to gain a proven investment and real estate specialist who will lead the operational business of the fund management as CEO.
The Swiss financial centre now has 53 licensed fund management companies. A majority of these are large banks and insurance companies. The new Admicasa Fondsleitung AG belongs to the exclusive group of medium-sized and independent fund management companies. “Now a broad range of investors can participate in the added value we create in the real estate industry with creative solutions,” says Serge Aerne, Chairman of the Board of Directors of the Admicasa Group. “We want to shake up the market.”