Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
The properties, located in and around Lausanne and Montreux, have a gross rental yield exceeding 4.3% and an annual income of CHF 6 mln (€6.4 mln).
Stéphane Bonvin, CEO of Investis, commented: ‘The newly acquired residential properties are an ideal complement to our existing portfolio. They are all located in urban areas with first-class infrastructure and offer attractive potential for rent increases.’
Including recent acquisitions, Investis spent CHF 298 mln (€320 mln) on properties in the second half of 2024, raising its gross rental income by CHF 16.8 mln (€18.0 mln).
The company increased its credit facilities by CHF 225 mln (€241.6 mln), bringing its total financing to CHF 600 mln (€644.3 mln).
Investis’s investment portfolio is primarily (90%) comprised of centrally located, mid-priced residential properties in the Lake Geneva region, a region that stands out for its low vacancy rate (0.46%, below the national average of 1.15%) and high population density (12,796 inhabitants per km2, double that of Basel, Zurich, and Lausanne).
