Stoneweg, the Swiss-based real estate investment company - and the subject of the Big Interview in this month’s PropertyEU – has a new minority shareholder in the form of CBH Compagnie Bancaire Helvétique.
The company revealed how CBH, an international private banking group, has acquired a strategic 16% minority stake from Icona Capital, which still holds shares and first invested in the firm in December 2022.
Founding partners of Stoneweg remain the major shareholders.
In a statement, Stoneweg’s said it was part of CBH’s growth policy, which is aimed at diversifying and consolidating the group's income with long term partners.
Stoneweg will have access to CBH's financial and capital markets expertise.
Jaume Sabater, CEO of Stoneweg, said: ‘This is another important milestone in the trajectory of the business as we further diversify our shareholder base.
He added it would help deliver growth plans.
Amos Poncini, CIO of CBH, added: ‘Investing in one of the leading global real estate asset managers is an opportunity to consolidate and perpetuate the alternative investment product range we have built over the last decade. Stoneweg’s expertise in the real estate universe, as well as its unique sourcing and proven asset management capabilities, has been and will continue to be a cutting-edge investment opportunity channel for the benefit of our private and institutional clientele.’
Click here for an interview published in PropertyEU before the CBH transaction was made public.
