Property One Group

FAQ

What is the fund’s investment strategy?
Property One offers interested investors access to investments in subordinated loans backed by real estate located in Switzerland as collateral (private real estate debt). Investors can use the fund to participate in a diversified portfolio of subordinated real estate loans.

 

What is the fund’s legal form?
The fund has been launched as a contractual fund under Swiss law that is associated with a particular risk, and is aimed exclusively at qualified investors.

 

Has the fund been authorised for distribution by the FINMA?
Yes, the fund has been approved by the FINMA and is authorised for distribution to qualified investors in Switzerland.

 

Who manages the fund?
The fund is managed by a specialist team within Property One Investors AG that focuses on subordinated real estate loans on the Swiss market.

 

Who can buy units in the ONE Real Estate Debt Fund?
The group of eligible investors is restricted to qualified investors domiciled in Switzerland.

 

Are there any restrictions on sale?
Units in the ONE Real Estate Debt Fund cannot be offered, sold or delivered within the US or its territories. Units in this collective investment scheme cannot be offered, sold or delivered to US citizens or persons resident or incorporated in the US and/or to other natural persons or legal entities whose income and/or revenues, irrespective of their origin, are subject to US income tax.

 

How many unit classes does the fund have?
Three types of unit classes with different minimum investment volumes are offered. The unit classes are distributing unit classes.

  • Share class: DF | Securities number: 53728281
    (was closed as planned 6 months after launch)
  • Share class: DI | Securities number: 53728282
  • Share class: DC | Securities number: 53728283

 

How often are the units valued?
The fund units are valued on a quarterly basis. The fund units have a securities number (see above) and can be subscribed to via a bank, a financial advisor or an electronic platform. Subscriptions must be placed approximately 2 weeks before the end of each quarter. Depending on the bank details, a third-party bank declaration must be available.

 

How often can I subscribe to units in the fund?
Units can be subscribed to on a quarterly basis.

 

Are units available in different currencies?
Fund units are only issued in CHF.

 

How many unit classes does the fund have?
Three types of unit classes with different minimum investment volumes are offered. The unit classes are distributing unit classes.

 

How often and when are distributions made?
Annual distributions are made once the annual financial statements have been drawn up.

 

What is the tax value of a unit in the ONE Real Estate Debt Fund?
The tax value is published every year by the Federal Tax Administration (FTA).

 

How is the investment process structured?
Investments in a loan/the granting of a loan are made from the ONE Real Estate Debt Fund in line with a predefined process. This process involves not only the potential borrower, but also primarily the asset manager and the fund management company. The structured process offers investors and the other parties involved the highest possible level of security combined with a very attractive target return.

 

What sort of performance is our product expected to report in the medium term?
We expect to see medium-term target performance of around 5% p.a. (in CHF), net of expenses.

 

What does the risk management system look like?
The risk management system works at various levels. It encompasses not only the company, product and investment level, but also the various parties involved.

 

What collateral is used to back the loans?
The loans are always backed by at least one lien on immovable property entered in the land register. The collateral for the loan is always land/real estate whose quality and value are checked before the investment is made.

 

What happens if the borrowers don’t pay the interest?

This first step involves taking recovery measures to restore the normal loan payment status. In the event that the interest and the loan cannot be serviced, the last resort is always to realise the lien by taking measures under bankruptcy law.