SFP AST Swiss Real Estate: Acquisition of 14 Residential Properties Marks the Next Stage of Growth
The SFP AST Swiss Real Estate (SFP AST SRE) investment group is consistently pursuing its growth strategy. With the acquisition of 14 residential properties comprising 244 flats in the second quarter of 2026, it is strengthening its position in the Swiss residential property market.
SFP AST SRE is continuing to expand the residential component of its portfolio, with a target allocation of 60% residential and 40% commercial properties.
In the second quarter of 2026, the investment group acquired a total of 14 residential properties. The focus is on a residential portfolio comprising eleven properties and a total of 195 flats. Nine of these properties are located in Winterthur and comprise around 155 flats. The portfolio is complemented by one property each in Opfikon (ZH) and in the city of Zurich. In addition, the investment group acquired two residential properties in the city of Zurich comprising 29 flats, as well as a development in Adliswil (ZH) comprising 20 flats spread across three apartment blocks. These acquisitions increase the investment group’s housing stock by around 24% to 1 253 flats.
Furthermore, a new-build project for the construction of 38 flats in Uster (ZH), due to commence in autumn 2026, was officially approved.
As part of a portfolio rationalisation, the residential property in Füllinsdorf (BL) was sold as at April 2026. This resulted in a profit of CHF 1.9 million for the investors. Overall, the loan-to-value (LTV) ratio has increased to 19% as a result of the measures implemented.
Portfolio Strategically Enhanced
With these acquisitions, SFP AST SRE is strengthening its presence in regions with high demand and long-term growth potential.
More than 85% of the portfolio’s properties are already located in major cities and their surrounding agglomerations (mixed KGAST approx. 65%). Through these new acquisitions, the portfolio management team is further consolidating this positioning.
With the development properties already secured – which will be integrated into the portfolio upon completion in autumn 2026 – SFP AST SRE has an attractive pipeline for the coming years. Further projects will follow in stages in years 2027 and 2028. The overview below shows the development properties currently secured, as well as their planned transfer dates into the portfolio.
| Property | Start | Purchase Price | Share of Usage | Gross Yield | Certification |
| St. Gallen, Fürstenlandstrasse 119 | 1 October 2026 | 21 000 | 91% Residential | ~ 4.0% | Minergie A Eco |
| Ebmatingen, Zürichstrasse 111 | 1 October 2026 | 18 300 | 100% Residential | 2.9% | |
| Zurich, Flüelastrasse 30 | 1 November 2026 | 90 000 | 100% Commercial | 4.3% | SNBS Platinum & Minergie P |
| St. Gallen, Taubenstrasse 4 | Q4 2027 | 24 200 | 100% Residential | 3.6% | Minergie |
| Zurich, Langgrütstrasse 120 | Q1 2028 | 62 200 | 100% Residential | ~ 2.9% | DGNB Gold |
| Zurich, Seebacherstrasse 53/55 | Q3 2028 | 30 500 | 100% Residential | ~ 3.4% | Minergie Eco |
| Total | 251 700 | 63% Residential | ~ 3.6% |
The development pipeline highlights SFP AST SRE’s ability to identify suitable investment properties at an early stage and successfully secure them. With this secured development pipeline, the investment group is laying the foundations for further sustainable growth and the long-term, attractive development of the portfolio.
You can find more information about the project on Flüelastrasse via this link.
Contact
Head Direct Foundations
Portfolio Manager Real Estate Direct
SFP AST Swiss Real Estate
Managing Director
SFP Investment Foundation
Head Shared Services