Strategic View: Swiss Life Asset Managers has partnered with Club Estate to launch a new prime commercial real estate strategy. The “club deal” vehicle, which has already held a first close of CHF 220 million, will target high-quality, income-generating assets in Switzerland’s most supply-constrained cities: Zurich, Geneva, Lausanne, and Basel.
Full story: The Swiss real estate market is notoriously stable, and notoriously difficult to access. Now, two powerhouses are joining forces to provide that access. Swiss Life Asset Managers, a giant in the space, is partnering with Club Estate, a specialist in real estate club deals. Their new vehicle is a masterstroke of precision investing.
This is not a broad, open-ended fund. It is a focused “club deal” strategy that has already raised CHF 220 million in its first close. The mandate is clear and compelling: acquire income-generating, high-quality commercial assets. The geographic focus is even tighter: only the “prime of the prime” in Zurich, Geneva, Lausanne, and Basel.
This strategy is a direct response to the Q2 2025 market. In these top-tier cities, supply is structurally and permanently constrained. This creates a “landlord’s market,” with persistent high occupancy and strong rental power. For the institutional and family office investors in this club, this translates into one thing: stable, long-term, inflation-protected value.
By launching this as a club deal, Swiss Life and Club Estate are offering something more than just a product. They are offering access. This partnership creates a new platform that combines Swiss Life’s deep market knowledge and deal flow with Club Estate’s agile, investor-focused structure. It’s a powerful alliance built for one of the world’s most exclusive real estate markets.
Summary:
This new Swiss Life/Club Estate partnership is a high-pedigree club deal targeting Switzerland’s most stable assets. It matters because it shows how even the largest asset managers are using the “club” structure to offer exclusive, focused access to supply-constrained markets, attracting CHF 220M in its first close.
Source: Swiss Life Asset Managers
