Zurich-based UBS and Invesco will cooperate on tailor-made real estate investment mandates for wealthy clients, the two said in a statement on Monday. Specifically, Invesco will offer access to its real estate strategies, selected co-investments or direct real estate investments worldwide to clients in Switzerland and some other markets in Europe and Asia.

UBS said the move aims to address growing demand from wealthy clients for income-producing strategies with a stable return profile. It is the latest such partnership by the Swiss bank to tap customized investments, like private equity or debt markets.