«How important is it that we ring the bell exactly at 9 a.m.?,» asks Maximilian Hoffmann (CIO of Swiss Prime Site Solutions) to the day's ceremony master at SIX Marco Mautone (Senior Sales Manager Buy-Side). The reply: «Just roughly around 9:00.»

finews was present on Tuesday morning at the SIX headquarters on Pfingstweidstrasse as the «Swiss Prime Site Solutions Investment Fund Commercial» (SPSS IFC) started trading for the first time on SIX Swiss Exchange.

SIX Building Now Owned by SPS

At the festive bell-ringing ceremony, attended by around thirty investors, business partners and employees of Swiss Prime Site and its subsidiary SPSS, Hoffmann pointed out that the IPO of the fund coincides with SPS’s acquisition of the SIX building.

He looked back on 25 years of shared history: in 2020, SPS had ventured onto the stock exchange with a total property volume of 500 million. Today, it manages a portfolio of 27 billion francs, 13 billion of which is held on its own balance sheet.

Record Month for Real Estate Funds

Simone Hollenwäger, Head of Capital Markets Advisory at ZKB, which accompanied the fund IPO as lead manager, sees it as a «signal of the attractiveness of the indirect real estate market,» pointing also toward the future.

SIX representative Marco Mautone picked up this argument, outlining the environment for indirect real estate investments: around 50 such funds are listed on SIX today, ranging from 190 million to 12.2 billion francs. October 2025 was the strongest trading month in history, with turnover reaching 1.15 billion francs. According to Mautone, real estate funds make an important contribution to portfolio returns. The entire segment delivered 9 percent last year.

Upcoming Inclusion in Indexes

With the IPO, SPSS IFC is now freely accessible to all investors. Previously, like many investment solutions from Swiss Prime Site Solutions (SPSS), it was reserved for institutional investors. In the first trading days, inclusion in the «SXI Real Estate Broad» and «SXI Real Estate Funds Broad» indexes is expected.

SPSS is the asset management arm of the listed SPS, one of Switzerland’s leading real estate companies. Accordingly, the listing represents an important step for the group’s fund platform.

Focus: High-Yield Commercial Properties

Launched in 2021, the fund invests in high-yield Swiss commercial properties and currently holds a portfolio with a market value of just under 500 million francs. According to SPSS, the growth strategy will be continued.

CIO Maximilian Hoffmann, emphasized that the listing «creates the ideal basis for sustainable growth». Going public increases transparency, liquidity and enables broader investor access.

Strong Historical Figures

For the 2024/2025 financial year, SPSS IFC shows an investment return of 6.4 percent (previous year: 4.6 percent). The distribution was increased for the third year in a row and now stands at 5 francs per unit.

Alongside Hoffmann, Anastasius Tschopp, CEO of SPS Solutions, attended the listing. The group’s future CEO as of January 2026, Marcel Kucher, was also present. Until now, he has served as SPS’s Chief Financial Officer.