Switzerland has a stable, modern and one of the most capitalist economies in the world. [read more...]With a population of 7.5 million and limited space, it has one of the highest per capita income in the world and a consistently low unemployment rate. Its nominal per capita GDP is higher than those of the larger western European economies as well as Japan. For much of the 20th century, Switzerland was the wealthiest country in Europe by a considerable margin.
Switzerland has an overwhelmingly private sector economy and low tax rates by Western standards, with overall taxation being one of the smallest of developed countries. It is an easy place in which to do business (it ranks 16th of 178 countries in the Ease of Doing Business Index) and is home to several large multinational corporations.
Real estate is one of the key industries in Switzerland, together with chemicals, health and pharmaceutical, measurement instruments, banking, insurance and tourism.
After penetrating the Swiss Market in 2004, we set up our own management operations and significantly developed our portfolio. Operating from our Zurich office, we today own and manage about 15 properties throughout Switzerland, with a main focus on shopping centers, office buildings and logistic centers. Switzerland has been the group’s largest market in recent years, and has achieved a consistently strong performance since inception.