# Direct Residential Real Estate Funds in Switzerland
**URL:** https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092
**Category:** Real Estate
**Created:** [June 27, 2024, 5:47am UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092 "2024-06-27T05:47:38Z")
**Posts on this page:** 20
**Page:** 13
### Author:  [@rolandinho](https://forum.mustachianpost.com/u/rolandinho)
#### Post date: [December 2, 2024, 2:35pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/309 "2024-12-02T14:35:12Z")
> [@DRPF](#):
>
> 1000 CHF bill circulation always jumps in Dec
I think that’s just all those envelopes going back and forth at Xmas. I only get around to depositing my Ameislis \*\* begin Jan, when I have more time again.
\*\*
---
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [December 4, 2024, 7:52pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/312 "2024-12-04T19:52:35Z")
I don’t know how to see this asset going forward.
UBS themselves are claiming that they are overvalued. I wanted to add some more but I guess I need to wait to understand what should be the right way to invest in Swiss RE.
I see some funds at lower AGiO and some at higher AGIO even with similar residential component. Don’t quite understand how is market actually valuing these funds and on what basis
Helvetia Swiss PF has agio less than 20% , DRPF more than 35%, CSLP 40%.
If someone can share some insights , that would be great.
---
### Author:  [@REandSTOCK](https://forum.mustachianpost.com/u/REandSTOCK)
#### Post date: [March 4, 2025, 6:10pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/313 "2025-03-04T18:10:21Z")
Shareholders of about 6% of the shares of UBS Hospitality had previously asked in 2023 to have their shares reimbursed at NAV. It will happen at the end of the month.
That means they couldn’t have sold at the new premium in the meantime and these shares won’t take part in the merger. Good news for holders of Living Plus and Direct Residential I guess
---
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [March 4, 2025, 9:48pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/314 "2025-03-04T21:48:40Z")
If they couldn’t sell their stock, then how was the price moving up ?
Anyhow NAV of RE funds don’t change much often as price . So not sure what’s the impact
When is this thing going to be finished? Any idea?
---
### Author:  [@REandSTOCK](https://forum.mustachianpost.com/u/REandSTOCK)
#### Post date: [March 4, 2025, 10:38pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/315 "2025-03-04T22:38:43Z")
I was talking about the 6% of shares that were “locked”. The fact that they could not sell them on the market might have helped the price to go up actually
---
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [March 28, 2025, 10:42pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/316 "2025-03-28T22:42:59Z")
I noticed that some of the UBS Direct RE funds have been renamed and there is an announcement that management fees would be reduced to 0.54% for the UBS Real estate funds
But I didn’t see anything about if these funds would continue to operate as individual entities or they will be converted into one entity & shares would be converted.
Anyone know what is going on?
---
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [March 28, 2025, 10:47pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/317 "2025-03-28T22:47:53Z")
If anyone owns ERRES , then following is some info about planned capital increase
I have this ETF via IBKR. How would I get notified of this action? Is every shareholder offered a chance to participate in capital increase or its only valid for registered shareholders ?
> **[year-end-dates-and-capital-increase.pdf](https://www.edr-realestatesicav.ch/publications-en/documents/communiques-en/ad-hoc-announcement/year-end-dates-and-capital-increase.pdf)**
>
> 83.17 KB
---
### Author:  [@assemblyrequired](https://forum.mustachianpost.com/u/assemblyrequired)
#### Post date: [March 29, 2025, 7:08am UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/318 "2025-03-29T07:08:43Z")
UBS announced they’ll merge the funds in 2025, so they’ll probably not ready yet.
---
### Author:  [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)
#### Post date: [March 31, 2025, 1:52pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/319 "2025-03-31T13:52:18Z")
Are these direct RE funds a good asset to own in retirement? For those people who retire early and so don’t get paid an annuity and so need to generate or manufacture retirement income. i.e. CHF income generating assets? Not sure what the typical yield is for these.
---
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [March 31, 2025, 2:00pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/320 "2025-03-31T14:00:37Z")
Typical yield is 2-2.5% tax free.
---
### Author:  [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)
#### Post date: [March 31, 2025, 2:22pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/321 "2025-03-31T14:22:19Z")
> [@DRPF](#):
>
> CH0026465366
Hmm. I guess that is not too bad. Though I guess I should have bought a few years ago, the price seems to have gone up quite a lot in recent years.
---
### Author:  [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)
#### Post date: [March 31, 2025, 2:28pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/322 "2025-03-31T14:28:24Z")
Have these mergers happened yet?
Did STA really jump in value from 100 to 150 in the last 6 months?
---
### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [March 31, 2025, 2:44pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/324 "2025-03-31T14:44:51Z")
No not yet, the first ones are for later this year.
---
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [March 31, 2025, 3:09pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/325 "2025-03-31T15:09:15Z")
That’s true
But I think such funds should be bought with long term view.
In long term they tend to follow the swiss real estate market but in short term they are very volatile
My expected return assumption is
**Yield** + **capital appreciation** which should be atleast in line with inflation
---
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [April 9, 2025, 7:35am UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/327 "2025-04-09T07:35:55Z")
Now available at 10% discount
DRPF
---
### Author:  [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)
#### Post date: [April 9, 2025, 7:48am UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/328 "2025-04-09T07:48:35Z")
I’ll buy when I get another 20% discount on top.
---
### Author:  [@ma0](https://forum.mustachianpost.com/u/ma0)
#### Post date: [April 9, 2025, 9:37am UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/329 "2025-04-09T09:37:30Z")
I’ll repeat every time.. but this kind of funds are worse than tobacco and firearm funds, especially if you live in “hot” markets like Zurich and co.
---
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [April 9, 2025, 10:07am UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/330 "2025-04-09T10:07:53Z")
What does it mean. ?
---
### Author:  [@ma0](https://forum.mustachianpost.com/u/ma0)
#### Post date: [April 9, 2025, 10:58am UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/331 "2025-04-09T10:58:10Z")
They push prices up. On Residential, they just keep building with the most modern and expensive stuff to justify prices. On non-residential is a bit more complex.
---
### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [April 23, 2025, 12:55pm UTC](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092/332 "2025-04-23T12:55:58Z")
Looks like DRPF will no longer be merged: [https://www.swissfunddata.ch/sfdpub/docs/a14-8512-20250422-fr.pdf](https://www.swissfunddata.ch/sfdpub/docs/a14-8512-20250422-fr.pdf)
[Previous page](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092.md?page=12)
[Next page](https://forum.mustachianpost.com/t/direct-residential-real-estate-funds-in-switzerland/13092.md?page=14)