AFIAA Foundation for International Real Estate Investments was founded in 2004 and has its registered offices in Zurich (Switzerland). It is subject to Swiss law on the basis of the Federal Law on Employee Pension Funds (BVG) and is supervised by the Federal Occupational Pensions Regulatory Commission.
Only tax-exempt Swiss pension funds can enter the investment foundation as investors. AFIAA Foundation offers long-term participation in a worldwide-diversified portfolio of direct investments, as well as a positive contribution to the diversification of each investor's total portfolio.
AFIAA is currently owned by 33 pension funds. It is a functional association for its own shared real estate investments. Therefore investments by AFIAA are direct investments by the pension funds.