AFIAA realises 2nd UK investment
05.08.2010 AFIAA is expanding its portfolio with an anti-cyclical investment in a first-class property in Edinburgh. The brand-new building from the local developer Gladedale Capital Ltd, called “Quartermile 2”, is part of a multi-award winning development project in the second largest financial centre of the United Kingdom.
Press release 20100805 (PDF, 98 KB)
“Quartermile 2”, EdinburghInvestment in a prestige building in Brisbane
26.03.2010 AFIAA is expanding the portfolio of the Global Investment Group with another commercial property in Australia. The brand new building, located in the heart of the bustling metropolis of Brisbane, is highly energy-efficient and its six “Green Stars“ represent the top environmental rating. Long-term leases with first-class tenants offer a high, stable cashflow and overall returns on capital which, at over 7.5 % p.a. net, are far above average.
Press release 20100326 (PDF, 170 KB)
HQ South, Brisbane, Australia
AFIAA
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 Office for Social Security (BSV). 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 18 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.
