Swiss Life Asset Managers is taking over the portfolio and asset management of a restructured residential real estate portfolio for VBL. With governance strength, many years of residential expertise and a fully digital real estate platform, Swiss Life Asset Managers manages investments, portfolio development and decarbonisation in a long-term and transparent manner.
The Versorgungsanstalt des Bundes und der Länder (VBL) is restructuring parts of its residential real estate portfolio and contributing them to the “Via Nova Wohnen” real estate fund. The aim is to secure the portfolio in the long term, to develop it further in a targeted manner and to manage the growing requirements – especially in the area of climate protection – in a structured manner.
As part of this realignment, Swiss Life Asset Managers in Germany was mandated with Portfolio and Asset Management. Swiss Life Asset Managers contributes its many years of experience in the management of large residential real estate portfolios and is responsible for the professional management of the portfolio structure in line with VBL’s long-term goals.
Structured management of complex residential portfolios
The new fund structure creates the basis for a bundled, transparent and long-term management of the housing stock. It makes it possible to plan investments, renovation and modernisation measures as well as the further development of the portfolio across the board and to consistently align them with VBL’s strategic objectives. A central focus is on the gradual decarbonisation of the portfolio and the long-term sustainability of the properties.
Positioning in third-party asset management
“The realignment of VBL’s residential portfolio shows the added value that professional third-party asset management can provide in complex portfolio structures,” says Holger Matheis, CEO of Swiss Life Asset Managers in Germany. “Institutional owners are faced with the challenge of making their residential real estate portfolios fit for the future in the long term. This is exactly where we come in: with clear governance, integrated management and a reliable basis for decision-making over the entire life cycle of a portfolio. The mandate of the VBL underlines this claim.
Christina Schädler, Head Real Estate at Swiss Life Asset Managers in Germany, explains: “VBL’s mandate is about the structured management of a large residential real estate portfolio over many years. This requires reliable data, clear processes and an integrated view of investments, decarbonisation and portfolio development. This is the core competence of our portfolio and asset management and our leading digital real estate platform also supports us in this.”
With this mandate, Swiss Life Asset Managers confirms its expertise as an experienced partner for institutional owners in the field of third-party portfolio and asset management and further expands its role in the structured further development of large residential real estate portfolios.
Digital platform as a foundation for transparency and planning security
Swiss Life Asset Managers manages the mandate via a Europe-wide, fully digital real estate platform. The platform ensures efficient asset management and uniform processes, makes data and developments transparent, and accelerates and automates central processes. On this basis, institutional owners receive the greatest possible transparency about their holdings.
The contribution of the fund expressly does not constitute a sale. VBL remains the beneficial owner of its fund shares and retains strategic control over the portfolio. There will be no changes for the tenants: tenancies, management and known contact persons on site will remain unchanged. The adjustments only affect the structure in the background.
