Niederer Kraft & Frey advises Swiss Prime Site in connection with its successful launch of the Swiss Prime Investment Foundation with a primary issuance of CHF 550 million. Notenstein acted as distribution agent. The proceeds of the offering are invested in a real estate portfolio by the Swiss Prime Investment Foundation. The setting up of the investment foundation comprised a regulatory product approval proceeding before the Occupational Pension Supervisory Commission (OPSC). In addition, NKF advised Swiss Prime Site with respect to obtaining an asset management license regarding real estate asset management for pension funds from OPSC.

The NKF Team was led by Sandro Abegglen (Lead Partner) and Luca Bianchi (Associate, Financial Products/Regulatory). It further comprised François M. Bianchi (Partner, Regulatory), Yannick Wettstein (Associate, Regulatory), Manuel Werder (Partner, Corporate), Thomas Hochstrasser (Associate, Regulatory), Markus Kronauer (Partner, Tax) and Laurence Uttinger (Senior Associate, Tax/Pensions).