Vontobel Says Swiss Property Funds With Direct Ownership Can Boost After-Tax Returns

(AWP Alliance News) - Swiss real estate funds with direct property ownership can deliver after-tax returns of 4.5%, compared with 2% for funds with indirect ownership, an illustrative analysis shows. The example assumes a CHF 1 million investment earning a 5% gross return for an investor facing high personal taxes in Geneva.

With indirect ownership, investor-level income and wealth taxes total about CHF 30,000, leaving CHF 20,000 after tax. With direct ownership, taxation at the fund level totals about CHF 5,000, leaving CHF 45,000 after tax.

Both structures generate the same annual gross income of CHF 50,000, highlighting the potential impact of tax treatment on investor returns.

https://www.publicnow.com/view/E69A951F3C59E61BAC78547998D2CA63DB19EC02…

Disclaimer: This news brief was created using generative artificial intelligence. Vontobel Holding AG published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.