As at 1 February 2021, UBS Fund Management (Switzerland) AG took over the fund management of the listed Swiss real estate fund Residentia. The direct invested real estate fund focuses on investments in residential properties across southern Switzerland.
Residentia has just published its annual report as at 31.12.2020, which was prepared under the responsibility of the previous fund management company FidFund Management SA. Despite the challenging environment, the fund achieved solid results. The distribution will be increased to CHF 3.00.