Wüest Indices Latest developments in the real estate market

Indices, adjusted for dividend payments, for shares of listed real estate companies (WUPIX-A) and listed real estate funds (WUPIX-F) together with index for real estate investment foundations (KGAST property index). The Swiss Performance Index (SPI) is also posted for comparison purposes.

WUPIX-A and WUPIX-F are registered brand names belonging to Wüest Partner AG. The indices were calculated by Wüest Partner AG to the best of its knowledge and belief using internationally recognized standards. Wüest Partner reserves the right to amend or correct the indices at any time, also with retrospective effect. No liability shall be accepted for losses resulting from any changes.

The data may not be used particularly as a basis for financial instruments (including passively managed funds and index-dependent derivative securities) or for checking other data or indexes without prior written consent of Wüest Partner AG.

Further details on WUPIX® are provided in the methodology (german).

Current index components (2024-09-30)

WUPIX-A Market capitalisation Weight
Swiss Prime Site AG 7'332'620'738 29.07%
PSP Swiss Property AG 5'683'031'695 22.53%
Allreal Holding AG 2'634'939'975 10.44%
Mobimo Holding AG 1'978'813'523 7.84%
Investis Holding SA 1'401'600'000 5.56%
Intershop Holding AG 1'134'300'000 4.50%
Zug Estate AG 851'629'000 3.38%
HIAG Immobilien Holding AG 839'926'800 3.33%
EPIC 747'897'502 2.96%
PLAZZA AG 584'640'000 2.32%
Warteck Invest AG 538'312'500 2.13%
FUNDAMENTA REAL N 477'999'045 1.89%
NOVAVEST 342'759'836 1.36%
INA INVEST AG 331'229'080 1.31%
SF Urban Properties 257'669'614 1.02%
Zueblin Immobilien Holding AG 90'250'334 0.36%

WUPIX-F Market capitalisation Weight
UBS SWISS SIMA 10'720'469'391 17.08%
CS REF SIAT 3'904'061'560 6.22%
UBS SWISS ANFOS 3'238'813'507 5.16%
CS REF LIVING PLUS 3'159'406'149 5.03%
SWISS LIFE REF (CH) SWISS PROPERTIES 2'559'600'000 4.08%
ROTHSCHILD REAL ESTATE SICAV 2'469'858'622 3.94%
CS REF GREEN PROPERTY 2'395'044'220 3.82%
LA FONCIERE 2'073'676'699 3.30%
IMMOFONDS 2'070'406'128 3.30%
UBS FONCIPARS 1'952'423'305 3.11%
SWISSCANTO IFCA 1'932'847'522 3.08%
SOLVL 61 PRT 1'782'637'472 2.84%
REALSTONE 1'737'306'085 2.77%
SCHRODER IMMOPLUS 1'730'191'266 2.76%
FIR 1'722'818'566 2.75%
UBS SW SWISSREAL 1'665'649'398 2.65%
CS REF INTERSWISS 1'632'181'384 2.60%
Procimmo Real Estate SICAV 1'563'670'400 2.49%
IMMO HELVETIC 1'308'000'000 2.08%
BONHOTE IMMOBILIER 1'231'069'455 1.96%
SWISSINVEST REAL 1'073'044'196 1.71%
SF SUSTAINABLE PROPERTY FUND 1'064'686'491 1.70%
PATRIMONIUM SWISS REF 992'609'983 1.58%
UBS DIRECT RESIDENTIAL 975'776'697 1.55%
BALOISE SWISS PF 975'556'520 1.55%
CS REF LOGISTICSPLUS 824'000'000 1.31%
CRONOS IMMO FUND 781'943'629 1.25%
SF RETAIL PF 732'240'000 1.17%
CS REF HOSPITALITY 708'537'799 1.13%
SWISSCANTO REF SWISS COMM 520'260'500 0.83%
UBS DIRECT URBAN 509'334'188 0.81%
DOMINICÉ SWISS PF 486'550'000 0.78%
PROCIMMO RESIDENTIAL LEMANIC FUND 417'077'343 0.66%
HELVETICA SWISS COMMERCIAL 408'295'845 0.65%
GOOD BUILDINGS SWISS REF 306'900'000 0.49%
SWISS CENTRAL CITY REF 296'561'460 0.47%
SUISSE ROMANDE PF 267'305'683 0.43%
STREETBOX REAL ESTATE FUND 215'641'630 0.34%
SF COMMERCIAL PF 196'320'000 0.31%
RESIDENTIA 158'737'261 0.25%

KGAST property index Assets Weight
AXA 8'918'916'000 12.15%
Swisscanto Immobilien Schweiz 8'895'329'000 12.12%
CSA Real Estate Switzerland 6'235'201'900 8.49%
Turidomus Casareal (Wohnimmobilien) 4'512'510'000 6.15%
Swiss Life Immobilien Schweiz ESG 3'883'189'300 5.29%
Zürich Immobilien - Wohnen Schweiz 3'490'221'467 4.75%
Avadis Immobilien Schweiz Wohnen 3'478'718'200 4.74%
Swiss Prime SPA Immobilien Schweiz 2'864'600'000 3.90%
UBS Immobilien Schweiz 2'709'338'300 3.69%
Pensimo Casareal (Wohnimmobilien) 2'329'740'000 3.17%
Swiss Life Geschäftsimmobilien Schweiz ESG 1'862'062'800 2.54%
ASSETIMMO W (Wohnliegenschaften) 1'849'170'000 2.52%
Turidomus Proreal (Geschäftsimmobilien) 1'519'530'000 2.07%
Turidomus Urban and Mixed Use 1'422'140'000 1.94%
Ecoreal Suissecore Plus 1'317'000'000 1.79%
CSA Real Estate Commercial 1'191'939'800 1.62%
CSA Real Estate Switzerland Residential 1'101'440'600 1.50%
Tellco Immobilien Schweiz 1'087'272'700 1.48%
HIG Immobilien Schweiz 1'066'654'300 1.45%
1291 - Immobilien Schweiz 1'056'430'000 1.44%
Avadis Immobilien Schweiz Geschäft 900'679'100 1.23%
Helvetia Immobilien Schweiz 801'974'700 1.09%
Zürich Immobilien - Geschäft Schweiz 763'650'580 1.04%
ASSETIMMO G (Geschäftsliegenschaften) 742'926'000 1.01%
Sarasin Nachhaltig Immobilien Schweiz 741'463'833 1.01%
Patrimonium Wohnimmobilien Schweiz 735'017'243 1.00%
Zürich Immobilien - Traditionell Schweiz 724'227'907 0.99%
SFP - Swiss Real Estate 648'872'000 0.88%
Helvetia Immobilien Romandie 643'444'200 0.88%
Fundamenta - Swiss Real Estate 636'453'700 0.87%
UBS Kommerzielle Immobilien Schweiz 622'760'000 0.85%
Ecoreal Suisseselect 551'000'000 0.75%
Swiss Life Alter und Gesundheit Schweiz 538'700'200 0.73%
Pensimo Proreal (Geschäftsimmobilien) 513'300'000 0.70%
Adimora Omega (Wohnimmobilien) 407'890'000 0.56%
Greenbrix Housing 378'146'900 0.52%
Patrimonium Gesundheitsimmobilien 360'517'767 0.49%
IST - Immobilien Schweiz Fokus 333'952'900 0.45%
IST - Immobilien Schweiz Wohnen 328'023'500 0.45%
Avadis Immobilien Schweiz Wohnen Mittelzentren 299'551'200 0.41%
DAI - Gewerbeimmobilien Schweiz DAGSIS 261'700'000 0.36%
Realstone Wohnimmobilien Schweiz 220'707'237 0.30%
avenirplus - Immobilien 185'903'303 0.25%
Terra Helvetica - Wohnen Schweiz 125'290'000 0.17%
Prisma - Previous Responsible Residential Real Estate 103'640'000 0.14%
Tellco Kommerzielle Immobilien Schweiz 59'986'800 0.08%

Base data

WUPIX-A, WUPIX-F, KGAST property index, SPI
Source: Thomson Reuters, Fundo, KGAST, Wüest Partner AG
Survey status: 2024-09-30
Last update: 2024-10-11
Next update: 2024-11-07
Geographical coding: OG-2024