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 (2025-04-30)

WUPIX-A Market capitalisation Weight
Swiss Prime Site N 9'331'257'813 30.49%
PSP Swiss Property N 6'737'993'188 22.01%
Allreal Holding N 3'016'574'858 9.86%
Mobimo Holding N 2'312'851'769 7.56%
Investis Holding N 1'555'200'000 5.08%
Intershop Holding N 1'284'400'000 4.20%
Cham Swiss Properties AG 1'049'284'883 3.43%
HIAG Immo N 1'011'960'000 3.31%
Zug Estates N 975'920'800 3.19%
EPIC Suisse N 811'943'974 2.65%
PLAZZA N 654'066'000 2.14%
Warteck Invest N 597'093'750 1.95%
Fundamenta Real N 512'571'303 1.67%
Novavest N 380'392'221 1.24%
SF Urban Properties N 253'848'243 0.83%
Zueblin Immobilien Holding N 121'439'788 0.40%

WUPIX-F Market capitalisation Weight
UBS SWISS SIMA 11'307'901'680 16.33%
UBS Swiss Residential Siat 3'854'850'700 5.57%
UBS SWISS ANFOS 3'423'482'698 4.95%
UBS Direct LivingPlus 3'048'879'069 4.40%
SWISS LIFE REF (CH) SWISS PROPERTIES 2'691'360'000 3.89%
UBS Direct Green Property 2'646'327'548 3.82%
ROTHSCHILD REAL ESTATE SICAV 2'627'031'443 3.79%
IMMOFONDS 2'309'893'404 3.34%
LA FONCIERE 2'186'519'883 3.16%
UBS FONCIPARS 2'052'182'160 2.96%
SWISSCANTO IFCA 2'022'379'968 2.92%
SOLVL 61 PRT 1'979'422'128 2.86%
SCHRODER IMMOPLUS 1'965'155'494 2.84%
REALSTONE 1'904'999'722 2.75%
FIR 1'825'730'295 2.64%
UBS Swiss Commercial Interswiss 1'719'661'905 2.48%
Procimmo Real Estate SICAV - Industrial 1'685'832'127 2.44%
UBS SW SWISSREAL 1'650'865'528 2.38%
IMMO HELVETIC 1'383'000'000 2.00%
BONHOTE IMMOBILIER 1'342'984'860 1.94%
SF SUSTAINABLE PROPERTY FUND 1'186'966'090 1.71%
ZIF IMMOBILIEN DIREKT SCHWEIZ 1'144'810'985 1.65%
HELVETIA (CH) SWISS PF 1'142'700'000 1.65%
SWISSINVEST REAL 1'130'484'564 1.63%
UBS DIRECT RESIDENTIAL 1'109'132'852 1.60%
BALOISE SWISS PF 1'052'928'244 1.52%
PATRIMONIUM SWISS REF 1'008'056'939 1.46%
CRONOS IMMO FUND 935'277'410 1.35%
UBS Direct LogisticsPlus 854'689'200 1.23%
UBS Direct Hospitality 841'282'948 1.22%
SF RETAIL PF 804'492'000 1.16%
DOMINICÉ SWISS PF 669'700'000 0.97%
UBS DIRECT URBAN 516'173'305 0.75%
SWISSCANTO REF SWISS COMM 515'057'895 0.74%
Procimmo Real Estate SICAV - Residential 429'801'736 0.62%
GOOD BUILDINGS SWISS REF 384'000'000 0.55%
HELVETICA SWISS COMMERCIAL 349'837'523 0.51%
SWISS CENTRAL CITY REF 321'274'915 0.46%
SUSTAINABLE RE SWITZERLAND 301'449'362 0.44%
SUISSE ROMANDE PF 257'107'274 0.37%
Streetbox Real Estate SICAV 239'697'270 0.35%
RESIDENTIA 228'504'847 0.33%
SF COMMERCIAL PF 176'396'931 0.25%

KGAST property index Assets Weight
Swisscanto Immobilien Schweiz 9'255'617'100 12.09%
AXA 9'247'548'064 12.08%
CSA Real Estate Switzerland 6'300'142'400 8.23%
Turidomus Casareal (Wohnimmobilien) 4'746'160'000 6.20%
Swiss Life Immobilien Schweiz ESG 3'983'141'700 5.20%
Zürich Immobilien - Wohnen Schweiz 3'967'132'839 5.18%
Avadis Immobilien Schweiz Wohnen 3'545'970'300 4.63%
Swiss Prime SPA Immobilien Schweiz 3'032'700'000 3.96%
UBS Immobilien Schweiz 2'743'421'500 3.58%
Pensimo Casareal (Wohnimmobilien) 2'469'610'000 3.23%
Swiss Life Geschäftsimmobilien Schweiz ESG 1'913'721'900 2.50%
ASSETIMMO W (Wohnliegenschaften) 1'895'185'000 2.48%
Turidomus Proreal (Geschäftsimmobilien) 1'591'070'000 2.08%
Turidomus Urban and Mixed Use 1'505'980'000 1.97%
Ecoreal Suissecore Plus 1'358'000'000 1.77%
CSA Real Estate Commercial 1'201'370'100 1.57%
CSA Real Estate Switzerland Residential 1'121'803'600 1.47%
1291 - Immobilien Schweiz 1'113'090'000 1.45%
Tellco Immobilien Schweiz 1'109'069'474 1.45%
HIG Immobilien Schweiz 1'083'221'000 1.42%
Avadis Immobilien Schweiz Geschäft 903'404'400 1.18%
Helvetia Immobilien Schweiz 811'172'685 1.06%
Patrimonium Wohnimmobilien Schweiz 794'906'978 1.04%
Zürich Immobilien - Geschäft Schweiz 767'827'162 1.00%
Sarasin Nachhaltig Immobilien Schweiz 760'998'713 0.99%
Fundamenta - Swiss Real Estate 758'044'671 0.99%
ASSETIMMO G (Geschäftsliegenschaften) 740'294'000 0.97%
Zürich Immobilien - Traditionell Schweiz 739'509'194 0.97%
Helvetia Immobilien Romandie 666'130'345 0.87%
SFP - Swiss Real Estate 665'101'000 0.87%
Pensimo Proreal (Geschäftsimmobilien) 626'000'000 0.82%
UBS Kommerzielle Immobilien Schweiz 621'492'900 0.81%
Ecoreal Suisseselect 558'000'000 0.73%
Swiss Life Alter und Gesundheit Schweiz 551'291'500 0.72%
Adimora Omega (Wohnimmobilien) 443'220'000 0.58%
IST - Immobilien Schweiz Wohnen 395'821'546 0.52%
Patrimonium Gesundheitsimmobilien 383'597'000 0.50%
Greenbrix Housing 378'842'735 0.49%
IST - Immobilien Schweiz Fokus 341'972'881 0.45%
Avadis Immobilien Schweiz Wohnen Mittelzentren 304'991'100 0.40%
Realstone Wohnimmobilien Schweiz 285'500'000 0.37%
DAI - Gewerbeimmobilien Schweiz DAGSIS 266'366'000 0.35%
avenirplus - Immobilien 190'724'000 0.25%
Terra Helvetica - Wohnen Schweiz 134'695'000 0.18%
Prisma - Previous Responsible Residential Real Estate 111'200'000 0.15%
Vertina 94'902'000 0.12%
Tellco Kommerzielle Immobilien Schweiz 61'806'000 0.08%

Base data

WUPIX-A, WUPIX-F, KGAST property index, SPI
Source: Thomson Reuters, Fundo, KGAST, Wüest Partner AG
Survey status: 2025-04-30
Last update: 2025-05-06
Next update: 2025-06-07
Geographical coding: OG-2024