Dominicé Swiss Property Fund (DSPF) is pleased to announce the successful completion of its capital increase, closed on 21 March 2025, with the full subscription of 462,500 new units. The transaction raised a total of CHF 58.97 million. The new units will be paid in and listed on the SIX Swiss Exchange on 28 March 2025.
Thanks to the capital raised during the November 2024 and March 2025, DSPF completed the acquisition of three residential buildings in the canton of Vaud for a total acquisition price of CHF 64 million, bringing the portfolio’s valuation to approximately CHF 774 million.
Three acquisitions in French-speaking Switzerland
Avenue d’Echallens 40–42, 1004 Lausanne
Acquired for CHF 20 million, this ensemble of two heritage-listed buildings is ideally located between Lausanne’s city centre and the dynamic Flon district. The properties are close to public transport, shops, schools and green spaces (Parc de Valency). They comprise 42 apartments (2- to 5-room units), all with balconies. Each building has a lift and there are 10 parking spaces in total – a valuable asset in this urban area. The asset offers a 35% rental reserve, providing significant short-term value creation potential.
Avenue Jean-Daniel-Abram-Davel 19, 1004 Lausanne
Ideally located between Lausanne train station and the city centre, this residential building was acquired for CHF 10 million. It includes 35 apartments, from studios to 4-room flats, all with balconies. The property features 9 indoor parking spaces and dedicated areas for bikes and strollers. Situated in a calm, family-oriented neighbourhood and just 300 metres from public transport, schools and shops, it also offers partial views of Lake Geneva from the upper floors. The building has a high rental reserve of 75%.
Route de Cité-Ouest 21–29, 1196 Gland
The third building, acquired thanks to the November capital increase for CHF 34 million, is located in Gland, a municipality undergoing rapid growth, ideally positioned between Geneva and Lausanne. It is located in a quiet, leafy residential area near schools, playgrounds and motorway access. The property, fully residential, includes 68 apartment (studio to 6.5 rooms) and offers 138 parking spaces, including 75 underground. It has a 63% rental reserve and was equipped with solar panels in 2024. A local zoning plan under review could enable future densification, making this a property with a strong long-term potential.
Outlook and allocation of capital raised
Beyond the acquisitions already completed, DSPF has secured three new residential assets in Clarens, Renens and Lausanne, for a total acquisition price of CHF 42 million, with completion expected in spring 2025, subject to the municipalities’ right of first refusal. Our Senior Fund Manager, Diego Reyes, shares that:
“These new acquisitions strengthen the fund’s growth trajectory and confirm the robustness of our strategy, focused on well-located and resilient residential properties, capable of adapting to market shifts. We remain fully committed to the development and enhancement of our portfolio, while maintaining a sound and balanced financial structure.”
Find our more on our strategies here: Real Estate | Dominicé
