Themis Real Estate SICAV


Legal form
SICAV, an open-ended retail fund under Swiss law
Themis Capital SA
Fund management company
CACEIS (Switzerland) SA, Nyon
Custodian Bank
CACEIS Bank, Paris, Nyon Branch / Switzerland
Audit body

Real estate experts:
Denise Dupraz, D&A architecture et expertises immobilières sàrl
Stéphanie Osler, EXPERTOP
Wüest Partner AG, Zürich
Responsible persons: Pascal Marazzi de Lima and Andreas Häni

End of accounting period
31 December
annual distribution
Value no.

Issue price of one share
CHF 100
Management fee
1.20 %
Custodian bank’s fee
0.05 %
Performance fee
Issue fee
5 %
Repurchase fee
3 %
Initial subscription period
from November 4th, 2020
NAV calculation
annual or during each new share issue
Investor type
qualified investors in accordance with article 10 para. 3 and 3ter Swiss Collective Investment Schemes Act (CISA)
External financing
maximum 50% of the current value of the properties up to a maximum of 5 years after the first issue, 33.33 % afterwards.
The investment regulations and articles of association are available on request from  Themis Capital SA or CACEIS (Switzerland) SA, Nyon.

Portfolio Allocation

  • Core/Core + properties. Opportunistic or value-add properties may be added to the portfolio if they offer significant potential.
  • Main allocation in French-speaking Switzerland, as well as in the main business centers in German-speaking Switzerland.
  • Residential (minimum 60% of the portfolio), commercial (maximum 40%) or mixed properties.
  • Co-ownership possible only if the SICAV is the majority owner.