Themis Real Estate SICAV
Swiss Real Estate SICAV managed by Themis Capital
Direct and sustainable investment in residential and mixed-use properties in Switzerland
A SICAV is an SA which gives investors the status of shareholders. Investor shareholders therefore have the right to examine and vote at the shareholders’ meetings and they can influence the course of the business. It is this active and participatory aspect, which does not exist in the context of an investment fund, that we wanted to focus on in our relations with investors.
Alongside the investors is the entrepreneurial shareholder, who holds responsibility and exerts influence on SICAV management. The fund management company and the custodian bank are fully accountable to investors.
To date, out of 73 real estate funds authorized by the FINMA, only 11 have been set up in the form of SICAVs.
Themis Real Estate SICAV is authorised by the FINMA, as well as the manager Themis Capital SA.
Key facts about the SICAV
Tax optimisation
Shares held by investors are not taxed as assets and are not subject to withholding tax.
No premium
Unlike listed funds (approx. 30%), the share has no premium when it is first subscribed.
Liquidity
The liquidity of the real estate assets is improved.
Open to foreign investors
A 30% share for foreign investors is possible.
Risk control
The real estate assets are diversified and the SICAV is regulated by the FINMA, as well as the manager Themis Capital SA.
Easy Lombard financing
The shares can be pledged to obtain a lombard loan.
Organigram and partners

Board of directors Themis Real Estate SICAV
Me Laurent Schenk
Chairperson of the Board of Directors
Me Fernand Mariétan
Vice-President of the Board of Directors
Juan Pedro Iglesias Lemos
Member of the Board of Directors
Architect working internationally, Juan Iglesias stated his career in 1999 in Japan at NK Kouenten in Tokyo, where he stayed for 6 years, during which he realised a certain number of anti-earthquake projects, in particular for the Japanese leader of construction. He also won the 1st prize of the Urban Tokyo competition.
Back in Switzerland in 2006, he participated in numerous projects, among which in the United Arab Emirates (villas, hotels and schools), in the Seychelles, in Spain and of course in Switzerland with the realisation of several important projects for Swiss institutional investors. Between 2018 and 2021, he worked at CBRE Genève SA as Director – Building Consultancy where he was involved in many important projects in Geneva, Vaud and Valais. Since 2021, Juan Iglesias is Project Manager Senior Client Representative at Wincasa Lausanne and Team Leader since January 2022.
Yann Tavernier
Member of the Board of Directors
His experience and his vision of real estate have led him to found the Themis Group and create Themis Capital and Themis Real Estate SICAV.
Approach
Our values are structured around 3 S:
Stakeholder, Societal and Social
integrating the ESG criteria
Environmental, Social and of Governance
