Christophe Piffaretti has decided to leave Credit Suisse Asset Management (Switzerland) AG effective the end of November 2019. For five years he managed the real estate fund Credit Suisse Real Estate Fund Hospitality, and he was also responsible for the real estate fund Credit Suisse Real Estate Fund LivingPlus for one year. Urs Frey, Head of Swiss Real Estate Funds at Credit Suisse Asset Management Real Estate Switzerland, will take over the management of the two real estate funds on an ad interim basis.
Urs Frey, phone +41 44 334 31 50, E-Mail: email@example.com
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The Credit Suisse Real Estate Fund Hospitality and the Credit Suisse Real Estate Fund LivingPlus are investment funds established and registered in Switzerland. The fund management company is Credit Suisse Funds AG, Zurich. The custodian bank is Credit Suisse (Switzerland) Ltd., Zurich. The sales prospectus with the integrated fund contract, the simplified prospectus, and/or key information for the investor as well as the annual report and semiannual report can be obtained free of charge from Credit Suisse Funds AG, Zurich, or from any branch of Credit Suisse (Switzerland) Ltd. in Switzerland.
CS Real Estate Fund LivingPlus: This fund is domiciled and registered in Switzerland. The fund management company is Credit Suisse Funds AG, Zurich. The custodian bank is Credit Suisse (Switzerland) Ltd, Zurich. The prospectus, the simplified prospectus and/or the Key Investor Information Document (KIID) and the annual and half-yearly reports may be obtained free of charge from the fund management company or from any branch of Credit Suisse (Switzerland) Ltd. in Switzerland.
The key risks of real estate investments include limited liquidity in the real estate market, changing mortgage interest rates, subjective valuation of real estate, inherent risks with respect to the construction of buildings and environmental risks (e.g., land contamination).