Swiss and German real estate debt occupies a specific institutional niche: higher yield than government bonds, backed by tangible assets with established valuation methodology, and insulated from the volatility of listed property markets. The barrier is origination — the best transactions are negotiated bilaterally, not auctioned.
allswiss has spent 17 years building the developer, sponsor, and owner-operator relationships that generate proprietary deal flow. Our pipeline includes residential development finance, commercial mortgage lending, logistics and industrial debt, and selected hospitality refinancing — across Switzerland, Germany, and Austria. We do not participate in public auctions where price competition eliminates structural advantage.
For institutional mandates, allswiss provides bespoke structuring: loan-to-value calibrated to asset type and location, interest coverage covenants aligned to the income profile, and security documentation reviewed by Swiss or German real estate counsel. Quarterly asset-level reporting includes independent valuation updates and covenant monitoring — not aggregated fund-level data.
Key Facts
- Geography
- Switzerland, Germany, Austria
- Asset types
- Residential, commercial, logistics, hospitality
- Capital structure
- Senior, mezzanine, hybrid
- Typical LTV
- Senior ≤ 65% | Mezz ≤ 80%
- Track record
- 350+ projects, >CHF 4 billion
- Origination
- Proprietary — no public auction
Why allswiss
Our edge in this segment
Proprietary Deal Flow
17 years of developer and sponsor relationships across DACH generates a transaction pipeline that does not reach public channels. Investors benefit from first-look access before any competitive process begins.
Conservative LTV Discipline
Senior debt capped at 65% of independent valuation for income-producing assets; 60% for development assets. Mezzanine tranches are structured only where the total stack remains within stress-tested repayment capacity.
Independent Valuation
Every transaction requires an independent RICS-certified or VDI-compliant valuation before closing, plus annual re-valuations during the tenor. Valuers are selected and instructed by allswiss, not the borrower.
Development Finance Expertise
Residential construction lending requires specialist oversight: allswiss monitors drawdown milestones, construction progress reports, and planning compliance — protecting the lender position across the development cycle.
Security Package Design
First-charge mortgage, assignment of rent and lease agreements, pledge of development permits, and personal guarantees from sponsors. Security documentation is structured for swift enforcement under Swiss or German law.
Bespoke Reporting
Quarterly reports at asset level: LTV update, interest coverage ratio, tenant profile, vacancy, capex schedule, and any covenant waiver activity. Investors receive direct access to the allswiss management team, not a fund administrator.