This has resulted in one of Switzerland's largest real estate funds with direct property ownership:

Total assets exceeding CHF 4 billion

A high-quality portfolio comprising 77 properties in sought-after urban locations (broadly diversified in terms of regions, uses, and tenant/sector mix)

Thanks to direct property ownership, dividends are tax-free for investors domiciled in Switzerland.*

Focus on the defined sustainability strategy and its consistent implementation; already today, a low carbon footprint**

* UBS does not provide tax advice.
** Carbon footprint as at 31/12/2025: 4.5 kg CO2e/m² energy reference area (EBF)

Urban. Diversified. Sustainable – UBS Mixed Urban

Proven strength meets further development

UBS Mixed Urban combines the strengths of both predecessor funds and consistently continues their investment strategies, with a clear ambition to further develop them in a targeted manner. The fund represents sustainable real estate for living, working, and everyday life in urban locations throughout Switzerland. In the medium term, the proportion of residential properties is set to increase towards 50%; currently, it stands at around 45%. The first annual financial report of the merged fund will be published as at 30 June 2026.

This does not constitute a guarantee from UBS SAʴı.
Source: UBS SAʴı, Global Real Assets (GRA).

The fund team

The experienced fund team brings long-standing expertise from the predecessor funds, ensuring continuity and stability.

Portfolio Management

Pellegrini Stephan

Stephan Pellegrini 

SAʴı

Christian Schulthess

Christian Schulthess 

SAʴı

Reto Affolter

Reto Affolter

Construction & Development

Marcus Baur

Marcus Baur

Construction & Development

Marius Baumann

Marius Baumann 

Accounting & Controlling

Daniel Flach

Daniel Flach

Portfolio highlights

“Tivoli Garten” in Spreitenbach (AG)

  • 445 apartments (whole project)
  • 13,500 m² commercial and retail space (whole project)
  • Almost fully let
  • Completion in October 2025
  • Investment volume UBS Mixed Urban of around CHF 153 million
  • Building certificate:
  • Co-ownership split equally with UBS «Siat»

Current refurbishment project at Rue de Carouge 110 in Geneva

  • Energy-efficient renovation and attic conversion
  • Minergie Renovation certification sought
  • 24 apartments and around 200 m² retail space
  • Current market value CHF 13 million

Investment focus of UBS Mixed Urban

  • Blue - Properties from the portfolio of UBS Mixed Urban (formerly UBS Green Property)
  • Red - Properties from the portfolio of UBS Direct Urban

Merger process

In November 2024, UBS Fund Management (Switzerland) AG presented its plans to consolidate funds with similar investment strategies. The planned merger of UBS (CH) Property Fund – Direct Green Property (now: UBS (CH) Property Fund – Direct Mixed Urban) with UBS (CH) Property Fund – Direct Urban was approved by the regulatory authority on 29 October 2025. The merger was completed on 31 March 2026, implemented retroactively from 31 December 2025.