The new annual report of the Tellco Investment Foundation is here and shows: 2024 was a strong year for our two real estate investment groups.
Our two investment groups delivered solid returns:
Particularly pleasing: we were able to further reduce vacancy and leverage rates.
A highlight of the year is our new construction project at Heinrichstrasse 200 in Zurich-West. A new residential complex with 109 flats is being built on the site of a former industrial area – right in the heart of an urban environment with great development potential.
What makes us particularly proud: a large part of the existing building substance is being reused. In doing so, we are not only contributing to the circular economy, but also setting new standards in sustainable real estate construction.
There is also positive news in the private equity sector, despite a challenging market environment. The investment group in run-off was able to return over USD 20 million to our investors in 2024. With an internal rate of return (IRR) of 11.09%, the long-term quality of the portfolio is confirmed.
Curious about all the figures, projects and developments? The 2024 annual report offers fascinating insights into the activities and strategic direction of the Tellco Investment Foundation.