Federal Act
on Collective Investment Schemes
(Collective Investment Schemes Act, CISA)

¹ The an­nu­al ac­counts of a real es­tate fund con­sist of a con­sol­id­ated state­ment of net as­sets or bal­ance sheet and profit and loss ac­count of the real es­tate fund and the as­so­ci­ated real es­tate com­pan­ies. Art­icle 89 ap­plies ac­cord­ingly.

² The state­ment of net as­sets must show prop­erty as­sets at mar­ket value.

³ The in­vent­ory of the fund's as­sets must state the pur­chase price and es­tim­ated mar­ket val­ues of the in­di­vidu­al prop­erty as­sets.

⁴ In ad­di­tion to the in­form­a­tion re­quired as per Art­icle 89, the an­nu­al re­port and the an­nu­al ac­counts shall con­tain the par­tic­u­lars of the valu­ation ex­pert, the valu­ation meth­ods and the cap­it­al­isa­tion and dis­count­ing rates ap­plied.