{"id":9203,"date":"2026-01-21T15:44:48","date_gmt":"2026-01-21T15:44:48","guid":{"rendered":"https:\/\/alphaprop.ch\/?p=9203"},"modified":"2026-02-04T10:26:18","modified_gmt":"2026-02-04T10:26:18","slug":"fondations-de-placement-un-marche-en-pleine-croissance","status":"publish","type":"post","link":"https:\/\/alphaprop.ch\/fr\/fondations-de-placement-un-marche-en-pleine-croissance\/","title":{"rendered":"Fondations de placement : un march\u00e9 en pleine croissance"},"content":{"rendered":"\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-3bcd2578 wp-block-group-is-layout-constrained\" style=\"border-radius:24px;background-color:#ecf0f3;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<h2 class=\"wp-block-heading\">R\u00e9sum\u00e9<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Les placements immobiliers indirects suisses, et en particulier les fondations de placement, constituent un march\u00e9 en pleine croissance.<\/li>\n\n\n\n<li>Le patrimoine immobilier des groupes de placement et des fonds a environ quadrupl\u00e9 depuis 2009.<\/li>\n\n\n\n<li>Outre l&rsquo;\u00e9mission de parts, les revenus th\u00e9sauris\u00e9s et les gains en capital ont permis d&rsquo;augmenter consid\u00e9rablement la fortune nette.<\/li>\n\n\n\n<li>Des diff\u00e9rences marqu\u00e9es selon l&rsquo;utilisation : depuis 2023, peu de capitaux sont investis dans CAFP Commercial.<\/li>\n<\/ul>\n<\/div>\n\n\n\n<p>Le march\u00e9 des placements immobiliers indirects en Suisse a connu une \u00e9volution remarquable ces derni\u00e8res ann\u00e9es. Avec actuellement quelque 160 produits de placement et une fortune nette agr\u00e9g\u00e9e d&rsquo;environ 177 milliards de francs, les placements immobiliers indirects sont pass\u00e9s d&rsquo;un segment de niche \u00e0 une classe d&rsquo;actifs \u00e0 part enti\u00e8re et importante. Du c\u00f4t\u00e9 des fondations de placement, 62 groupes de placement r\u00e9uniront environ 77 milliards de francs d&rsquo;actifs nets en 2025.<\/p>\n\n\n\n<p>\u00c0 titre de comparaison, selon les statistiques des caisses de pension de l&rsquo;OFS 2024, le total du bilan des caisses de pension suisses s&rsquo;\u00e9l\u00e8ve \u00e0 environ 1 222 milliards de francs, dont environ 229 milliards sont investis dans l&rsquo;immobilier suisse. Environ la moiti\u00e9 de ce montant est d\u00e9tenue par des v\u00e9hicules d&rsquo;investissement collectifs. [1]<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1538\" height=\"1289\" src=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Universum_Fr_klein.png\" alt=\"\" class=\"wp-image-9537\" srcset=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Universum_Fr_klein.png 1538w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Universum_Fr_klein-500x419.png 500w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Universum_Fr_klein-1024x858.png 1024w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Universum_Fr_klein-768x644.png 768w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Universum_Fr_klein-1536x1287.png 1536w\" sizes=\"(max-width: 1538px) 100vw, 1538px\" \/><\/figure>\n\n\n\n<p>La croissance des placements immobiliers indirects est manifeste non seulement en termes absolus, mais aussi dans le temps. La valeur v\u00e9nale des biens immobiliers d\u00e9tenus par les fonds immobiliers et les fondations de placement suisses a quadrupl\u00e9 depuis 2009 pour atteindre environ 235 milliards de francs en 2024. Cette croissance a \u00e9t\u00e9 soutenue \u00e0 la fois par des afflux continus de capitaux, par l&rsquo;appr\u00e9ciation de la valeur du portefeuille et par le lancement de nouveaux produits.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1203\" height=\"960\" src=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Marktwert_fr.png\" alt=\"\" class=\"wp-image-9541\" srcset=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Marktwert_fr.png 1203w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Marktwert_fr-500x399.png 500w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Marktwert_fr-1024x817.png 1024w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_Marktwert_fr-768x613.png 768w\" sizes=\"(max-width: 1203px) 100vw, 1203px\" \/><\/figure>\n\n\n\n<p>Cette \u00e9volution se refl\u00e8te \u00e9galement au niveau des caisses de pension : les actifs investis dans l&rsquo;immobilier sont pass\u00e9s d&rsquo;environ 113 milliards de francs en 2013 \u00e0 environ 229 milliards de francs en 2024. Dans le m\u00eame temps, non seulement la part absolue de l&rsquo;immobilier a augment\u00e9, mais aussi la part des placements indirects au sein du quota immobilier.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Croissance par lev\u00e9e de capitaux, th\u00e9saurisation et r\u00e9\u00e9valuation<\/h2>\n\n\n\n<p>Un examen de la composition de la croissance montre que les fondations de placement ont pu augmenter leur fortune nette d&rsquo;environ 4,5 milliards de francs par an en moyenne au cours des derni\u00e8res ann\u00e9es. Le principal moteur a \u00e9t\u00e9 le solde des transactions sur parts, c&rsquo;est-\u00e0-dire les entr\u00e9es nettes de capitaux, qui explique plus de 60 % de cette croissance. Les revenus du capital et les revenus th\u00e9sauris\u00e9s ont \u00e9galement jou\u00e9 un r\u00f4le important dans la croissance.<\/p>\n\n\n\n<p>Dans le cas des fonds, la hausse a \u00e9t\u00e9 nettement moins forte, avec une moyenne de 2,9 milliards de francs par an. Pr\u00e8s des deux tiers de cette \u00e9volution r\u00e9sultent des transactions sur parts, c&rsquo;est-\u00e0-dire des augmentations de capital.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img decoding=\"async\" width=\"2187\" height=\"2156\" src=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegen_fr.png\" alt=\"\" class=\"wp-image-9544\" srcset=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegen_fr.png 2187w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegen_fr-500x493.png 500w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegen_fr-1024x1009.png 1024w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegen_fr-768x757.png 768w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegen_fr-1536x1514.png 1536w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegen_fr-2048x2019.png 2048w\" sizes=\"(max-width: 2187px) 100vw, 2187px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-medium\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"132\" src=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_TabelleWachstumNettovermoegen_fr-500x132.png\" alt=\"\" class=\"wp-image-9547\" srcset=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_TabelleWachstumNettovermoegen_fr-500x132.png 500w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_TabelleWachstumNettovermoegen_fr-1024x270.png 1024w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_TabelleWachstumNettovermoegen_fr-768x202.png 768w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_TabelleWachstumNettovermoegen_fr-1536x405.png 1536w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_TabelleWachstumNettovermoegen_fr.png 1810w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n\n\n<p>Cette tendance devrait se poursuivre en 2025 pour les fondations de placement. On pr\u00e9voit des lev\u00e9es de capitaux sup\u00e9rieures \u00e0 8 milliards de francs ainsi que des r\u00e9\u00e9valuations suppl\u00e9mentaires de l&rsquo;ordre de 1 \u00e0 2 %, en particulier dans le segment r\u00e9sidentiel. La croissance restera donc non seulement tir\u00e9e par les capitaux, mais \u00e9galement soutenue par des gains d&rsquo;\u00e9valuation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Les gains de r\u00e9\u00e9valuation dans le portefeuille reviennent en 2025<\/h2>\n\n\n\n<p>Apr\u00e8s la baisse temporaire des \u00e9valuations en 2023, les donn\u00e9es pour 2025 montrent \u00e0 nouveau des taux de r\u00e9\u00e9valuation nettement positifs dans le portefeuille. Cette \u00e9volution est particuli\u00e8rement marqu\u00e9e dans le segment r\u00e9sidentiel, qui a d\u00e9j\u00e0 apport\u00e9 la principale contribution aux gains en capital au cours des dix derni\u00e8res ann\u00e9es.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1924\" src=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_WertaenderungBestandesliegenschaften_fr-scaled.png\" alt=\"\" class=\"wp-image-9550\" srcset=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_WertaenderungBestandesliegenschaften_fr-scaled.png 2560w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_WertaenderungBestandesliegenschaften_fr-500x376.png 500w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_WertaenderungBestandesliegenschaften_fr-1024x770.png 1024w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_WertaenderungBestandesliegenschaften_fr-768x577.png 768w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_WertaenderungBestandesliegenschaften_fr-1536x1155.png 1536w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_WertaenderungBestandesliegenschaften_fr-2048x1539.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/figure>\n\n\n\n<p>Les plus fortes hausses de valeur continuent d&rsquo;\u00eatre enregistr\u00e9es dans les centres-villes, en particulier dans les agglom\u00e9rations de Zurich et de Gen\u00e8ve. Les immeubles commerciaux et les biens \u00e0 usage mixte affichent en revanche une \u00e9volution nettement plus volatile et globalement plus faible.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Dynamiques diff\u00e9rentes selon les segments<\/h2>\n\n\n\n<p>Une analyse diff\u00e9renci\u00e9e des diff\u00e9rents segments montre que le march\u00e9 des fondations de placement CAFP ne conna\u00eet pas une \u00e9volution homog\u00e8ne. Alors que le segment CAFP R\u00e9sidentiel continue d&rsquo;afficher une croissance stable, le sous-indice Commercial est soumis \u00e0 une forte pression depuis 2023. Les flux de capitaux vers ce segment ont sensiblement diminu\u00e9, ce qui se refl\u00e8te tant dans la croissance absolue que relative. Les portefeuilles \u00e0 usage mixte occupent une position interm\u00e9diaire, mais continuent de b\u00e9n\u00e9ficier de la forte progression des parts r\u00e9sidentielles.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"2080\" src=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegenKGAST_fr-scaled.png\" alt=\"\" class=\"wp-image-9553\" srcset=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegenKGAST_fr-scaled.png 2560w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegenKGAST_fr-500x406.png 500w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegenKGAST_fr-1024x832.png 1024w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegenKGAST_fr-768x624.png 768w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegenKGAST_fr-1536x1248.png 1536w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungNettovermoegenKGAST_fr-2048x1664.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"2080\" src=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungProzentualNVKGAST_fr-scaled.png\" alt=\"\" class=\"wp-image-9556\" srcset=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungProzentualNVKGAST_fr-scaled.png 2560w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungProzentualNVKGAST_fr-500x406.png 500w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungProzentualNVKGAST_fr-1024x832.png 1024w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungProzentualNVKGAST_fr-768x624.png 768w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungProzentualNVKGAST_fr-1536x1248.png 1536w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_VeraenderungProzentualNVKGAST_fr-2048x1664.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/figure>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group has-background is-layout-constrained wp-container-core-group-is-layout-3bcd2578 wp-block-group-is-layout-constrained\" style=\"border-radius:24px;background-color:#ecf0f3;padding-top:24px;padding-right:24px;padding-bottom:24px;padding-left:24px\">\n<h2 class=\"wp-block-heading\"><em>Le portail de donn\u00e9es Alphaprop facilite l\u2019analyse et la comparaison des placements immobiliers indirects<\/em><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tableau de bord clair et intuitif couvrant l\u2019ensemble de l\u2019univers des placements immobiliers indirects en Suisse<\/li>\n\n\n\n<li>Utilis\u00e9 par les principaux gestionnaires d\u2019actifs, caisses de pension, conseillers et fournisseurs de produits<\/li>\n\n\n\n<li>Plus de 170 produits avec plus de 180 milliards d\u2019actifs nets<\/li>\n\n\n\n<li>Possibilit\u00e9 d\u2019analyse jusqu\u2019au niveau des biens immobiliers individuels (plus de 9 500 objets)<\/li>\n\n\n\n<li>Cr\u00e9ation de comparaisons de produits synth\u00e9tiques et de rapports benchmark au format PDF<\/li>\n\n\n\n<li>T\u00e9l\u00e9chargement d\u2019un portefeuille indirect ou direct individuel et pr\u00e9sentation pond\u00e9r\u00e9e en fonction des actifs<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link has-text-align-center wp-element-button\" href=\"https:\/\/alphaprop.ch\/fr\/des-placements-immobiliers-indirects-transparents\/\">En apprendre davantage<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">O\u00f9 investit-on ? \u00c9volution selon le type d&rsquo;utilisation et la r\u00e9gion<\/h2>\n\n\n\n<p>Non seulement les volumes augmentent, mais la composition des portefeuilles \u00e9volue \u00e9galement. La part des utilisations r\u00e9sidentielles dans la valeur v\u00e9nale des fondations de placement CAFP n&rsquo;a cess\u00e9 d&rsquo;augmenter ces derni\u00e8res ann\u00e9es (passant de 51 % \u00e0 59 % de la valeur v\u00e9nale totale CAFP en 9 ans), tandis que les immeubles commerciaux ont perdu de leur importance (de 34 % \u00e0 28 % de la valeur v\u00e9nale totale de la CAFP entre 2015 et 2024).<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2527\" height=\"2163\" src=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachTyp_fr.png\" alt=\"\" class=\"wp-image-9559\" srcset=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachTyp_fr.png 2527w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachTyp_fr-500x428.png 500w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachTyp_fr-1024x876.png 1024w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachTyp_fr-768x657.png 768w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachTyp_fr-1536x1315.png 1536w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachTyp_fr-2048x1753.png 2048w\" sizes=\"(max-width: 2527px) 100vw, 2527px\" \/><\/figure>\n\n\n\n<p>Au niveau r\u00e9gional, l&rsquo;accent reste clairement mis sur les grands centres. La r\u00e9gion de Zurich et la r\u00e9gion l\u00e9manique, centres \u00e9conomiques puissants, concentrent la majeure partie des actifs investis. Zurich a augment\u00e9 sa part dans la valeur marchande totale des fondations de placement KGAST de 31 % (2015) \u00e0 35 % (2024), la r\u00e9gion l\u00e9manique de 20 % (2015) \u00e0 23 % (2024). L&rsquo;Espace Mittelland, en revanche, a continuellement perdu des parts entre 2015 et 2024 (-5 pp), tout comme la Suisse orientale.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1644\" src=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachRegion_fr-scaled.png\" alt=\"\" class=\"wp-image-9562\" srcset=\"https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachRegion_fr-scaled.png 2560w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachRegion_fr-500x321.png 500w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachRegion_fr-1024x657.png 1024w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachRegion_fr-768x493.png 768w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachRegion_fr-1536x986.png 1536w, https:\/\/alphaprop.ch\/wp-content\/uploads\/2026\/01\/20260121_MarktwertKGASTNachRegion_fr-2048x1315.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Croissance accompagn\u00e9e d&rsquo;une diff\u00e9renciation croissante<\/h2>\n\n\n\n<p>Le march\u00e9 des placements immobiliers indirects en Suisse reste clairement un march\u00e9 en croissance. Cette \u00e9volution est soutenue par des afflux de capitaux soutenus, des structures de rendement stables et une nouvelle augmentation des gains de r\u00e9\u00e9valuation. Dans le m\u00eame temps, la diff\u00e9renciation au sein du march\u00e9 s&rsquo;accentue : les diff\u00e9rences en termes d&rsquo;utilisation et de positionnement d&rsquo;un produit deviennent de plus en plus importantes.<\/p>\n\n\n\n<p>Dans un march\u00e9 en croissance constante mais de plus en plus h\u00e9t\u00e9rog\u00e8ne, l&rsquo;analyse transparente, comparable et approfondie des placements immobiliers indirects continue de gagner en importance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Liens compl\u00e9mentaires<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>[1] OFS (2025): Statistique des caisses de pensions 2023, <a href=\"https:\/\/www.bfs.admin.ch\/bfs\/fr.assetdetail.36135733.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.bfs.admin.ch\/bfs\/rm\/home.assetdetail.35151926.html<\/a><\/li>\n\n\n\n<li>OFS (2025): Statistique suisse des caisses de pension, valeurs provisoires 2024, <a href=\"https:\/\/www.bfs.admin.ch\/bfs\/fr.assetdetail.36135733.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.bfs.admin.ch\/bfs\/fr.assetdetail.36135733.html<\/a><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Le march\u00e9 des placements immobiliers indirects en Suisse a connu une \u00e9volution remarquable ces derni\u00e8res ann\u00e9es. Avec actuellement quelque 160 produits de placement et une fortune nette agr\u00e9g\u00e9e d&rsquo;environ 177 milliards de francs, les placements immobiliers indirects sont pass\u00e9s d&rsquo;un segment de niche \u00e0 une classe d&rsquo;actifs \u00e0 part enti\u00e8re et importante.<\/p>\n","protected":false},"author":4,"featured_media":9541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[10],"tags":[52,51],"class_list":["post-9203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-categorise","tag-marche","tag-placements-immobiliers-indirects"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fondations de placement : un march\u00e9 en pleine croissance - alphaprop<\/title>\n<meta name=\"description\" content=\"Le march\u00e9 des placements immobiliers indirects en Suisse a connu une \u00e9volution remarquable au cours des derni\u00e8res ann\u00e9es.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alphaprop.ch\/fr\/fondations-de-placement-un-marche-en-pleine-croissance\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fondations de placement : un march\u00e9 en pleine croissance - 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