Swiss Real Estate Funds At a glance CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. Global Real Estate – Switzerland March 2020 Switzerland: This product may only be distributed in or from Switzerland, to qualified investors as defined pursuant to the Collective Investment Schemes Act (“CISA”).
19
Embed
Swiss Real Estate Funds At a glance...Swiss Real Estate Funds At a glance CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. Global Real Estate –Switzerland March 2020 Switzerland:
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Switzerland: This product may only be distributed in or from Switzerland, to qualified investors as defined pursuant to the Collective Investment Schemes Act (“CISA”).
2The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Agios and Disagio of the Swiss Real Estate FundsAverage of listed funds1: 27.1%
1 If the other funds CS 1a Immo PK, CS REF International and CS REF Global are included, the weighted agio is 23.8%.
The securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities.
Sources: Credit Suisse AG, Datastream, last annual or semi-annual report of the funds
Last data point: 31.03.2020
-20%-15%-10%-5%0%5%
10%15%20%25%30%35%40%45%50%55%60%65%
STR
EE
TB
OX
IMM
OF
ON
DS
FIR
LA
FO
NC
IER
E
CS
RE
F L
IVIN
GP
LU
S
SO
LV
AL
OR
61
UB
S F
ON
CIP
AR
S
UB
S S
WIS
S S
IMA
UB
S S
WIS
S A
NFO
S
CS
RE
F S
IAT
CS
RE
F G
RE
EN
PR
OP
ER
TY
SW
ISS
INV
ES
T R
EA
L
SW
ISS
CA
NT
O IF
CA
IMM
O H
EL
VE
TIC
RO
TH
SC
HIL
D R
E S
WIS
S
SF
RE
TA
IL P
RO
PE
RT
IES
SF
SU
ST
AIN
AB
LE
PR
OP
ER
TY
PA
TRIM
ON
IUM
CS
RE
F L
OG
ISTI
CS
PL
US
UB
S D
IRE
CT
RE
SID
EN
TIA
L
UB
S S
WIS
SR
EA
L
SW
ISS
LIF
E S
WIS
S P
RO
PE
RT
IES
BO
NH
OTE
IM
MO
BIL
IER
PO
LY
ME
N F
ON
DS
SW
ISS
CA
NT
O C
OM
ME
RC
IAL
SC
HR
OD
ER
IMM
OP
LU
S
UB
S D
IRE
CT
UR
BA
N
RE
AL
STO
NE
CS
RE
F IN
TE
RS
WIS
S
GO
OD
BU
ILD
ING
S
CS
1A
IMM
O P
K
PR
OC
IMM
O
SF
CO
MM
ER
CIA
L P
RO
P.
CS
RE
F H
OS
PIT
AL
ITY
CS
RE
F IN
TE
RN
ATI
ON
AL
RE
AL
STO
NE
DE
VE
LO
PM
EN
T
HE
LV
ETI
CA
SW
ISS
CO
MM
ER
CIA
L
RE
SID
EN
TIA
SU
ISS
E R
OM
AN
DE
PR
OP
ER
TY
FU
ND
DO
MIN
ICÉ
SW
ISS
PR
OP
ER
TY
CS
RE
F G
LO
BA
L
Agio / Disagio
3The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Agios and Disagio of the Swiss Real Estate funds Month-on-month and year-to-date change
The securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities.
Sources: Credit Suisse AG, Datastream, last annual or semi-annual report of the fundsLast data point: 31.03.2020
-20%
-10%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
STR
EE
TB
OX
IMM
OF
ON
DS
FIR
LA
FO
NC
IER
E
CS
RE
F L
IVIN
GP
LU
S
SO
LV
AL
OR
61
UB
S F
ON
CIP
AR
S
UB
S S
WIS
S S
IMA
UB
S S
WIS
S A
NFO
S
CS
RE
F S
IAT
CS
RE
F G
RE
EN
PR
OP
ER
TY
SW
ISS
INV
ES
T R
EA
L
SW
ISS
CA
NT
O IF
CA
IMM
O H
EL
VE
TIC
RO
TH
SC
HIL
D R
E S
WIS
S
SF
RE
TA
IL P
RO
PE
RT
IES
SF
SU
ST
AIN
AB
LE
PR
OP
ER
TY
PA
TRIM
ON
IUM
CS
RE
F L
OG
ISTI
CS
PL
US
UB
S D
IRE
CT
RE
SID
EN
TIA
L
UB
S S
WIS
SR
EA
L
SW
ISS
LIF
E S
WIS
S P
RO
PE
RT
IES
BO
NH
OTE
IMM
OB
ILIE
R
PO
LY
ME
N F
ON
DS
SW
ISS
CA
NT
O C
OM
ME
RC
IAL
SC
HR
OD
ER
IMM
OP
LU
S
UB
S D
IRE
CT
UR
BA
N
RE
AL
STO
NE
CS
RE
F IN
TE
RS
WIS
S
GO
OD
BU
ILD
ING
S
CS
1A
IMM
O P
K
PR
OC
IMM
O
SF
CO
MM
ER
CIA
L P
RO
P.
CS
RE
F H
OS
PIT
AL
ITY
CS
RE
F IN
TE
RN
ATI
ON
AL
RE
AL
STO
NE
DE
VE
LO
PM
EN
T
HE
LV
ETI
CA
SW
ISS
CO
MM
ER
CIA
L
RE
SID
EN
TIA
SU
ISS
E R
OM
AN
DE
PR
OP
ER
TY
FU
ND
DO
MIN
ICÉ
SW
ISS
PR
OP
ER
TY
CS
RE
F G
LO
BA
L
31.03.20 (Agio: 27.1%)
28.02.20 (Agio: 35.3%)
31.12.19 (Agio: 32.2%)
4The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Agios and Disagio of the Swiss Real Estate funds Close link between Agios and longterm interest rates
The graphic shows the link between longterm interest rates (horizontal axis) and the average Agio/Disagio since 1990 at the end of each quarter. Basically the following rule applies: The higher the interest rates, the lower the Agio/Disagio. Beside the link to interest rates there are other factors influencing the Agio/Disagio like demand sentiment, new products, tax
advantages of products, etc.).
Sources: Credit Suisse AG, Datastream, last annual or semi-annual report of the fundsLast data point: 31.03.2020
31.03.2020
31.12.2019
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
30%
35%
-1% 0% 1% 2% 3% 4% 5% 6% 7% 8%
Weighted agio / disagio in % (listed and unlisted funds)
10 year CHF swap rate in %
31.03.2007
31.12.2008
31.03.1993
31.03.1994
30.06.1994
30.09.1990
5The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Agios and Disagio of the Swiss Real Estate fundsDevelopment since 1990
Sources: Credit Suisse AG, Datastream, last annual or semi-annual report of the funds
The securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities.
Sources: Credit Suisse AG, Datastream
Last data point: 31.03.2020
0 10 20 30 40 50 60 70 80 90 100
STREETBOX RESF COMMERCIAL PROPERTIES
SUISSE ROMANDE PROPERTY FUNDRESIDENTIA
POLYMEN FONDSSWISSCANTO COMMERCIAL
CS REF GLOBALDOMINICÉ SWISS PROPERTY
SF RETAIL PROPERTIESREALSTONE DEVEL.
CS REF LOGISTICSPLUSUBS DIRECT RESIDENTIAL
UBS DIRECT URBANPROCIMMOSWISS LIFE
SWISSINVEST REALBONHOTE IMMOBILIER
REALSTONEPATRIMONIUM CH RE
IMMO HELVETICFIR
SF SUSTAINABLE PROPERTYLA FONCIERE
CS REF HOSPITALITYUBS FONCIPARS
SOLVALOR 61SCHRODER IMMOPLUS
IMMOFONDSROTHSCHILD RE SWISS
SWISSCANTO IFCAUBS SWISS ANFOS
CS REF INTERSWISSCS REF INTERNATIONAL
UBS SW SWISSREALCS 1A IMMO PK
CS REF SIATCS REF LIVINGPLUS
CS REF GREEN PROPERTYUBS SWISS SIMA
8The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Distribution yield of Swiss Real Estate fundsDistribution per share compared to the share price
The securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities.
Sources: Credit Suisse AG, Datastream, last annual report of the fundsLast data point: 31.03.2020
0%
1%
2%
3%
4%
5%
SF C
OM
ME
RC
IAL P
RO
P.
CS R
EF IN
TE
RS
WIS
S
CS R
EF G
LO
BA
L
CS R
EF IN
TE
RN
ATIO
NA
L
CS 1
A IM
MO
PK
PR
OC
IMM
O
CS R
EF H
OS
PIT
ALIT
Y
UB
S S
WIS
SR
EA
L
HELV
ETIC
A S
WIS
S…
SF R
ETA
IL P
RO
PE
RTI
ES
CS R
EF L
OG
ISTIC
SP
LU
S
IMM
O H
ELV
ETIC
STR
EE
TB
OX
SW
ISS
CA
NTO
CO
MM
ER
CIA
L
SC
HR
OD
ER
IMM
OP
LU
S
RE
ALS
TO
NE
IMM
OF
ON
DS
SF S
US
TA
INA
BLE
PR
OP
ER
TY
UB
S D
IREC
T R
ES
IDEN
TIA
L
CS R
EF S
IAT
DO
MIN
ICÉ
SW
ISS
PR
OP
ER
TY
UB
S S
WIS
S S
IMA
SW
ISS
INV
ES
T R
EA
L
GO
OD
BU
ILD
ING
S
CS R
EF G
RE
EN
PR
OP
ER
TY
RO
TH
SC
HIL
D R
E S
WIS
S
CS R
EF L
IVIN
GP
LU
S
PA
TR
IMO
NIU
M
UB
S D
IREC
T U
RB
AN
UB
S S
WIS
S A
NFO
S
SW
ISS
CA
NTO
IFC
A
BO
NH
OTE
IMM
OB
ILIE
R
UB
S F
ON
CIP
AR
S
PO
LY
ME
N F
ON
DS
SW
ISS
LIF
E S
WIS
S…
FIR
RE
SID
EN
TIA
SO
LV
ALO
R 6
1
LA
FO
NC
IER
E
SU
ISS
E R
OM
AN
DE…
RE
ALS
TO
NE
DE
VE
LO
PM
EN
T
Direct property ownershipIndirect property ownershipAverage SXI Real Estate Funds
9The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Distribution yield of Swiss Real Estate funds Compared to 10 year Swiss government benchmark bond
Sources: Credit Suisse AG, Datastream, last annual report of the funds
Last data point: 31.03.2020Historical performance indications and financial market scenarios are not reliable indicators of future performance.
-1%
0%
1%
2%
3%
4%
5%
6%
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Yield Gap Distribution Yield Swiss Real Estate Funds Yield on 10 Year Swiss Government Benchmark Bond
10The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Comparison of total expense ratios (TERREF GAV)Fund operating expenses of Swiss Real Estate funds
The securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities.
Source: Credit Suisse AG, last annual report of the fundsLast data point: 31.03.2020
0.00%
0.25%
0.50%
0.75%
1.00%
1.25%
CS R
EF H
OS
PIT
ALIT
Y
CS 1
A IM
MO
PK
IMM
O H
ELV
ETIC
SW
ISS
INV
ES
T R
EA
L
CS R
EF G
RE
EN
PR
OP
ER
TY
IMM
OF
ON
DS
CS R
EF L
OG
ISTIC
SP
LU
S
CS R
EF S
IAT
CS R
EF L
IVIN
GP
LU
S
CS R
EF IN
TE
RS
WIS
S
RO
TH
SC
HIL
D R
E S
WIS
S
FIR
SO
LV
ALO
R 6
1
SU
ISS
E R
OM
AN
DE…
LA
FO
NC
IER
E
UB
S D
IREC
T R
ES
IDEN
TIA
L
UB
S S
WIS
S A
NFO
S
UB
S F
ON
CIP
AR
S
UB
S S
WIS
S S
IMA
UB
S D
IREC
T U
RB
AN
GO
OD
BU
ILD
ING
S
UB
S S
W S
WIS
SR
EA
L
SC
HR
OD
ER
IMM
OP
LU
S
SF S
US
TA
INA
BLE
PR
OP
ER
TY
SW
ISS
LIF
E R
EF S
WIS
S…
PA
TR
IMO
NIU
M
BO
NH
OTE
IMM
OB
ILIE
R
DO
MIN
ICÉ
SW
ISS
PR
OP
ER
TY
SW
ISS
CA
NTO
CO
MM
ER
CIA
L
RE
ALS
TO
NE
SW
ISS
CA
NTO
IFC
A
CS R
EF IN
TE
RN
ATIO
NA
L
STR
EE
TB
OX
PR
OC
IMM
O
SF R
ETA
IL P
RO
PE
RTI
ES
PO
LY
ME
N F
ON
DS
SF C
OM
ME
RC
IAL P
RO
PE
R.
HELV
ETIC
A S
WIS
S…
RE
SID
EN
TIA
RE
ALS
TO
NE
DE
VE
L.
CS R
EF G
LO
BA
L
TERREF GAV
11The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Comparison of total expense ratios (TERREF MV)Fund operating expenses of Swiss Real Estate funds
The securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities.
Source: Credit Suisse AG, last annual report of the fundsLast data point: 31.03.2020
0.00%
0.25%
0.50%
0.75%
1.00%
1.25%
1.50%
1.75%
2.00%
CS R
EF H
OS
PIT
ALIT
Y
CS 1
A IM
MO
PK
SO
LV
ALO
R 6
1
CS R
EF L
OG
ISTIC
SP
LU
S
CS R
EF G
RE
EN
PR
OP
ER
TY
FIR
CS R
EF L
IVIN
GP
LU
S
SW
ISS
INV
ES
T R
EA
L
CS R
EF S
IAT
IMM
OF
ON
DS
IMM
O H
ELV
ETIC
LA
FO
NC
IER
E
UB
S S
WIS
S A
NFO
S
UB
S F
ON
CIP
AR
S
SW
ISS
CA
NTO
IFC
A
RO
TH
SC
HIL
D R
E S
WIS
S
SF S
US
TA
INA
BLE
PR
OP
ER
TY
SU
ISS
E R
OM
AN
DE P
RO
PE
RTY
SC
HR
OD
ER
IMM
OP
LU
S
SW
ISS
LIF
E R
EF S
WIS
S P
RO
P.
UB
S S
WIS
S S
IMA
UB
S D
IREC
T R
ES
IDEN
TIA
L
UB
S S
W S
WIS
SR
EA
L
CS R
EF IN
TE
RS
WIS
S
BO
NH
OTE
IMM
OB
ILIE
R
UB
S D
IREC
T U
RB
AN
SW
ISS
CA
NTO
CO
MM
ER
CIA
L
PA
TR
IMO
NIU
M
STR
EE
TB
OX
RE
ALS
TO
NE
SF R
ETA
IL P
RO
PE
RTI
ES
GO
OD
BU
ILD
ING
S
CS R
EF IN
TE
RN
ATIO
NA
L
DO
MIN
ICÉ
SW
ISS
PR
OP
ER
TY
PR
OC
IMM
O
PO
LY
ME
N F
ON
DS
RE
SID
EN
TIA
SF C
OM
ME
RC
IAL P
RO
PE
RTIE
S
RE
ALS
TO
NE
DE
VE
L.
CS R
EF G
LO
BA
L
TERREF MV
12The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Third-party borrowingsIn % of aggregate market value
The securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities.
Sources: Credit Suisse AG, last annual report of the fundsLast data point: 31.03.2020
0%
5%
10%
15%
20%
25%
30%
CS R
EF L
OG
ISTIC
SP
LU
S
SO
LV
ALO
R 6
1
FIR
CS 1
A IM
MO
PK
CS R
EF G
RE
EN
PR
OP
ER
TY
SF R
ETA
IL P
RO
PE
RTI
ES
SW
ISS
INV
ES
T R
EA
L
UB
S S
WIS
S A
NFO
S
SW
ISS
CA
NTO
CO
MM
ER
CIA
L
SC
HR
OD
ER
IMM
OP
LU
S
SW
ISS
CA
NTO
IFC
A
CS R
EF L
IVIN
GP
LU
S
CS R
EF S
IAT
CS R
EF IN
TE
RN
ATIO
NA
L
UB
S F
ON
CIP
AR
S
UB
S D
IREC
T R
ES
IDEN
TIA
L
LA
FO
NC
IER
E
UB
S D
IREC
T U
RB
AN
SW
ISS
LIF
E R
EF S
WIS
S…
SU
ISS
E R
OM
AN
DE…
UB
S S
WIS
S S
IMA
RE
SID
EN
TIA
UB
S S
W S
WIS
SR
EA
L
SF C
OM
ME
RC
IAL P
RO
PE
R.
PR
OC
IMM
O
BO
NH
OTE
IMM
OB
ILIE
R
SF S
US
TA
INA
BLE
PR
OP
ER
TY
RE
ALS
TO
NE
PA
TR
IMO
NIU
M
CS R
EF H
OS
PIT
ALIT
Y
IMM
OF
ON
DS
CS R
EF G
LO
BA
L
PO
LY
ME
N F
ON
DS
IMM
O H
ELV
ETIC
GO
OD
BU
ILD
ING
S
CS R
EF IN
TE
RS
WIS
S
DO
MIN
ICÉ
SW
ISS
PR
OP
ER
TY
RE
ALS
TO
NE
DE
VE
L.
HELV
ETIC
A S
WIS
S…
STR
EE
TB
OX
RO
TH
SC
HIL
D R
E S
WIS
S
13The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Swiss Real Estate funds at a glance
1 CS 1a Immo PK is restricted to tax-exempt domestic occupational benefit institutions and tax-exempt domestic social insurance institutions and compensation funds.2 CS REF International and CS REF LogisticsPlus are restricted to qualified investors as defined in art. 10, para. 3 CISA in accordance with art. 6, para. 1 CISO.3 CS REF International, CS 1a Immo PK, CS REF LogisticsPlus and CS REF Global are no constituents of the SXI Real Estate Funds.4 Monthly turnover – average of the last 12 months.5 Taxation of Swiss real estate funds differs depending on whether a fund holds it properties in direct ownership or indirectly via real estate companies (affiliates of the fund). Historical performance indications and financial market scenarios are no reliable indicators of future performance. The performance data do not take into account the commissions and costs incurred on the issue and redemption of fund units. The securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities.
Sources: Credit Suisse AG, Datastream, last annual or semi-annual report of the fundsLast data point: 31.03.2020
Name Price Vola. NAV Agio Distribution TERREF Turnover Total market Investment Property
high low YTD -5 y 3 years per unit yield (%) (MV) in mn CHF 4 capitalization focus ownership 5
Premium/Discount of Real Estate Investment Companies Agio/Disagio of Real Estate Funds
16The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Distribution yield of Real Estate investment companiesDistribution per share compared to the share price
The securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities.
Source: Credit Suisse AG, Datastream, last annual and semi-annual reports of the companiesLast data point: 31.03.2020
0%
1%
2%
3%
4%
5%
INTE
RS
HO
P N
HIA
G IM
MO
BIL
IEN
AG
SF
UR
BA
N
PR
OP
ER
TIE
S
NO
VA
VE
ST N
SW
ISS
PR
IME
SIT
E
N MO
BIM
O N
AL
LR
EA
L N
ZU
EB
LIN
N
WA
RT
EC
K N
SX
I R
EA
L E
ST
ATE
SH
AR
ES
BR
OA
D
BF
W
LIE
GE
NS
CH
AF
TE
…
FU
ND
AM
EN
TA
N
PS
P N
INV
ES
TIS
N
PL
AZ
ZA
N
ZU
G E
STA
TE
AG
17The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Swiss Real Estate investment companies at a glance
1 Monthly turnover – average of the last 12 monthsThe securities mentioned on this page are meant for illustration purposes only and are not intended as a solicitation or an offer to buy or sell these securities. Historical performance
indications and financial market scenarios are not reliable indicators of future performance.
Source: Credit Suisse AG, Datastream, last annual and semi-annual reports of the companies
Last data point: 31.03.2020
Name Price Vola. NAV Premium Distribution Turnover Market capi-
high low YTD -1y -5y 3 years per share yield (%) mn CHF 1 talization (FF)
31.03.2020 p.a. ann. (prov.) mn CHF
SWISS PRIME SITE N 94.75 123.70 80.90 -11.9% 18.1% 8.1% 15.5% 72.83 30.1% 4.0% 491.9 7’198.2
19The disclaimer at the end of this document also applies to this page.CREDIT SUISSE ASSET MANAGEMENT (Switzerland) Ltd. March 2020
Disclaimer
The information provided herein constitutes marketing material. It is not investment advice or otherwise based on a consideration of the personal circumstances of the addressee nor is it the result of objective or independent research. The information provided herein is not legally binding and it does not constitute an offer or invitation to enter into any type of financial transaction.The information provided herein was produced by Credit Suisse Group AG and/or its affiliates (hereafter "CS") with the greatest of care and to the best of its knowledge and belief. The information and views expressed herein are those of CS at the time of writing and are subject to change at any time without notice. They are derived from sources believed to be reliable.CS provides no guarantee with regard to the content and completeness of the information and where legally possible does not accept any liability for losses that might arise from making use of the information. If nothing is indicated to the contrary, all figures are unaudited. The information provided herein is for the exclusive use of the recipient.Neither this information nor any copy thereof may be sent, taken into or distributed in the United States or to any U. S. person (within the meaning of Regulation S under the US Securities Act of 1933, as amended).It may not be reproduced, neither in part nor in full, without the written permission of CS. Investments in foreign currencies involve the additional risk that the foreign currency might lose value against the investor's reference currency.Equities are subject to market forces and hence fluctuations in value, which are not entirely predictable.The key risks of real estate investments include limited liquidity in the real estate market, changing mortgage interest rates, subjective valuation of real estate, inherent risks with respect to the construction of buildings and environmental risks (e.g., land contamination).
Your Personal Data will be processed in accordance with the Credit Suisse privacy statement accessible at your domicile through the official Credit Suisse website https://www.credit-suisse.com. In order to provide you with marketing materials concerning our products and services, Credit Suisse Group AG and its subsidiaries may process your basic Personal Data (i.e. contact details such as name, e-mail address) until you notify us that you no longer wish to receive them. You can opt-out from receiving these materials at any time by informing your Relationship Manager.