Swiss insurer Schweizerische Mobiliar will invest up to 200 million Swiss francs of its own capital to build up to 1,000 apartments priced at cost-rent levels across Switzerland over the coming years.
The initiative, unveiled to coincide with the company’s 200th anniversary in 2026, aims to address the country’s affordable housing shortage by offering rentals aligned with actual construction, financing and maintenance costs rather than profit margins. The insurer, structured as a mutual, said the move reflects its long-term commitment to social value and community support.
To execute the plan, Mobiliar has established Dedicasa AG, a newly formed non-profit entity serving as the legal vehicle for the housing projects. The Swiss Mobiliar Asset Management AG will oversee development and management of the apartments under Dedicasa’s mandate, leveraging the insurer’s existing real estate infrastructure.
Mobiliar has already begun identifying and evaluating potential projects but has not disclosed locations, timelines or the number of units planned for the initial phase. The initiative is designed as a long-term engagement, with company executives emphasizing that affordable housing requires collective effort but that the insurer intends to play a meaningful role.
‘As a cooperative, we prioritize community and Switzerland’s future viability,’ said Stefan Mäder, Chairman of Mobiliar’s Board of Directors. ‘Our commitment focuses on securing affordable housing sustainably and delivering tangible societal benefit.’
Belinda Walther Weger, Head of Public Affairs and Sustainability at Mobiliar, added: ‘No single entity can solve the affordable housing challenge alone. We aim to be part of the solution.’
