Bonhôte-Immobilier SICAV: Strong 2025/26 Performance And Leadership Transition

Bonhôte-Immobilier SICAV closed its 2025/26 fiscal year with positive financial results, according to reports from Zonebourse Suisse and Agefi.com. The fund also appointed Mirko Mandola as its new manager, a leadership transition confirmed by Le Revenu and IMMOBILIEN Business on June 22, 2026.

How did Bonhôte-Immobilier SICAV perform in the 2025/26 fiscal year?

The fund ended its 2025/26 exercise on a positive note, Zonebourse Suisse reported on June 22, 2026. This performance indicates the fund maintained profitability throughout the period.

Agefi.com provided a more specific characterization of the financial data, reporting that Bonhôte-Immobilier SICAV improved its results for the 2025/26 period. While Zonebourse Suisse focused on the positive closure of the year, Agefi.com’s reporting suggests a growth trend compared to previous figures.

The fund operates as a SICAV, an investment company with variable capital, which allows it to manage real estate assets for investors under the umbrella of the Bonhôte bank.

Who is leading the Bonhôte real estate fund?

Mirko Mandola has taken over as the head of the Bonhôte-Immobilier SICAV, according to reports from Le Revenu and IMMOBILIEN Business. The appointment places Mandola in charge of the fund’s strategic direction and asset management.

Agefi.com also confirmed that Mandola is now leading the real estate fund specifically associated with the bank Bonhôte. The transition occurs as the fund reports its improved financial standing for the most recent fiscal year.

What is the significance of this management shift?

The appointment of a new fund manager often coincides with a shift in investment strategy or a desire to build on recent financial gains. By installing Mandola at the helm, Bonhôte is aligning its leadership with the fund’s current trajectory of improved results.

Real estate SICAVs in the Swiss market typically focus on stable yield and capital preservation. The reported improvement in results for the 2025/26 exercise suggests that the fund’s portfolio has successfully navigated the economic conditions of that period.

The simultaneous reporting of a positive fiscal closure and a leadership change indicates a period of reorganization for the bank’s real estate arm. Mandola’s role will involve managing the variable capital structure of the SICAV while attempting to maintain the upward trend reported by Agefi.com.