UBS Explores Sale of Real Estate Assets in Asset Management Division

March 13, 2025 - 17:23

LONDON - UBS is reportedly contemplating the sale of a portion of its asset management division, primarily focused on real estate investments. This strategic move comes as the bank seeks to revitalize its smallest business unit. According to insiders familiar with the situation, the assets under consideration mainly consist of Swiss real estate properties and could be valued at less than $1 billion.

In June, UBS initiated a restructuring of its asset management division under the leadership of seasoned executive Aleksandar Ivanovic. As part of this revamp, the bank consolidated some of its real estate assets into a newly established unit that integrates asset management with wealth products. This shift reflects UBS’s broader strategy to streamline operations and enhance efficiency within its asset management framework. The potential sale underscores the bank's ongoing efforts to adapt to changing market conditions and optimize its investment portfolio.