Schaffhausen · Switzerland Member of the allswiss group
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Who we serve

Originators on one side.
Investors on the other.

SH operates as the specialist intermediary between institutional originators — banks, insurers, and portfolio holders with real asset exposure — and institutional investors seeking structured, collateralised returns. Each side has its own mandate, its own page.

01 · For Originators

For Banks.

Release regulatory capital through true-sale and synthetic securitisation of mortgage receivables. Achieve Significant Risk Transfer under Basel IV without disrupting the underlying borrower relationship.

  • True-sale and synthetic securitisation
  • Significant Risk Transfer (SRT) under Basel IV
  • Portfolio warehouse financing
  • Minimum portfolio: > EUR 50 m · LTV 50–65%
02 · For Originators

For Insurers.

Convert concentrated direct real estate exposure into rated, capital-efficient instruments under Solvency II. Retain economic exposure while reducing SCR capital consumption on real estate portfolios.

  • Property portfolio securitisation into rated tranches
  • Matching-adjustment eligible senior notes
  • Solvency II capital treatment optimisation
  • Direct property: 25% SCR → structured: materially lower
03 · For Originators

For Portfolio
Holders.

Capital market financing for real estate portfolios above EUR 20 million — where the bank market no longer offers competitive terms. Non-recourse, LMA-standard structures for holding companies, developers and family offices.

  • Portfolio and single-asset financing
  • Residential, commercial, hospitality, logistics
  • Minimum: > EUR 20 m · LTV/LTC 65–85%
  • Pricing: 90–450 bps above base rate
04 · For Investors

For Institutional
Investors.

Access to senior and subordinated notes backed by European real estate and structured credit portfolios. Investment-grade and sub-investment-grade tranches structured to individual mandates, with full Article 7 reporting.

  • Pension funds, insurers, asset managers, family offices
  • Senior notes (BBB–AA) · Junior A · Junior B · Equity
  • Six asset class programmes: CRE, hospitality, aviation, logistics, leasing, energy
  • NDA-gated transaction pipeline