According to the real estate valuation company IAZI, 2023 was characterized by the aftermath of the interest rate turnaround for Swiss real estate investors. Investments in real estate still paid off, but the market is now a long way from the performance figures achieved during the low-interest phase, the company writes in its latest assessment. The investment environment is experiencing an interim low, but the recent reduction in the key interest rate by the SNB promises the proverbial silver lining on the horizon.