Tangible real-asset exposure has long served as an inflation hedge for European families, yet today’s opportunity set extends well beyond traditional core real estate. Private infrastructure – renewable energy, data-centre networks, and regulated utilities – offers contractual cash flows tied to essential services, lowering volatility relative to listed equities.

Swiss investors are particularly well placed: proximity to EU Green Deal incentives enables co-investment in energy-transition projects that couple economic return with measurable impact. Infrastructure funds targeting value-add niches – digital warehousing or energy-storage solutions – have outpaced the broader asset class, reflecting scarcity premiums for specialised expertise.

Family offices considering first-time allocations should scrutinise manager discipline around ESG due diligence and exit strategies. Deals with embedded inflation-linked contracts can further stabilise distributions, but regulatory risk remains; ongoing monitoring of concession terms is vital.

By integrating infrastructure into the broader asset & property-management mandate, families can diversify away from concentrated residential holdings while maintaining a focus on long-term stewardship of physical assets.