SWI Capital Holding Ltd. Reports Significant Growth and Strategic Expansion for 2025

SWI Capital Holding Ltd. (often referred to as SWICH) has released its Audited Annual Report for the year 2025, prepared by Deloitte. This pivotal year has been marked by significant advancements in artificial intelligence (AI) and digital infrastructure as well as the successful integration of investment manager Stoneweg. As an alternative investment conglomerate, SWI operates across diverse sectors including AI, digital infrastructure, real estate, credit, and finance, embodying a strong entrepreneurial spirit.

One of the key highlights of SWI’s performance in 2025 is the strategic expansion of its digital infrastructure portfolio, which includes the acquisition of the Cambridge Innovation Campus data center project. With a total capacity of 530 MW, this acquisition positions SWI to capitalize on the growing demand for data processing capabilities. Furthermore, the company has also made a strategic move to acquire a majority stake in a European high-performance computing company, which partners with Nvidia Cloud. This diverse portfolio not only enhances SWI's operational capabilities but also strengthens its market position in a competitive landscape.

Major Events and Acquisitions

In line with its growth strategy, SWI Capital has successfully integrated Stoneweg, an international investment manager with over 250 employees and €10 billion in assets under management (AUM). Stoneweg adds value by providing property management and asset management services for the publicly listed Singapore-based Stoneweg Europe Stapled Trust. This integration marks a significant step in consolidating SWI's structure and enhancing its service offerings.

Additionally, SWI reported a capital increase of €217 million in 2025, and plans to raise another €260 million in 2026, strengthening its financial base and providing ample capacity for future developments without compromising its balance sheet stability. The company maintains a conservative loan-to-value (LTV) ratio of 15.3%, which positions it favorably for long-term growth and stability.

SWI's strategy heavily focuses on the artificial intelligence and digital infrastructure sectors. The company announced its intention to make significant investments in a US-based digital infrastructure and technology firm, as well as to expand into AI as a service through partnerships with leading European cloud service providers. These acquisitions seamlessly complement SWI's data center platform, AiOnX, which is developing five strategically located hyperscale projects, some of which are leased to major hyperscale providers.

By merging European and US platforms along with end-to-end GPU service providers, SWI is poised to establish itself as a prominent global actor in the digital infrastructure landscape, meeting the increasing demand for integrated cloud computing and AI capabilities.

CEO Comments and Future Outlook

Max-Hervé George, CEO of SWI, reflected on the company's achievements in 2025, stating, "The fiscal year 2025 was a pivotal one for our Group, laying the foundation for a truly institutional platform. Our teams have demonstrated their execution capabilities with discipline and conviction, advancing simultaneously across multiple strategic fronts. We consolidated the Group's structure, continued our diversification, and made decisive progress toward operationalizing our key assets."

The total assets of SWI Capital surged to €3.3 billion by December 31, 2025, driven by the continued appreciation of fair value across its data center portfolio and the integration with Stoneweg. With the firm maintaining a conservative net LTV ratio of 15.3%, it signals strong potential for future financing of development phases without risking balance sheet stability.

As the company transitions its data centers into operational phases, SWI is focused on further investments in data center, AI, and digital infrastructure developments. Its already established real estate portfolios continue to generate recurrent income, supported by the expertise and operational capacity of the Stoneweg team, ensuring long-term value creation across the portfolio.

SWI’s Annual Report for 2025 is available for investors and stakeholders through ESEF reporting and as a PDF on the SWI website. The company will announce the date for its annual general meeting separately.

For further information about SWI Group, please visit SWI Group Website.