Realstone Development Fund plans sales
According to a media report, the Realstone Development Fund has designated some fund properties for sale.
How first Cash reportedThe properties that the Realstone Development Fund intends to dispose of are primarily commercial properties where the initial aim is to optimize earnings.
The fund intends to use the proceeds from the sales to finance its project developments. A new construction project in Arsenaux will be completed in the second half of 2019. In Horgen, construction of stages A and C is scheduled to begin in the course of this year, and construction is also due to start on a project in Gland this year. In 2021, construction is scheduled to start on projects in Rheinfelden and Stage B in Horgen. (ah)
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