Aevis Victoria to sell further Infracore shares
Aevis Victoria has announced its intention to sell up to 60% of the share capital of its subsidiary Infracore to institutional investors.
At the end of 2018, Baloise had already invested in Infracore (formerly Swiss Healthcare Properties), which specializes in hospital infrastructure, with 20%. Now the Aevis-Victoria Group announced that it intends to sell a share of between 30% and 60% of the share capital to institutional investors. This, it says, is intended to give Infracore full autonomy. Aevis Victoria currently holds 80% of the shares; however, in the near future the stake is expected to be reduced to below 50%.
As shown in the annual report for 2018, which has now been presented, Infracore generated EBIT of CHF 60.1 million (2017: 53.4 million) and net income of 47.1 million (2017: 36.6 million) in the past fiscal year. The company's real estate portfolio comprises 35 buildings in 15 locations with a rental area of approximately 157,500 sqm. The buildings are mainly leased on a very long-term basis to the various clinics of the Swiss Medical Network.
Daniel Jandric becomes new CEO
Daniel Jandric, previously COO of Aevis Victoria, will become the new CEO of Infracore, the company further announces.
In addition, Ruth Metzler-Arnold, Federal Councillor from 1999 to 2003 and member of the Board of Directors of the Swiss Medical Network, will be proposed for election to the Board of Directors of Infracore at the next Annual General Meeting.
In addition to Martin Gafner, the Chairman, Dieter Kräuchi, the Baloise representative, Gilles Frachon, Antoine Hubert and Michel Reybier are members of the Board. (ah)
