Sustainable Real Estate Switzerland completes capital increase

According to Sustainable Real Estate AG, 221,280 new shares were issued as part of the issue. This is less than originally planned: The fund wanted According to an October announcement on the launch of the capital increase issue up to 385,135 shares and raise up to CHF 40 million.

The funds from the capital increase will be used to finance the ongoing new construction projects in Thônex (GE), Lutry (VD) and St. Gallen (SG), according to the fund management. In addition, further acquisitions are planned and the debt financing ratio will be temporarily reduced. (ah)