SF Sustainable Property Fund considers capital increase
The fund management of the SF Sustainable Property Fund intends to increase the fund's capital by around CHF 100 million.
According to the fund management company, a capital increase for the SF Sustainable Property Fund is being examined for the third or fourth quarter. The issue is expected to have a volume of around CHF 100 million, but is subject to developments on the financial markets.
The fund intends to use the fresh money to expand its portfolio, tap potential in existing properties and repay debt. (ah)
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