Akara Diversity PK aims to raise up to 150 million

As announced by Swiss Prime Site Solutions as the new fund management company of the Akara Swiss Diversity Property Fund PK, the now tenth capital increase is to take place with a subscription period from October 24 to November 18, 2022. The issue volume will be between CHF 100 and 150 million. The fund intends to use the proceeds to finance upcoming real estate projects and invest in Swiss real estate assets. At the same time, the investor base is to be expanded in order to increase the liquidity of the securities.

The capital increase will be carried out in compliance with the subscription rights of existing shareholders. For the subscription of new shares or shares exceeding the subscription rights, corresponding letters of intent can be submitted before the start of the subscription period. Letters of intent and new subscriptions during the subscription period will follow the principle of "first come, first served," the fund management company said.

Akara Diversity PK invests in existing properties as well as in development and construction projects with residential and commercial uses. The properties are primarily held directly. (ah)