SF Retail Fund: Issue to be worth 56 million
The issue begins on October 2 and is intended for acquisitions and portfolio investments.
Swiss Finance & Property Funds AG is carrying out a capital increase for the SF Retail Properties Fund from October 2 to October 11. The issue is expected to raise CHF 56.2 million. Twelve existing units entitle the holder to subscribe to one new unit at an issue price of CHF 104.00 net each. The payment of the new shares is planned for October 18.
The fund management intends to use the proceeds for the further expansion of the real estate portfolio and for investments in existing properties. The fund had already announced that the next capital increase may take place this quarter. (aw)
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