Valres fund aspires to the stock exchange

Valres Fund Management announces that the Valres Swiss Residential Fund (VSRF) is to go public later this year. The initial listing is planned for mid-December. FINMA still has to approve the corresponding amendments to the fund contract, likewise the approval of the listing application by the stock exchange is still pending.

In addition, the fund management is planning a capital increase for the fund. The proceeds are to be used to finance acquisitions in major urban centers in French-speaking Switzerland, the company says.