Pure Swiss Opportunity plans issue
The next capital increase is expected to be worth a good CHF 30 million and will enable the acquisition of residential real estate in German-speaking Switzerland.
Pure Funds AG, the fund management company of Pure Swiss Opportunity REF, has announced a capital increase of up to CHF 32.8 million. It will run from November 11 to 22 and is intended to raise funds for acquisitions. The fresh funds will also be used to reduce the debt ratio. The issue price is CHF 126.20 per new share.
Zürcher Kantonalbank is acting as lead manager for the capital increase. According to an investor presentation, potential acquisition targets include residential properties in Baselland (investment volume: over CHF 20 million), in the canton of Lucerne (> CHF 10 million), in Uster (> CHF 10 million) and in Zurich (> CHF 20 million) as well as a property in Pfäffikon (> CHF 7 million) with business apartments. (aw)
