IPO of Investis?
Investis Holding, a real estate company based in the French-speaking part of Switzerland, is looking to go public, reports the financial magazine "Finanz und Wirtschaft", citing "several sources familiar with the project".
According to the report of Finance and economy Investis could announce the IPO project in the next few weeks. The banks that are to accompany the IPO have reportedly already been mandated, with Credit Suisse leading the way. The initial listing on the SIX is planned before the summer, with a market capitalization of more than CHF 500 million being targeted.
Investis Holding AG, founded in 1994, invests primarily in residential real estate in the Lake Geneva region. The group also includes companies active in real estate services throughout Switzerland. (ah)
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