Capital increase for Swisscanto Swiss Commercial
The real estate fund Swisscanto Swiss Commercial plans to issue new units in the amount of approximately CHF 74 million in May.
The capital increase for Swisscanto (CH) Real Estate Fund Swiss Commercial (Swisscanto Swiss Commercial) will be carried out to raise additional funds to finance upcoming investments and to repay debt, Swiscanto says.
The issuance will be carried out in compliance with the subscription rights of existing unitholders, and the exact terms and conditions are to be announced in early April 2017.
Swisscanto Swiss Commercial was launched in 2010 and has been listed on the SIX Swiss Exchange since November 2015. The fund invests primarily in commercial properties throughout Switzerland, with total assets of CHF 470 million.
(Visited 38 times, 1 visits today)
