SFP Investment Foundation: Investment groups collect 190 million
The two investment groups SFP AST Global Core Property and SFP AST Global Core Property Hedged CHF of the SFP Investment Foundation raised a total of CHF 189.9 million from Swiss pension funds in the first subscription period.
The SFP Investment Foundation was founded by Swiss Finance & Property AG in May of this year and launched the two real estate investment groups SFP AST Global Core Property and SFP AST Global Core Property Hedged CHF at the end of September, which focus on unlisted, open-ended core real estate funds. According to the investment foundation, more than 20 Swiss pension funds have made capital commitments to date.
The launch of the SFP AST Global Core Property achieved a subscription volume of CHF 60 million. The SFP AST Global Core Property Hedged CHF investment group, which is hedged against currency risks, raised more than twice as much capital in the same period at CHF 129.8 million.
The next subscription deadline is scheduled for December 8 of this year; according to the SFP Investment Foundation, the investment groups are open at all times.
