SF Sustainable Property Fund raises almost 200 million

The SF Sustainable Property real estate fund raised gross proceeds of CHF 197.9 million from its capital increase.

The capital increase of the SF Sustainable Property Fund has raised new money of CHF 197.9 million. (Image: Pixabay)

According to the fund management company, the entitlements have been exercised in full. The fund will therefore receive new money in the maximum amount.

The capital increase took place from March 15 to 29, 2018 and was carried out by means of a rights offering. Three existing shares entitled the holder to subscribe to one new share. All of the approximately 1.65 million new shares were issued; the issue price was CHF 120.00 net per share certificate. The number of shares in circulation is now 6.6 million. The new shares were paid out on April 6, 2018.

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